2017 Arizona Revised Statutes
Title 20 - Insurance
§ 20-491.01 Risk management framework required

20-491.01. Risk management framework required

An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on its material and relevant risks. This requirement is satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.

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