40 Pa. Stat. § 991.2603

Current through Pa Acts 2024-35, 2024-56
Section 991.2603 - Risk management framework

An insurer shall maintain a risk management framework for identifying, assessing, monitoring, managing and reporting its material and relevant risks. This requirement may be satisfied if the insurance group of which the insurer is a member maintains a risk management framework applicable to the operations of the insurer.

40 P.S. § 991.2603

Added by P.L. 656 2013 No. 78, § 2, eff. 1/1/2015.