{"data":{"id":"us-tx/tex.-insurance-code-830.003","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 830.003","heading":"RISK MANAGEMENT FRAMEWORK.","body":"An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing, and reporting on the insurer's 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.\nAdded by Acts 2015, 84th Leg., R.S., Ch. 39 (S.B. 655), Sec. 1, eff. May 19, 2015.","path":["INSURANCE CODE","TITLE 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES","SUBTITLE B. ORGANIZATION OF REGULATED ENTITIES","CHAPTER 830. OWN RISK AND SOLVENCY ASSESSMENT"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.830.htm#830.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"bfea22a5ff2af64588aa608d4d866c2197359448fc0b576e15eee8157cc84ba8","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-830.002","next":"us-tx/tex.-insurance-code-830.004"},"notice":"GroundRules: Original legal text. Not legal advice."}