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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

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Section 3953.36 | Dissolution or termination of a joint venture title insurance agency.

...ed to join any successor joint ventures formed upon dissolution or termination of the original joint venture, and the percentage of ownership in any successor joint venture shall not be based on the percentage of title insurance business referred to the original joint venture.

Section 3955.05 | Nonapplicability to certain kinds of insurance.

...cial guaranty, residual value, or other forms of insurance offering protection against investment risks; (E) Ocean marine insurance; (F) Any insurance provided by or guaranteed by government, including, but not limited to, any department, board, office, commission, agency, institution, or other instrumentality or entity of any branch of state government, any political subdivision of this state, the United States or...

Section 3955.09 | Plan of operation and amendments.

...d duties of the association shall be performed; (2) Establish procedures for handling assets of the association; (3) Establish the amount and method of reimbursing members of the board of directors under section 3955.07 of the Revised Code; (4) Establish procedures whereby claims may be filed with the association, hearings and appeals may be had, and acceptable forms of proof of claims may be prescribed. Notice of...

Section 3955.15 | Examination and regulation by superintendent - annual financial report.

...ance. The association shall submit in a form approved by the superintendent, not later than the thirtieth day of March of each year, a financial report for the preceding calendar year.

Section 3956.04 | Association coverage and liability.

...t meeting applicable policy or contract form filing or approval requirements; (iii) Misrepresentations of or regarding policy or contract benefits; (iv) Extra-contractual claims; (v) A claim for penalties or consequential or incidental damages. (k) A contractual agreement that establishes the member insurer's obligations to provide a book value accounting guaranty for defined contribution benefit plan partici...

Section 3956.08 | Duties as to impaired or insolvent member insurer.

...tant, and with respect to an individual formerly an insured, annuitant, or enrollee under a group policy or contract who is not eligible for replacement group coverage, make available substitute coverage on an individual basis in accordance with the provisions of division (C)(4) of this section, if such insureds, annuitants, or enrollees had a right under law or the terminated policy or contract to convert coverage ...

Section 3956.14 | Examination and regulation by superintendent - annual financial report.

...'s fiscal year, a financial report in a form approved by the superintendent and a report of its activities during the preceding fiscal year.

Section 3959.01 | Third-party administrator definitions.

...d by any person relative to services performed by an administrator. (B) "Administrator" means any person who adjusts or settles claims on, residents of this state in connection with life, dental, health, prescription drugs, or disability insurance or self-insurance programs. "Administrator" includes a pharmacy benefit manager. "Administrator" does not include any of the following: (1) An insurance agent or soli...

Section 3959.06 | Application for license - filing fee.

...rance an application for a license on a form prescribed by the superintendent. (B) All applications for a license shall be accompanied by a nonrefundable filing fee of two hundred dollars per application made payable to the department of insurance. (C) All fees collected under this section and under section 3959.10 of the Revised Code shall be paid into the state treasury to the credit of the department of insuranc...

Section 3959.10 | License renewal.

...ntendent, provide a renewal notice on a form approved by the superintendent. (B) The renewal application shall require the payment of a renewal fee of three hundred dollars and the payment shall be made prior to the expiration date of the license. Failure to make the renewal payment shall result in the cancellation of the license. (C) In the event of nonpayment of renewal license fees within the time period prescri...

Section 3959.20 | Prohibited acts regarding cost-sharing, pharmacy claims for reimbursement, fees.

...artment of insurance shall create a web form that consumers can use to submit complaints relating to violations of this section.

Section 3960.01 | Risk retention definitions.

...or controlled by either a person who performs that work or a person who hires an independent contractor to perform the work. "Completed operations liability" includes liability for activities that are completed or abandoned before the date of the occurrence giving rise to the liability. (B) "Domicile," for purposes of determining the state in which a purchasing group is domiciled, means: (1) For a corporation, the ...

Section 3960.02 | Requirements for transacting business.

... in this state, shall provide summary information to the national association of insurance commissioners including the name of the risk retention group, the identity of its initial members, the identity of the individuals who organized it or who will provide administrative services or otherwise influence or control its activities, the amount and nature of its initial capitalization, the coverages to be afforded by it...

Section 3960.08 | Restricting purchases of insurance.

...state or a risk retention group shall inform, as provided in division (B)(2) of this section, each of the members of such group that have a risk resident or located in this state that the risk is not protected by an insurance insolvency guaranty association or mechanism in this state, and that the risk retention group or insurer may not be subject to all insurance laws and regulations of this state. (2)(a) Every ap...

Section 3961.04 | Required disclosures in information supplied to public.

...r shall disclose all of the following information in writing in not less than twelve-point type on the first content page of any advertisements, marketing materials, or brochures made available to the public relating to a discount medical plan and with any enrollment forms: (1) A statement that the discount medical plan is not insurance; (2) A statement that the range of discounts for medical services offere...

Section 3964.01 | Definitions.

...otected cell captive insurance company formed or licensed under the provisions of this chapter. (C) "Department" means the department of insurance. (D) "Parent" means a corporation, limited liability company, partnership, other entity, or individual that directly or indirectly owns, controls, or holds, with power to vote, more than fifty per cent of either of the following: (1) Securities of a captive insuran...

Section 3964.03 | Organization.

...th by the president and secretary, in a form prescribed by the superintendent, showing the captive insurance company's financial condition; (3) A statement of the captive insurance company's assets relative to its risks, detailing the amount of assets and their liquidity; (4) An account of the adequacy of the expertise, experience, and character of the person or persons who will manage the captive insurance com...

Section 3964.05 | Capital requirements.

... (C) Capital and surplus may be in the form of any of the following: (1) Cash; (2) Marketable securities, as approved by the superintendent; (3) For a captive insurance company other than a special purpose financial captive insurance company, irrevocable, unconditional, and automatically renewable letters of credit that are issued or confirmed by a qualified United States financial institution. (D) For purp...

Section 3964.06 | Extraordinary distributions.

...ny shall notify the superintendent on a form provided by the superintendent for informational purposes within five business days following its declaration of any dividend or distribution and at least ten calendar days prior to payment of such dividend or distribution. Such a ten-calendar-day period is to begin on the date that the superintendent receives the notice. (C)(1) For the purposes of this section, an e...

Section 3964.07 | Annual reports.

...t, and as supplemented by additional information required by the superintendent. (D) Captive insurance companies shall prepare, at a minimum, internal quarterly financial statements. These statements shall be made available upon request to the superintendent. (E) The superintendent shall adopt by rule the prescribed forms, instructions, and manuals by which captive insurance companies shall make the reports r...

Section 3964.174 | Transactional liability.

...l captive insurance company, they have formed an opinion that includes both of the following: (a) Immediately following the date on which the liability is proposed to be met by the general assets of the protected cell captive insurance company, the protected cell captive insurance company will be able to discharge its liabilities as they fall due. (b) Having regard to the prospects of the protected cell capt...

Section 3965.04 | Notification to superintendent.

...bersecurity event involving nonpublic information in the possession of the licensee has occurred, but in no event later than three business days after that determination, when either of the following criteria has been met: (1) Both of the following apply: (a) This state is the licensee's state of domicile, in the case of an insurer, or this state is the licensee's home state, in the case of an independent insuran...

Section 4101.083 | Duties of board of building standards.

...781.07 of the Revised Code, shall: (1) Formulate rules governing the design, construction, and installation of power, refrigerating, hydraulic, heating, and liquefied petroleum gas, oxygen, and other gaseous piping systems. Such rules shall prescribe uniform minimum standards necessary for the protection of the public health and safety and shall include rules establishing the safe working pressure to be carried by a...

Section 4104.101 | Registration and permits from division of industrial compliance.

...om the division. The permit application form shall provide the name and address of the owner, location of the boiler, and type of repair or modification that will be made. The application permit fee shall be one hundred dollars. (C) The superintendent of industrial compliance shall require annual registration of all contractors who install, make major repairs to, or modify any boiler. The board of building standard...

Section 4104.19 | Operator's license.

...intendent of industrial compliance on a form prescribed by the superintendent with the appropriate application fee as set forth in section 4104.18 of the Revised Code. The application shall contain information satisfactory to the superintendent to demonstrate that the applicant meets the requirements of division (B) of this section. The application shall be filed with the superintendent not more than sixty days and n...