Ohio Administrative Code Search

...shall mean an entity subject to the insurance laws and rules of this state, or subject to the jurisdiction of the superintendent of insurance, that contracts, or offers to contract, to provide, deliver, arrange for, pay for, or reimburse any of the costs of health care services under a health benefit plan, including a sickness and accident insurance company; a health insuring corporation; a frater...

...authority granted the superintendent of insurance pursuant to sections 3901.011, 3901.041, 3901.19 to 3901.26, 3916.05, and 3916.20 of the Revised Code. (C) Applicability and scope This rule applies to all persons applying for or renewing a license or who are currently licensed as a viatical settlement provider in this state. (D) Definitions The definitions set forth in Chapter 3916. of the Revised Code are inco...

... license and to the registration of insurance agents operating as a viatical settlement broker. This rule also provides form filing requirements and fees for licenses, renewals, and form approvals. (B) Authority This rule is promulgated under the authority granted the superintendent of insurance pursuant to sections 3901.011, 3901.041, 3901.19 to 3901.26, 3916.05, and 3916.20 of the Revised Code...

...o be approved by the Ohio department of insurance as an acceptable viatical settlement broker education course, at a minimum, the course must: (a) Be offered by an approved provider; (b) Use the most recent versions of laws and rules; (c) Have significant intellectual or practical content that enhances and improves the licensee's knowledge or professional competence. A course should be an organized pro...

...his rule is to provide guidance to life insurance companies regarding the types of questions that must be included on life insurance applications pursuant to division (B) of section 3916.05 of the Revised Code to identify and prevent stranger-originated life insurance (STOLI). (B) Authority This rule is adopted pursuant to sections 3901.04, 3901.041, 3916.05 and 3916.20 of the Revised Code. (C) Applicability and s...

...m and license an Ohio domiciled captive insurance company pursuant to section 3964.03 of the Revised Code. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3964.21 of the Revised Code. (C) Form of application The superintendent of insurance shall post on the department of insurance website the forms to be used in applying for a license as an Ohio domicile...

...the procedure for the superintendent of insurance to require additional capital and surplus of a captive insurance company pursuant to section 3964.05 of the Revised Code. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3964.21 of the Revised Code. (C) Basis of determination (1) In determining whether to require a captive insurance company to increase it...

... process and procedure for a captive insurance company to appoint an independent certified public accountant and file audited annual financial statements, an actuarial opinion on policy reserves, and annual statements with the superintendent of insurance pursuant to section 3964.07 of the Revised Code. (B) Authority This rule is promulgated pursuant to the authority vested in the superintende...

... the notice requirements of the captive insurance company's independent certified public accountant in the event of the determination that the captive insurance company materially misstated its financial condition in its report to the superintendent of insurance pursuant to section 3964.07 of the Revised Code. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sectio...

...set out in the "National Association of Insurance Commissioner's" (NAIC) "Accounting Practices and Procedures Manual." (D) Life insurance policy and annuity contract reserves For its reserve basis on risks reinsured through the special purpose financial captive, an Ohio domiciled special purpose financial captive is required to hold reserves either based upon the "Statements on Statutory Accounting Principles" as s...

... to a special purpose financial captive insurance company pursuant to division (E)(6) of section 3964.03 of the Revised Code and for special purpose financial captive insurance companies pursuant to division (G)(2) of section 3964.07 of the Revised Code. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041 and 3964.21 of the Revised Code. (C) Definit...

...

...

...inspectors are typically employed by an insurance company authorized to write boiler and pressure vessel insurance in the state of Ohio but can also be employed as an inspector by the owner-user of the boiler or pressure vessel which is proposed for use or is operating within the state of Ohio. The owner-user must maintain an established inspection program meeting the requirements of the "National Board" publication ...

...

...

...means: (1) Medical or hospital care or insurance to provide such; (2) Pensions on retirement or death or insurance to provide such; (3) Compensation for injuries or illnesses resulting from occupational activities if it is in addition to that coverage required by Chapter 4121. and 4123. of the Revised Code; (4) Supplemental unemployment benefits that are in addition to those required by Chapter 4141. of the Revis...

...idents, sickness, or disability, or for insurance to provide any of the foregoing, or unemployment benefits in addition to those required by Chapter 4141. of the Revised Code or vacation pay. (B) The following deductions from wages may be made only if, prior to commencement of work by the employee on any project, employers procure and maintain, in writing, proof of voluntary deductions signed by the employee: (1) S...

...te or the date the area's liability insurance underwriter will inspect. Any tramway inspection shall occur prior to the first date of commencement of operations. The schedule shall be on a prepared form provided by the board and submitted with the "Application for Registration of Passenger Tramways." (3) When an inspection by an insurance company authorized to insure passenger tramways in thi...

...ised Code; or (12) Failure to maintain insurance throughout the license year, unless the license has properly been placed in an inactive status. (B) The appropriate specialty sections shall direct the administrative section to refuse to issue any license upon a finding by the appropriate speciality section that the applicant has done any of the following: (1) Been found guilty of a crime involving moral turpitude ...

...ntain required contractor liability insurance throughout the license year, unless the license has properly been placed in an inactive status. (B) The appropriate specialty sections shall direct the administrative section to refuse to issue any license upon a finding by the appropriate specialty section that the applicant has done any of the following: (1) Been found guilty of a crime of mora...

... by the applicant that the required insurance is maintained pursuant to rule 4101:16-2-09 of the Administrative Code; and (4) Receipt of a completed criminal records check performed pursuant to rule 4101:16-2-02 of the Administrative Code. The issuance of a license by the administrative section is contingent upon the Ohio construction industry licensing board having determined, in its discret...

... by the applicant that the required insurance is maintained pursuant to rule 4101:16-2-09 of the Administrative Code; and (4) A completed criminal records check performed pursuant to rule 4101:16-2-02 of the Administrative Code. The issuance of a license by the administrative section is contingent upon the Ohio construction industry licensing board having determined, in its discretion, whethe...

...d dollars in a contractor liability insurance; (2) Pays the renewal fee as set forth in rule 4101:16-2-09 of the Administrative Code; and (3) Complies with the continuing education requirements as set forth in rule 4101:16-2-08 of the Administrative Code. If the licensee fails to meet the renewal requirements, the license shall automatically be suspended without the taking of any action by t...

...and dollars in contractor liability insurance; (2) Pays the renewal fee as set forth in rule 4101:16-2-09 of the Administrative Code; and (3) Complies with the continuing education requirements as set forth in rule 4101:16-2-08 of the Administrative Code. If the licensee fails to meet the renewal requirements, the license shall automatically be suspended without the taking of any action by t...