Kan. Stat. § 40-6003

Current through 2024 Session Acts Chapter 111 and 2024 Special Session Acts Chapter 4
Section 40-6003 - Same; risk management framework required

An insurer shall maintain a risk management framework to assist the insurer with identifying, assessing, monitoring, managing and reporting on its 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.

K.S.A. 40-6003

Added by L. 2015, ch. 18,§ 3, eff. 1/1/2017.