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2017 Louisiana Laws
Revised Statutes
TITLE 22 - Insurance
RS 22:691.33 - Risk management framework
Universal Citation:
LA Rev Stat § 22:691.33 (2017)
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§691.33. Risk management framework
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 may be satisfied if the insurance group of which it is a member maintains a risk management framework applicable to the operations of the insurer.
Acts 2015, No. 196, §1, eff. Jan 1, 2016.
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