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2017 Maryland Code
Insurance
Title 32 - Risk Management and Own Risk and Solvency Assessment Act (Title Effective January 1, 2018.)
§ 32-102. Purposes; applicability.
Universal Citation: MD Ins Code § 32-102 (2017)
- (a) Purposes. -- The purposes of this title are to:
- (1) require a carrier or insurance group to maintain a risk management framework and complete an ORSA;
- (2) set the requirements for filing an ORSA Summary Report with the Commissioner; and
- (3) provide for the confidential treatment of the ORSA, the ORSA Summary Report, and other ORSA-related information.
- (b) Applicability. -- This title applies to all carriers domiciled in the State that are not exempt under ยง 32-106 of this title.
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