Indiana § 27-1-23.5-8 Risk management framework

Indiana Statutes

§ 27-1-23.5-8 — Risk management framework

Indiana § 27-1-23.5-8

Title 27INSURANCE

Art. 1DEPARTMENT OF INSURANCE

Ch. 23.5Risk Management and Own Risk and Solvency

This text of Indiana § 27-1-23.5-8 (Risk management framework) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 27-1-23.5-8 (2026).

Text

(a)An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting concerning the insurer's material and relevant risks.

(b)If an insurance group of which an insurer is a member maintains a risk management framework described in subsection (a) that applies to the operations of the insurer, the insurer is considered to be in compliance with subsection (a).

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(a) An insurer shall maintain a risk
management framework to assist the insurer with identifying,
assessing, monitoring, managing, and reporting concerning the insurer's
material and relevant risks.
(b) If an insurance group of which an insurer is a member maintains
a risk management framework described in subsection (a) that applies
to the operations of the insurer, the insurer is considered to be in
compliance with subsection (a).