§ 32-102

Md. Code Ann., Ins. § 32-102

Purposes and application of title

Effective Jan 1, 2018Added by Acts 2017, c. 36, § 1, eff. Jan. 1, 2018.State of Maryland

  1. (a) The purposes of this title are to:

    1. (1) require a carrier or insurance group to maintain a risk management framework and complete an ORSA;
    2. (2) set the requirements for filing an ORSA Summary Report with the Commissioner; and
    3. (3) provide for the confidential treatment of the ORSA, the ORSA Summary Report, and other ORSA-related information.
  2. (b) This title applies to all carriers domiciled in the State that are not exempt under § 32-106 of this title.

Added by Acts 2017, c. 36, § 1, eff. Jan. 1, 2018.

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