Ohio Administrative Code Search

...any equity security. Effective April 4, 1985, division (A) of section 3901.31 of the Revised Code was amended to exclude from application of this filing obligation domestic stock insurance companies which are wholly owned subsidiaries of an insurance holding company system. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under division (H) of section 3901.31 of the Revi...

...andards for such sales. Sections 3901.20 and 3901.21 of the Revised Code, respectively, prohibit unfair or deceptive trade practices in the business of insurance and define certain acts or practices as unfair or deceptive. Section 3901.21 of the Revised Code also provides that the enumeration of specific unfair or deceptive acts or practices in the business of insurance is not exclusive or restric...

...t division (A)(24) of section 3929.01 of the Revised Code, as it pertains to the writing and servicing of that kind of insurance known as mortgage guaranty insurance as hereinafter defined. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 of the Revised Code. (C) Definitions The definitions set forth in this rule shall gov...

...t division (A)(24) of section 3929.01 of the Revised Code, as it pertains to the writing and servicing of that kind of insurance known as mortgage guaranty insurance as hereinafter defined. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 of the Revised Code. (C) Definitions The definitions set forth in this rule shall gov...

... in the superintendent under section 3901.041 of the Revised Code. (C) Applicability This rule is issued pursuant to Chapter 3918. of the Revised Code regulating credit life insurance and credit accident and health insurance and is applicable to all policies, riders, applications for insurance, notices of proposed insurance, certificates of insurance and endorsements providing credit life insurance and credit accid...

... in the superintendent under section 3901.041 of the Revised Code. (C) Applicability This rule is issued pursuant to Chapter 3918. of the Revised Code regulating credit life insurance and credit accident and health insurance and is applicable to all policies, riders, applications for insurance, notices of proposed insurance, certificates of insurance and endorsements providing credit life insurance and credit accid...

... in the superintendent under Chapter 3951. and section 3901.041 of the Revised Code. (C) Prohibited activities No public insurance adjuster or public insurance agent shall: (1) Engage in any manner or degree, for compensation of any kind, in the business of repairing, remodeling, or replacing damaged or destroyed property, real or personal, which damage or destruction is covered by a policy of ...

... in the superintendent under Chapter 3951. and section 3901.041 of the Revised Code. (C) Prohibited activities No public insurance adjuster or public insurance adjuster agent shall: (1) Engage in any manner or degree, for compensation of any kind, in the business of repairing, remodeling, or replacing damaged or destroyed property, real or personal, which damage or destruction is covered by a p...

...3929.55 to 3929.56 and 3929.58 to 3929.61 of the Revised Code which: (1) Establishes the "Ohio Mine Subsidence Underwriting Association," (2) Provides for the transfer of risk from member insurers to the association, and (3) Creates the "Mine Subsidence Insurance Fund." (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 of the Revised Code. (C) D...

...3929.55 to 3929.56 and 3929.58 to 3929.61 of the Revised Code which: (1) Establishes the "Ohio Mine Subsidence Underwriting Association," (2) Provides for the transfer of risk from member insurers to the association, and (3) Creates the "Mine Subsidence Insurance Fund." (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 of the ...

...(A) Purpose (1) The purpose of this rule is to facilitate the department's surveillance of the financial condition of insurers by requiring (a) an annual audit of financial statements reporting the financial position and results of operation of insurers by independent certified public accountants, (b) communication of internal control related matters noted in an audit, and (c) management's report of internal control...

...n the superintendent under section 3956.18 of the Revised Code. (C) Applicability. This rule applies to all insurers and agents providing, soliciting or negotiating coverage for direct, non-group life, health, annuity, and supplemental policies or contracts, for certificates under direct group policies and contracts, and for unallocated annuity contracts issued by member insurers. (D) Delivery o...

...in the superintendent under sections 3901.041 and 3901.19 to 3901.26 of the Revised Code. (C) Definitions As used in this rule: (1) "Agent" means any individual, corporation, association, partnership or other legal entity authorized to represent an insurer with respect to a claim. (2) "Claim file" means any retrievable electronic file, paper file, combination of both, or any other media. (3) ...

...in the superintendent under sections 3901.041 and 3901.19 to 3901.26 of the Revised Code. (C) Definitions As used in this rule: (1) "Agent" means any individual, corporation, association, partnership or other legal entity authorized to represent an insurer with respect to a claim. (2) "Claim file" means any retrievable electronic file, paper file, combination of both, or any other media. (3) ...

...s rule is issued pursuant to section 3901.041 of the Revised Code which provides that the superintendent of insurance shall adopt, amend, and rescind rules and make adjudications, necessary to discharge the superintendent's duties and exercise the superintendent's powers, including, but not limited to, the superintendent's duties and powers under Chapters 1751. and 1753. and Title XXXIX of the Revised Code, subject t...

...in the superintendent under sections 3901.041, 3901.043 and 3913.37 of the Revised Code. (C) The following schedule of fees is established for transactions and services performed under the following: (1) Transactions pursuant to section 3901.321 of the Revised Code: (a) Filing of the statement (form A) relating to the change of control or takeover of a domestic insurance company. Twenty-five hu...

...in the superintendent under sections 3901.041, 3901.043, 3901.07, and 3913.37 of the Revised Code. (C) The following schedule of fees is established for transactions and services performed under the following: (1) Transactions pursuant to section 3901.321 of the Revised Code: (a) Filing of the statement (form A) relating to the change of control or takeover of a domestic insurance company. Twenty-five hundred doll...

...in the superintendent under sections 3901.041, 3937.04 and 3937.12 of the Revised Code. (C) Annual rate filing requirement (1) Every insurer issued a certificate of authority to write medical malpractice insurance in this state and that issues such insurance in this state, shall at a minimum, file annually with the superintendent of insurance, appropriate information and exhibits, in support of the insurer's existi...

...in the superintendent under sections 3901.041, 3937.04 and 3937.12 of the Revised Code. (C) Annual rate filing requirement (1) Every insurer issued a certificate of authority to write medical malpractice insurance in this state and that issues such insurance in this state, shall at a minimum, file annually with the superintendent of insurance, appropriate information and exhibits, in support...

...in the superintendent under sections 3901.041 and 3905.95 of the Revised Code. (C) Definitions. As used in this rule: (1) "Cash bond" means the full amount of the bail required to be paid in cash to release a defendant from jail. (2) "Power of attorney" means a legal instrument that is used by a authorized surety company to delegate authority to a licensed general agent or surety bail bond agent for the posting o...

...in the superintendent under sections 3901.041 and 3905.95 of the Revised Code. (C) Definitions. As used in this rule: (1) "Cash bond" means the full amount of the bail required to be paid in cash to release a defendant from jail. (2) "Power of attorney" means a legal instrument that is used by a authorized surety company to delegate authority to a licensed general agent or surety bail bond agent fo...

...once certain criteria are met, to: (1) account for eligible derivative instruments using the amortized cost method, and (2) make an election at a policy level to use a reserve calculation methodology for indexed annuity products under which interest credits based upon one or more external indices are included in the reserve only after those interest credits have been credited to the contract holde...

...solicitations subject to Chapter 3901-2 of the Administrative Code. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041 and 3901.31 of the Revised Code. (C) No solicitation subject to this chapter may be made unless each person solicited is concurrently furnished or has previously been furnished with a written proxy statement con...

...ng the information specified in rule 3901-2-13 of the Administrative Code. (B) If the solicitation is made on behalf of the issuer and relates to an annual meeting of security holders at which directors are to be elected, each proxy statement shall be accompanied by an annual report to security holders as follows: (1) The report shall contain, in comparative columnar form, such financial statements for the last two...

...in the superintendent under sections 3901.041 and 3901.31 of the Revised Code. (C) The issuer shall mail or otherwise furnish to such security holder, as promptly as practicable after the receipt of such request: (1) A statement of the approximate number of record owners and, to the extent known to the issuer, the approximate number of beneficial owners of any class of securities, any of whom ...