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2019 Massachusetts General Laws
Part I - Administration of the Government
Title XXII - Corporations
Chapter 176v - Own Risk and Solvency Assessment
Section 3 - Orsa Requirements
Universal Citation: MA Gen L ch 176v § 3 (2019)
Section 3. Subject to section 5, 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 annually and 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.
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