Cal. INS § 935.4
This is the official text of Cal. INS § 935.4, part of California’s Insurance Code — regulates insurance companies and the insurance policies sold in California.
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Official statutory text
Subject to Section 935.6, 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.
Status: in_force · Read it on the official government site
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