Ohio Administrative Code Search

...is rule shall not apply to assumption reinsurance, yearly renewable term reinsurance or certain nonproportional reinsurance such as stop loss or catastrophe reinsurance. (B) Purpose The purpose of this rule is to facilitate the department's surveillance of the financial condition of insurers by establishing accounting requirements for insurers to reduce any liability or establish any asset in any financial statemen...

...ides authority to the superintendent of insurance to review the financial affairs of all insurance companies. The purpose of this rule is to define the term "work papers" as employed in section 3901.48 of the Revised Code as it relates to the surveillance and examination of insurers pursuant to section 3901.07 of the Revised Code. (B) Authority This rule is promulgated pursuant to the authority vested in the superi...

...tic insurers, domestic reinsurers and reinsurance intermediaries. This rule also establishes standards for business assumed by domestic reinsurers through reinsurance intermediaries as reported in their annual statement. The rule also sets out the information reinsurers and reinsurance intermediaries must maintain for the purpose of examination under section 3901.07 of the Revised Code as "documents of ... other per...

...rule is issued by the superintendent of insurance pursuant to section 3901.041 and 3905.79 of the Revised Code. (B) Purpose Section 3905.72 of the Revised Code sets out the requirements for licensing of managing general agents. The purpose of this rule is to establish the procedures to be used in the licensing of managing general agents. (C) Application (1) Every person who seeks a license as a managing general a...

...rds for all individual and group health insurance coverages, including single premium credit disability insurance, as required by division (Q) of section 3903.723 of the Revised Code. All other credit insurance is not subject to this rule. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 and division (Q) of section 3903.723 of the Revised Code. (C...

...rds for all individual and group health insurance coverages, including single premium credit disability insurance. All other credit insurance is not subject to this rule. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under section 3901.041 and division (Q) of section 3903.723 of the Revised Code. (C) Scope (1) These standards establish a minimum reserve standard for...

...01.65 of the Revised Code, credit for reinsurance ceded. The information and procedures set out in this rule are necessary for the protection of ceding insurers domiciled in this state. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041 and 3901.65 of the Revised Code. (C) Credit for reinsurance when reinsurer licensed in this state Pursuant to di...

...une 1982 by the national association of insurance commissioners (NAIC). (See appendix A to this rule). (2) The "1983 GAM table" means the mortality table developed by the society of actuaries committee on annuities and adopted as a recognized mortality table for annuities in December 1983 by the NAIC. (See appendix B to this rule). (3) The "1994 GAR table" means the mortality table developed by the society of actua...

...bed by the "National Association of Insurance Commissioners" for the preparation and filing of statutory financial statements and other financial information. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041, 3901.07, 3901.77, 1739.09 and 1751.47 of the Revised Code. (C) Definition For purposes of this rule, "Insurer" means p...

...bed by the "National Association of Insurance Commissioners" for the preparation and filing of statutory financial statements and other financial information. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041, 3901.77, 1739.09 and 1751.47 of the Revised Code. (C) Definition For purposes of this rule, "Insurer" means property a...

... board of directors of an insurer or an insurance group. (2) "CGAD" means a corporate governance annual disclosure. (3) "Insurance Group" has the same meaning as defined in division (B)(2) of section 3901.072 of the Revised Code. (4) "Insurer" has the same meaning as defined in division (B)(3) of section 3901.072 of the Revised Code. (5) "NAIC" means the national association of insurance commissioners. (6) "SEC"...

... board of directors of an insurer or an insurance group. (2) "CGAD" means a corporate governance annual disclosure. (3) "Insurance Group" has the same meaning as defined in division (B)(2) of section 3901.072 of the Revised Code. (4) "Insurer" has the same meaning as defined in division (B)(3) of section 3901.072 of the Revised Code. (5) "NAIC" means the national association of insurance c...

...mote the availability of long-term care insurance coverage, to protect applicants for long-term care insurance, as defined, from unfair or deceptive sales or enrollment practices, to facilitate public understanding and comparison of long-term care insurance coverages, and to facilitate flexibility and innovation in the development of long-term care insurance. (B) Authority This regulation is promulgated pursuant to...

...mote the availability of long-term care insurance coverage, to protect applicants for long-term care insurance, as defined, from unfair or deceptive sales or enrollment practices, to facilitate public understanding and comparison of long-term care insurance coverages, and to facilitate flexibility and innovation in the development of long-term care insurance. (B) Authority This regulation is promulgated pursuant to...

...ty This rule applies to long-term care insurance that is intended to qualify under the state's long-term care partnership program. (D) Definitions For purposes of this rule, the definitions set forth in section 3923.41 of the Revised Code and in rule 3901-4-01 of the Administrative Code shall have the same meaning as if such definitions were fully set forth herein. The term "policy" shall also ...

...ty This rule applies to long-term care insurance that is intended to qualify under the state's long-term care partnership program. (D) Definitions For purposes of this rule, the definitions set forth in section 3923.41 of the Revised Code and in rule 3901-4-01 of the Administrative Code shall have the same meaning as if such definitions were fully set forth herein. The term "policy" shall also ...

...ty This rule applies to long-term care insurance that is intended to qualify under the state's long-term care partnership program. (D) Definitions For purposes of this rule, the definitions set forth in section 3923.41 of the Revised Code and in rule 3901-4-01 of the Administrative Code have the same meaning as if such definitions were fully set forth herein. The term "policy" also includes a c...

... and training concerning long term care insurance under section 3923.443 of the Revised Code. (B) Authority This rule is promulgated pursuant to the authority stated in sections 3901.041, 3923.44, and 3923.47 of the Revised Code. (C) Pursuant to section 3923.443 of the Revised Code, an insurer is required to obtain and maintain records that the initial training and continuing education of its agents concerning lon...

...education concerning long-term care insurance under section 3923.443 of the Revised Code. (B) Authority This rule is promulgated pursuant to the authority stated in sections 3901.041, 3923.44, and 3923.47 of the Revised Code. (C) Pursuant to section 3923.443 of the Revised Code, an insurer is required to obtain and maintain records that its agents have completed the initial training and continu...

...uirements, standards and procedures for insurance agents. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041, 3901.20, 3905.16, 3905.486, and 3905.95 of the Revised Code. (C) License renewal period and CE transcripts (1) The license renewal period shall be set forth in rule 3901-5-09 of the Administrative Code. (2) On-goin...

...irements, standards, and procedures for insurance agents. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041, 3901.21, 3901.212, 3901.12, 3905.16, 3905.26, 3905.28, 3905.486, and 3905.95 of the Revised Code. (C) License renewal period and CE transcripts (1) The license renewal period is set forth in rule 3901-5-09 of the Ad...

...dure employed by the Ohio department of insurance in reviewing the application of entities described in divisions (C)(1) to (C)(5) of section 3905.484 of the Revised Code to be a provider of insurance continuing education courses. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041, 3905.481, 3905.484 and 3905.486 of the Revised C...

...o establish the procedure to review insurance continuing education provider applications. (B) Authority This rule is promulgated pursuant to the authority vested in the superintendent under sections 3901.041, 3905.26, 3905.28, and 3905.486 of the Revised Code. (C) Definitions (1) "Authorized Provider Official" is the person designated by a provider as the individual responsible for the con...

...lassroom presentation of information on insurance and/or risk management topics, delivered in person, in print or electronically, which may be interactive or not, with successful completion measured by either attendance (classroom), distance learning, or by examination (self-study). (4) "Course Completion Roster" means a listing of course completions, provided in a format determined by the su...

...tudy presentation of information on insurance or risk management topics, delivered in person, in print or electronically, which may be interactive or not, with successful completion measured by either attendance (classroom), interaction (distance learning), or by examination/knowledge assessments (self-study). (4) "Course Completion Roster" means a listing of course completions, provided in a ...