Statute · California Insurance Code
Cal. Ins. Code § 935.3 — Own Risk and Solvency Assessment
Cal. Ins. Code § 935.3
- Type
- Statute
- Source
- California Insurance Code
- Jurisdiction
- California
- Date
- 2014-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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…
Citator
Cal. Ins. Code § 935.3 — Own Risk and Solvency Assessment is in force in the current edition of the Code, and nothing recorded condemns it.
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.