Idaho Statutes

§ 41-6303 — RISK MANAGEMENT FRAMEWORK

Idaho·Title 41 INSURANCE·Ch. 63 OWN RISK AND SOLVENCY ASSESSMENT
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.

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Legislative History

[41-6303, added 2017, ch. 75, sec. 1, p. 189.]

Nearby Sections

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