Md. Code, Insurance § 32-107
This is the official text of Md. Code, Insurance § 32-107, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§32–107.
Official statutory text
(a) The ORSA Summary Report shall be prepared consistent with the ORSA Guidance Manual.
(b) Documentation and supporting information for the ORSA Summary Report shall be maintained and made available on examination or request of the Commissioner.
(c) (1) The Commissioner shall review the ORSA Summary Report.
(2) The Commissioner shall make any requests for additional information using procedures similar to those currently used in the analysis and examination of multi–state or global carriers and insurance groups.
(d) The ORSA Summary Report shall include a short summary of material changes and updates to the ORSA Summary Report since the prior year.
(e) The Commissioner may retain, at the carrier’s expense, third–party consultants, including attorneys, actuaries, accountants, and other experts not otherwise a part of the Administration’s staff as may be reasonably necessary to assist the Administration in reviewing the carrier’s risk management framework, ORSA, ORSA Summary Report, or compliance with this title.
(b) Documentation and supporting information for the ORSA Summary Report shall be maintained and made available on examination or request of the Commissioner.
(c) (1) The Commissioner shall review the ORSA Summary Report.
(2) The Commissioner shall make any requests for additional information using procedures similar to those currently used in the analysis and examination of multi–state or global carriers and insurance groups.
(d) The ORSA Summary Report shall include a short summary of material changes and updates to the ORSA Summary Report since the prior year.
(e) The Commissioner may retain, at the carrier’s expense, third–party consultants, including attorneys, actuaries, accountants, and other experts not otherwise a part of the Administration’s staff as may be reasonably necessary to assist the Administration in reviewing the carrier’s risk management framework, ORSA, ORSA Summary Report, or compliance with this title.
Status: in_force · Read it on the official government site
Need a lawyer in Maryland?
Find a Maryland lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.