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Rule 3901-2-13 | Information to be contained in proxy statement.

...erials with the superintendent of insurance. (I) Remuneration of directors and officers. (1) Furnish the following information if action is to be taken with regard to: (a) The election of directors; (b) Any bonus, profit sharing or other remuneration plan, contract, or arrangement in which any director, nominee for election as a director, or officer of the issuer will participate; (c) Any pensi...

Rule 3901-2-13 | Information to be contained in proxy statement.

...erials with the superintendent of insurance. (I) Remuneration of directors and officers. (1) Furnish the following information if action is to be taken with regard to: (a) The election of directors; (b) Any bonus, profit sharing or other remuneration plan, contract, or arrangement in which any director, nominee for election as a director, or officer of the issuer will participate; (c) Any pensi...

Rule 3901-3-01 | Requirement for approval of the proposed acquisition of control of or merger with a domestic insurer.

...s regulation are used as defined in the Insurance Holding Company Systems Regulatory Act, sections 3901.32 to 3901.37 of the Revised Code, and rule 3901-3-02 of the Administrative Code. (G) General requirements Applicants must file the information statement in the exact form as set forth in paragraph (H) of this rule. The statement shall contain the numbers and captions of all items. If the answer to any item is in...

Rule 3901-3-01 | Requirement for approval of the proposed acquisition of control of or merger with a domestic insurer.

...s regulation are used as defined in the Insurance Holding Company Systems Regulatory Act, sections 3901.32 to 3901.37 of the Revised Code, and rule 3901-3-02 of the Administrative Code. (G) General requirements Applicants must file the information statement in the exact form as set forth in paragraph (H) of this rule. The statement shall contain the numbers and captions of all items. If the answer to any item is in...

Rule 3901-3-02 | Regulation and registration of insurers under the Insurance Holding Company Regulatory Act.

... the regulation and registration of insurance holding company systems. (C) Definitions (1) "Executive officer" means any individual charged with active management and control, in an executive capacity, including a president, vice president, treasurer, secretary, controller, and any other individual performing for a person, whether incorporated or unincorporated, functions corresponding to those ...

Rule 3901-3-02 | Regulation and registration of insurers under the Insurance Holding Company Regulatory Act.

... the regulation and registration of insurance holding company systems. (C) Definitions (1) "Executive officer" means any individual charged with active management and control, in an executive capacity, including a president, vice president, treasurer, secretary, controller, and any other individual performing for a person, whether incorporated or unincorporated, functions corresponding to those ...

Rule 3901-3-02 | Regulation and registration of insurers under the Insurance Holding Company Regulatory Act.

... the regulation and registration of insurance holding company systems. (C) Definitions (1) "Executive officer" means any individual charged with active management and control, in an executive capacity, including a president, vice president, treasurer, secretary, controller, and any other individual performing for a person, whether incorporated or unincorporated, functions corresponding to those ...

Rule 3901-3-03 | Transactions subject to prior notice - notice filing.

...s regulation are used as defined in the Insurance Holding Company Systems Regulatory Act, sections 3901.32 to 3901.37 of the Revised Code, and rule 3901-3-02 of the Administrative Code. (D) Written notice In giving notice to the superintendent of a proposed transaction pursuant to section 3901.341 of the Revised Code, the insurer shall use the form set forth in this paragraph. Form D Prior notice of a transaction...

Rule 3901-3-03 | Transactions subject to prior notice - notice filing.

...s regulation are used as defined in the Insurance Holding Company Systems Regulatory Act, sections 3901.32 to 3901.37 of the Revised Code, and rule 3901-3-02 of the Administrative Code. (D) Written notice In giving notice to the superintendent of a proposed transaction pursuant to section 3901.341 of the Revised Code, the insurer shall use the form set forth in this paragraph. Form D Prior notice of a transaction...

Rule 3901-3-04 | Hazardous financial condition standards.

...rule is to facilitate the department of insurance's surveillance of the financial condition of insurers by setting out standards which the superintendent may use for identifying insurers whose condition is such as to render the continuance of their business hazardous to their policyholders, creditors, or the general public. This rule shall not be interpreted to limit the powers granted the superintendent by any laws ...

Rule 3901-3-05 | Valuation of investments.

...thority vested in the superintendent of insurance under sections 3901.041, 3901.77, 3907.20 and 1751.47 of the Revised Code. (C) Procedures The "Valuation of Securities Manual", "Purposes and Procedures Manual of the NAIC Securities Valuation Office", and the "Accounting Practices and Procedures Manual" as published by the national association of insurance commissioners (NAIC) have been adopted for use in Ohio by s...

Rule 3901-3-05 | Valuation of investments.

...ity vested in the superintendent of insurance under sections 3901.041, 3901.77, 3907.20 and 1751.47 of the Revised Code. (C) Procedures The "Valuation of Securities Manual", "Purposes and Procedures Manual of the NAIC Securities Valuation Office", and the "Accounting Practices and Procedures Manual" as published by the national association of insurance commissioners (NAIC) have been adopted ...

Rule 3901-3-07 | Credit for life reinsurance agreements.

...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...

Rule 3901-3-08 | Definition of work papers.

...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...

Rule 3901-3-09 | Requirements for domestic insurers employing the services of reinsurance intermediaries.

...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 3901-3-10 | Licensing of managing general agents.

...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...

Rule 3901-3-13 | Health insurance reserves.

...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...

Rule 3901-3-13 | Health insurance reserves.

...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...

Rule 3901-3-16 | Credit for reinsurance.

...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...

Rule 3901-3-17 | New annuity mortality tables for use in determining reserve liabilities for annuities.

...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...

Rule 3901-3-18 | NAIC manuals.

...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...

Rule 3901-3-18 | NAIC manuals.

...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...

Rule 3901-3-19 | Corporate governance annual disclosure.

... 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"...

Rule 3901-3-19 | Corporate governance annual disclosure.

... 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...

Rule 3901-4-01 | Long-term care insurance.

...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...