Title XXIV BUSINESS AND FINANCIAL INSTITUTIONS Chapter 382 • Effective - 01 Jan 2016, see footnote 382.510. Risk management framework to be maintained. — 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. Such 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. -------- (L. 2015 H.B. 50) Effective 1-01-16, see § 382.550
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