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    • Legislation USA
    • Massachusetts General Laws
    • Part I - Administration of the Government
    • Title XXII - Corporations
    • Chapter 176v - Own Risk and Solvency Assessment

    Massachusetts General Laws
    Title XXII - Corporations
    Chapter 176v - Own Risk and Solvency Assessment

    Section 1 - Definitions - Section 1. As used in this chapter, the following words...

    Section 2 - Risk Management Framework - Section 2. An insurer shall maintain a risk management framework...

    Section 3 - Orsa Requirements - Section 3. Subject to section 5, an insurer, or the...

    Section 4 - Orsa Summary Report or Similar Report; Contents; Reports Submitted to Commissioner of Another State or Foreign Jurisdiction - Section 4. (a) Upon the request of the commissioner, and...

    Section 5 - Exemption From Requirements of Chapter; Partial Exemption; Application for Waiver; Loss of Exempted Status - Section 5. (a) An insurer shall be exempt form the...

    Section 6 - Report to Be Consistent With Orsa Guidance Manual; Examination of Supporting Documents; Review - Section 6. (a) An ORSA summary report shall be prepared...

    Section 7 - Proprietary Nature of Reports and Documents; Confidentiality; Testimony Regarding Reports in Private Civil Actions; Sharing of Information - Section 7. (a) Documents, materials or other information, including the...

    Section 8 - Failure to Timely File Orsa Summary Report; Penalty - Section 8. Any insurer failing, without just cause, to timely...

    Section 9 - Rulemaking - Section 9. The commissioner may, pursuant to chapter 30A, upon...

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