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2021 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 - The Insurance Code of 1956 (500.100 - 500.8302)
218-1956-17 - Chapter 17 Risk Management and Own Risk and Solvency Assessment (500.1701...500.1715)
- Section 500.1701 - Definitions.
- Section 500.1703 - Risk Management Framework.
- Section 500.1705 - Orsa; Conduct.
- Section 500.1707 - Orsa Summary Report.
- Section 500.1709 - Exemptions; Waiver; Requirement to Maintain Risk Management Framework, Conduct Orsa, and File Orsa Summary Report; Compliance by Insurer No Longer Qualifying for Exemption.
- Section 500.1711 - Orsa Summary Report; Preparation; Maintenance and Availability; Review by Director.
- Section 500.1713 - Documents, Materials, or Other Information; Confidentiality; Sharing and Use of Information; Written Agreement With Naic or Third-Party Consultant; Administration, Execution, and Enforcement of Chapter by Director; Inadmissibility as Evidence.
- Section 500.1715 - Failure to File Timely Orsa Summary Report; Penalty.
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