215 ILCS 5/129.4

Current through Public Act 103-1052
Section 215 ILCS 5/129.4 - ORSA requirement

Subject to Section 129.7 of this Code, 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 no less than annually but also 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.

215 ILCS 5/129.4

Added by P.A. 098-0910,§ 10, eff. 7/1/2015.