Current with changes from the 2024 Legislative Session
Section 32-102 - Purposes; applicability(a) 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) This title applies to all carriers domiciled in the State that are not exempt under § 32-106 of this title.Added by 2017 Md. Laws, Ch. 36,Sec. 1, eff. 1/1/2018.