Ohio Revised Code Search
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Section 3905.32 | License fees.
...For each initial license issued under section 3905.30 of the Revised Code and renewal of that license, the superintendent of insurance shall collect one hundred dollars. |
Section 3905.33 | Unauthorized insurers; applicability and construction of federal provisions; due diligence.
...ed to any benefits or proceeds from the Ohio insurance guaranty association. The statement must be on a form prescribed by the superintendent and need not be notarized. The agent shall submit the original signed statement to the surplus lines broker within thirty days after the effective date of the policy. If no other agent is involved, the surplus lines broker shall obtain the statement from the insured. The surpl... |
Section 3905.331 | Exempt commercial purchasers; qualifications; qualified risk managers.
...son is a not-for-profit organization or public entity generating annual budgeted expenditures of at least thirty million dollars, as adjusted pursuant to division (B) of this section. (e) The person is a municipal corporation with a population in excess of fifty thousand persons. (B) Effective on January 1, 2015, and every five years thereafter, the superintendent of insurance shall adjust the dollar amounts ... |
Section 3905.332 | Designation as domestic surplus lines insurer.
...hey subject to the protection of either Ohio insurance guaranty association account established pursuant to section 3955.06 of the Revised Code. (I) Surplus lines insurance policies issued in this state by a domestic surplus lines insurer are not subject to and are exempt, in the same manner and to the same extent as surplus lines insurance policies issued by an insurer domiciled in another state, from all statutor... |
Section 3905.34 | Separate accounts.
...of March or when required under the compact entered into by the superintendent of insurance as authorized by division (D) of section 3905.33 of the Revised Code, each surplus lines broker shall file details of the business done during the preceding calendar year in the format prescribed by the superintendent. |
Section 3905.35 | Bond.
...an insurance company authorized to transact surety business in this state, be on a form prescribed by the superintendent, and be deposited with the superintendent and kept in the superintendent's office. |
Section 3905.36 | Taxing firms dealing with unauthorized foreign insurers; waiver of penalty and interest charges; surplus lines brokers.
...adopted a charter under Article XVIII, Ohio Constitution. |
Section 3905.37 | Prohibited acts.
...No person, company, association, or corporation shall fail to make the report required in section 3905.36 of the Revised Code and to furnish all the information that is required to determine the amount due under that section. |
Section 3905.38 | Exemptions.
...r casualty, by exchange of private contracts for protection only and not for profit, nor apply to life or accident and sickness insurance. Sections 3905.30 through 3905.37 of the Revised Code do not apply to ocean marine insurance when placed by licensed agents of this state. |
Section 3905.39 | Continuation of certificates and licenses.
...Unless revoked by the superintendent of insurance or unless cancelled by him on written notice from the company, or the "attorney" designated under section 3931.01 of the Revised Code, all certificates of authority and licenses of companies, or such "attorneys" organized or admitted to do business under the laws relating to insurance companies, may, in the discretion of the superintendent, and at the request of the c... |
Section 3905.40 | Fees paid to superintendent of insurance.
...ors engaged in portable electronic transactions at more than ten locations in this state, an application fee not to exceed five thousand dollars for an initial license and a biennial license renewal fee not to exceed two thousand five hundred dollars for each renewal thereafter; (2) For vendors engaged in portable electronic transactions at ten or fewer locations in this state, an application fee not to exceed three... |
Section 3905.401 | Valuation fee not applicable to reinsurance ceded to affiliated companies.
...The valuation fee specified in division (B) of section 3905.40 of the Revised Code does not apply to reinsurance ceded to affiliated domestic companies. |
Section 3905.41 | Accounts for fees.
...cy of the company is located. After the publication of the notice, no agent of the company shall procure applications for insurance or issue policies. In the event of the failure of any agent within the time fixed to pay the amount of fees charged against the agent's account in accordance with the monthly statement rendered by the superintendent, the agent's license may be revoked in the manner provided by sec... |
Section 3905.42 | Insurance business must be authorized.
...e fidelity of persons holding places of public or private trust, who are required to, or in their trust capacity do, receive, hold, control, or disburse public or private property, or transacting the business of guaranteeing the performance of contracts other than insurance policies, or of executing or guaranteeing bonds or undertakings required or permitted in actions or proceedings, or allowed by law, unless it is ... |
Section 3905.421 | Vehicle protection product warranty.
... state, contained in Title XXXIX of the Ohio Revised Code." (b) "This warranty may not include all of the benefits or protections of an insurance policy that includes theft coverage issued by an insurer authorized to do business in Ohio." (3) The warranty identifies the warrantor, the warranty holder, and the terms of the sale of the vehicle protection product. (4) The warranty conspicuously states that the obliga... |
Section 3905.422 | Homes service contract are consumer transactions.
...n this section: (1) "Home service contract" means a contract, however described or denominated by the issuer of the contract, whereby, for a predetermined fee, a person undertakes to repair or replace all or any part of any structural component, appliance, or system of a home necessitated by wear and tear, deterioration, or inherent defect that occurs on or after the effective date of the home service contract. (2)... |
Section 3905.423 | Consumer goods contracts to be covered by reimbursement insurance.
...ferred to a consumer in a consumer transaction. (3) "Consumer goods service contract" means a contract or agreement to perform or pay for repairs, replacement, or maintenance of consumer goods due to a defect in materials or workmanship, normal wear and tear, power surges, or accidental damage from handling, that is effective for a specified duration and paid for by means other than the purchase of the consumer good... |
Section 3905.424 | Waiver of customer obligation not insurance matter.
...ent" may include the customer's call to active military service, involuntary unemployment, death, disability, hospitalization, marriage, divorce, evacuation, displacement due to a natural disaster or other cause, qualification for family leave, or similar occurrence. (B) A waiver of customer obligation is not insurance and the laws of this state relating to insurance shall not govern the sale or issuance of such a w... |
Section 3905.426 | Requirements for ancillary product protection contracts.
...r wear and tear to a tire or wheel on a public or private roadway, roadside, driveway, or parking lot or garage, including potholes, nails, glass, road debris, and curbs. "Road hazard" does not include fire, theft, vandalism or malicious mischief, or other perils normally covered by automobile physical damage insurance. (7) "Reimbursement insurance policy" means a policy of insurance issued by an insurer authorized ... |
Section 3905.43 | Advertising limitations.
... or distribute or receive and print for publication or distribution any advertising matter in which insurance business is solicited, unless such advertiser has complied with the laws of this state regulating the business of insurance. |
Section 3905.44 | Limitation upon domestic companies.
...enance or servicing of policies or contracts of insurance or annuity which have been lawfully written. |
Section 3905.45 | Payment of funeral or burial expenses policy.
...sured, or other evidence of death satisfactory to the insurer, and a certificate of completion. The certificate of completion shall be signed by the provider and shall certify that the provider has delivered all the goods and performed all the services contracted for, by, or on behalf of the insured. (B) A provider of funeral or burial goods or services shall not pledge, assign, transfer, borrow from, or otherwis... |
Section 3905.451 | Funeral or burial goods or services coverage not subject to preneed provisions.
...al goods or services, and the contractual obligation to provide the goods or services, are not subject to section 4717.36 of the Revised Code. |
Section 3905.46 | Application of law.
... violation of its provisions by persons acting for similar companies organized under the laws of any other state of the United States. |
Section 3905.47 | Agent training programs.
...(A)(1) No agent shall sell, solicit, or negotiate insurance through an exchange, or enroll or offer to enroll a person in a health benefit plan offered through an exchange, on or after October 1, 2013, without first completing a training program either required by an exchange or approved by the superintendent of insurance in accordance with division (B) of this section. (2) If an exchange does not require the... |