                                 CODE OF VIRGINIA

ORSA REQUIREMENT (§ 38.2-1334.5)

Subject to § 38.2-1334.7, an insurer, or the insurance group of which the
insurer is a member, shall regularly conduct an ORSA consistent with a process
comparable to the ORSA Guidance Manual. The ORSA shall be conducted no less than
annually, but also at any time when there are significant changes to the risk
profile of the insurer or the insurance group of which the insurer is a member.

HISTORY: 2014, c. 248.