2016 Hawaii Revised Statutes
TITLE 24. INSURANCE
431. Insurance Code
431:3D-103 Risk management framework.

HI Rev Stat § 431:3D-103 (2016) What's This?

[§431:3D-103] Risk management framework. An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting its material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer. [L 2016, c 140, pt of §1]

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