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2018 Idaho Statutes
Title 41 - INSURANCE
Chapter 63 - OWN RISK AND SOLVENCY ASSESSMENT
Section 41-6304 - ORSA REQUIREMENT.
Universal Citation: ID Code § 41-6304 (2018)
41-6304. ORSA REQUIREMENT. Subject to section 41-6306, Idaho Code, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an ORSA consistent with a process comparable to the ORSA guidance manual. The ORSA shall be conducted no less than annually but also at any time when there are significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member.
History:
[41-6304, added 2017, ch. 75, sec. 1, p. 189.]
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