Ohio Revised Code Search

... powers of attorney or applications for contracts of indemnity for any reciprocal exchange, insurance exchange or attorney in fact as provided for in Chapter 3931. of the Revised Code, except a traveling full time salaried non-commission employee of an attorney whose duties as such employee are primarily the performance of inspection underwriting, loss prevention engineering and claim services shall be exempt from th...

...o exchange reciprocal or interinsurance contracts under sections 3931.01 to 3931.12, inclusive, of the Revised Code.

... not abridge or restrict the freedom of contract of insurers, agents, or brokers with reference to the amount of commissions or fees to be paid to such agents or brokers by insurers, and such payments are expressly authorized. Two or more insurers, not members of or subscribers to a rating organization, may act in concert in the making or use of rates when executing fidelity or surety bonds through cosurety or reins...

... (J) No insurer shall make or issue a contract or policy except in accordance with filings which are in effect for said insurer as provided in sections 3937.01 to 3937.17 of the Revised Code or in accordance with division (E), (F), (G), or (H) of this section.

...or contemplated the risk in writing the contract; (5) Loss of applicable reinsurance or a substantial decrease in applicable reinsurance, if the superintendent has determined that reasonable efforts have been made to prevent the loss of, or substantial decrease in, the applicable reinsurance, or to obtain replacement coverage; (6) Failure of an insured to correct material violations of safety codes or to comply wit...

...or contemplated the risk in writing the contract; (5) Loss of applicable reinsurance or a substantial decrease in applicable reinsurance, if the superintendent of insurance has determined that reasonable efforts have been made to prevent the loss of, or substantial decrease in, the applicable reinsurance, or to obtain replacement coverage; (6) Failure of an insured to correct material violations of safety codes or ...

...ludes private ambulance companies under contract to a municipal corporation, township, or county. (2) "Emergency vehicle" means any of the following: (a) Any vehicle, as defined in section 4511.01 of the Revised Code, that is an emergency vehicle of a municipal, township, or county department or public utility corporation and that is identified as such as required by law, the director of public safety, or local a...

...of the Revised Code. The inclusion of a contract number or policy description in a certificate of insurance is not proof of such a guarantee.

...evised Code, and the enforcement of any contract entered into by such persons in which the parties agree to be assessed specifically for incidental purposes and for the payment of losses which occur to its members; (D) The kinds of property proposed to be insured and the casualties specified in section 3939.01 of the Revised Code which are proposed to be insured against. Such certificate may be amended to change th...

...of, without any exchange of policies or contracts. After such change in the plan of insurance by such association and the organization of such mutual fire insurance company, policies thereafter issued shall be in the name and by the authority of the newly organized company, and the policies previously in force, and the bylaws, rules, and regulations of such association, if not in conflict with the laws governing mut...

...urers in this state; (B) The amount of contracts or policies of insurance of the association that are written and in force; (C) Any other measure of financial capacity of the association that the superintendent considers appropriate.

... company in accordance with law and his contract, on account of losses and expenses incurred while he was a member, if he is notified of such assessment within one year after the expiration or cancellation of his policy. When an assessment is ordered, the directors shall forthwith cause written notice and demand for payment to be made upon each person subject thereto, by mail or personal service.

...cle, if the insurer chooses to do so by contract or endorsement. (D) In a claims coverage investigation, a transportation network company and any insurer providing automobile insurance pursuant to section 3942.02 of the Revised Code shall cooperate to facilitate the exchange of relevant information with directly interested parties and any personal insurer of the transportation network company driver, if applicable. ...

...ices that may violate the terms of your contract with the lienholder."

..., investigation, and in securing of any contract for the adjustment of a loss. (D) "Superintendent" means the superintendent of insurance acting as director of the department of insurance. (E) Nothing contained in Chapter 3951. of the Revised Code shall apply to the following: (1) An attorney at law admitted to practice in this state who adjusts insurance losses in the course of the practice of the attorney's p...

...5) Negotiate and become a party to such contracts as are necessary to carry out the purposes of sections 3955.01 to 3955.20 of the Revised Code; (6) Perform such other acts as are necessary or proper to effectuate the purposes of sections 3955.01 to 3955.19 of the Revised Code; (7) Refund to the member insurers in proportion to the contribution of each member insurer to that account that amount by which the assets ...

...baccount that also includes all annuity contracts meeting the requirements of section 403(b) of the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 1, as amended. (2) The health account. (B) The association is subject to the supervision of the superintendent of insurance and to the applicable insurance laws of this state.

...viders with which the organization has contracted directly or indirectly through a provider network. The organization's internet web site address shall be prominently displayed on all of the organization's advertisements, marketing materials, brochures, and discount medical plan cards. (E) When a discount medical plan organization or marketer sells a discount medical plan together with any other product, the o...

...f providers with which the organization contracted, lists of members, provider agreements described in section 3961.02 of the Revised Code, agreements between a marketer and discount medical plan organization described in section 3961.03 of the Revised Code, or other information; (2) Take statements under oath to determine whether a discount medical plan organization has violated or is violating sections 3961.01 to ...

... insurance company. (C) No participant contract shall take effect without the superintendent's prior written approval. (D) The addition of a new protected cell, or the withdrawal or other transfer of any participant from any existing protected cell, shall constitute a change in the strategic business plan of that protected cell captive insurance company, requiring the superintendent's prior written approval. ...

... the obligations under the reinsurance contract with the reinsuring special purpose financial captive insurance company. (B) Such funds shall be held in compliance with the requirements of section 3901.63 of the Revised Code. (C) An Ohio domiciled counterparty in recording its investment in a special purpose financial captive insurance company domiciled in this state, shall value the investment using the sp...

...erson other than a licensee that: (1) Contracts with a licensee to maintain, process, or store nonpublic information through its provision of services to the licensee; (2) Otherwise is permitted access to nonpublic information through its provision of services to the licensee.

...iction, and that does not have a direct contractual relationship with the affected consumers, both of the following apply: (a) The assuming insurer shall notify its affected ceding insurers and the insurance commissioner of its state or jurisdiction of domicile within three business days of making the determination that a cybersecurity event has occurred. (b) The ceding insurers that have a direct contractual rel...

...accrue thereon, or a paid employment or contract for services of any kind, or any valuable consideration or inducement not specified in the policy of insurance, or give, sell, or purchase, or offer to give, sell, or purchase, as an inducement for insurance, any stocks, bonds, or securities of an insurance company or other corporation, association, or partnership, or any dividends or profits to accrue thereon, or anyt...

... business of insurance or entering into contracts substantially amounting to insurance under section 3905.42 of the Revised Code. (2) "Impaired" or "impairment" means a financial situation in which the insurer's assets are less than the sum of the insurer's minimum required capital, minimum required surplus, and all liabilities, as determined in accordance with the requirements for the preparation and filing of the ...