Maryland Statutes
Title 32 - Risk Management and Own Risk and Solvency Assessment Act
Section 32-104 - Orsa to Be Conducted

(a)    Subject to § 32–106 of this title, a carrier, or the insurance group of which the carrier is a member, shall regularly conduct an ORSA consistent with the process outlined in the ORSA Guidance Manual.
    (b)    The ORSA shall be conducted:
        (1)    regularly, but not less than once each year; and
        (2)    at any time when there is a significant change to the risk profile of the carrier or the insurance group of which the carrier is a member.