(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.