3901-1-23 Inland marine risks.

(A) Existing bulletins superseded

This rule supersedes "Bulletin 9", dated April 1, 1955, and "Bulletin 10", dated March 18, 1957.

(B) Inland marine risks

(1) Inland marine risks shall be established by the nation-wide marine definition, approved and recommended by the "National Association of Insurance Commissioners" on December 9, 1976, amendments thereto, and interpretations thereof by the N.A.I.C. committee on interpretation of the nation-wide marine definition.

(2) Any company wishing to deviate from the nation-wide marine definition shall make a formal filing and obtain approval of the superintendent of insurance before using such deviation.

(C) Effective date

This rule shall take effect on the first day of December, 1978.

R.C. 119.032 review dates: 11/30/2012 and 08/31/2017
Promulgated Under: 119.03
Statutory Authority: 3901.041
Rule Amplifies: 3905.04
Prior Effective Dates: 1/20/1967, 12/1/1978