1. (a) Subject to § 32-106 of this title, a carrier, or the insurance group of which the carrier is a member, shall regularly conduct an ORSA consistent with the process outlined in the ORSA Guidance Manual.

2. (b) The ORSA shall be conducted:

   1. (1) regularly, but not less than once each year; and
   2. (2) at any time when there is a significant change to the risk profile of the carrier or the insurance group of which the carrier is a member.

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