GroundRules
N.C. Gen. Stat. § 58-10-715: ORSA requirement.
Where this section sits in the code
- Chapter 58. Insurance.
- Article 10. Miscellaneous Insurer Financial Provisions.
- Part 10. Risk Management and Own Risk and Solvency Assessment.
Subject to G.S. 58-10-725, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an ORSA consistent with a process comparable to the ORSA Guidance Manual. The ORSA shall be conducted no less than annually but also at any time when there are significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member. (2017-136, s. 1.)
Collected 2026-08-27T18:06:53Z. Source file · JSON