Tex. Insurance Code § 830.003
RISK MANAGEMENT FRAMEWORK
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 830.003, RISK MANAGEMENT FRAMEWORK, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/679244
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Full text
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.