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Terms Used In Maryland Code, INSURANCE 32-102

  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See
(a) The purposes of this title are to:

(1) require a carrier or insurance group to maintain a risk management framework and complete an ORSA;

(2) set the requirements for filing an ORSA Summary Report with the Commissioner; and

(3) provide for the confidential treatment of the ORSA, the ORSA Summary Report, and other ORSA-related information.

(b) This title applies to all carriers domiciled in the State that are not exempt under § 32-106 of this title.