Tex. Ins. Code Section 830.003
Risk Management Framework


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.
Added by Acts 2015, 84th Leg., R.S., Ch. 39 (S.B. 655), Sec. 1, eff. May 19, 2015.

Source: Section 830.003 — Risk Management Framework, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­830.­htm#830.­003 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 830.003’s source at texas​.gov