Mass. Gen. Laws ch. 176V § 2

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 176V:2 - Risk management framework

An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on 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.

Mass. Gen. Laws ch. 176V, § 2

Added by Acts 2016, c. 402,§ 13, eff. 4/15/2017.