Ohio Revised Code Search

...fter any costs related to the insurer's purchase of reinsurance coverage; (b) The total amount of claims for losses paid by the insurer both before and after any reimbursement from reinsurance coverage; (c) The amount of any losses incurred by the insurer but not reported by the insurer in the current or prior year; (d) The amount of costs incurred by the insurer for state fees and federal and state taxes; (e) Th...

...erson does not have, or have a right to purchase, group health coverage. An individual who is, or who becomes, covered by medicare is not a qualified unemployed person. A person eligible for coverage under this section, who is also eligible for continuation of coverage under section 1751.53 or 3923.38 of the Revised Code, may elect either coverage, but not both. A person who elects continuation of coverage under eith...

...(A)(1) Except as provided in division (B) of this section, no insurer shall deliver or issue for delivery a long-term care insurance policy or certificate in this state without offering the policyholder or certificate holder the option of purchasing a nonforfeiture benefit. (2) An insurer's offer of a nonforfeiture benefit pursuant to this section may be in the form of a rider that is attached to the policy. ...

...or providers; (4) Alternatives to the purchase of private long-term care insurance; (5) The effect of inflation on benefits and the importance of inflation protection; (6) Consumer suitability standards and guidelines; (7) Any other topics required by the superintendent. (C) The initial training and continuing education required by division (A) of this section shall not include training that is specific to ...

...this type in such market, the option to purchase any other individual health insurance coverage currently being offered by the insurer for individuals in that market; (c) In exercising the option to discontinue coverage of this type and in offering the option of coverage under division (D)(1)(b) of this section, acts uniformly without regard to any health status-related factor of covered individuals or of individua...

...y affect the employer's or individual's purchase of policies, plans, and contracts of health coverage. The superintendent shall make the brochure available, upon request, to consumers, insurers, and other third-party payers. The superintendent may adopt rules in accordance with Chapter 119. of the Revised Code to implement this section.

...en made within three years prior to the purchase thereof by such insurance company.

...g or operating in this state seeking to purchase medical liability insurance being offered by the medical liability underwriting association, on or after the effective date of the medical liability underwriting association's plan of operation, may apply to the medical liability underwriting association for medical liability insurance. The application may be made on behalf of an applicant by a broker or agent authoriz...

... Any rating bureau may subscribe for or purchase actuarial, technical, or other services, and such services shall be available to all members and subscribers without discrimination.

...egating of the limits of such coverages purchased by the same person or two or more family members of the same household. (G) Any policy of insurance that includes uninsured motorist coverage, underinsured motorist coverage, or both uninsured and underinsured motorist coverages and that provides a limit of coverage for payment of damages for bodily injury, including death, sustained by any one person in any one aut...

...olicy required by this section shall be purchased from either of the following: (1) A domestic, foreign, or alien insurance company organized or admitted under Title XXXIX of the Revised Code to issue such a policy; (2) An insurer not holding a license in this state if both of the following criteria are met: (a) The insurer is an eligible surplus lines insurance company and the policy is obtained through a person ...

...ed settlement annuity" means an annuity purchased in order to fund periodic payments for a plaintiff or other claimant in payment for or with respect to personal injury suffered by the plaintiff or other claimant. (N) "Subaccount" means any of the three subaccounts created under division (A) of section 3956.06 of the Revised Code. (O) "Supplemental contract" means any agreement entered into for the distribution o...

...(A) The superintendent of insurance may exercise any powers to enforce the insurance laws of this state applicable to risk retention groups and purchasing groups, except those that are specifically preempted by the federal "Product Liability Risk Retention Act of 1981," 95 Stat. 949, 15 U.S.C.A. 3901, as amended by the federal "Risk Retention Amendments of 1986," 100 Stat. 3170, 15 U.S.C.A. 3901, as amended. (B) The...

...s. (B) A captive insurance company may purchase reinsurance coverage for any risk that a captive insurance company is permitted to write directly. (C)(1) A captive insurance company shall not issue, offer, or present insurance policies or certificates, evidence of coverage, or any other similar documentation, to any person other than its parent or affiliated companies. (2) A captive insurance company shall no...

... to a third-party reinsurer through the purchase of reinsurance or retrocession protection if approved by the superintendent. (2) A special purpose financial captive insurance company may enter into contracts and conduct other commercial activities related or incidental to and necessary to fulfill the purposes of special purpose financial captive insurance company contracts, insurance securitization, and this secti...

...As used in this chapter: (A) "Assuming insurer" has the same meaning as in section 3901.61 of the Revised Code. (B) "Authorized individual" means an individual authorized by the licensee to access nonpublic information held by the licensee and its information systems. (C) "Ceding insurer" has the same meaning as in section 3901.61 of the Revised Code. (D) "Consumer" means an individual who is a resident of th...

...cepted a premium note in payment of the purchase price of a policy of insurance, shall sell or assign such note prior to the delivery and acceptance of such policy.

...incur debt and defer its payment, or to purchase property or services and defer payment for the property or services. (2) "Creditor" means any person who regularly extends, renews, or continues credit, any person who regularly arranges for the extension, renewal, or continuation of credit, or any assignee of an original creditor who participates in the decision to extend, renew, or continue credit, whether or no...

...lease, rental agreement, or contract of purchase or sale, or to forbid distinctions based on the inability to fulfill the terms and conditions, including financial obligations, of the lease, agreement, or contract.

... purpose of any of the following: (a) Purchase of United States savings bonds or corporate stocks or bonds ; (b) A charitable contribution ; (c) Credit union savings or other regular savings program ; (d) Repayment of a loan or other obligation. (4) "Employer" means an individual, firm, partnership, association, or corporation, but does not include a franchisor with respect to the franchisor's relationship ...

...h such person, firm, or corporation has purchased or acquired in connection with the operation of its business. The doing of each act prohibited by this section constitutes a separate offense.

...on: (1) "Successor employer" means any purchaser, assignee, or transferee of a business that is party to a collective bargaining agreement, if the purchaser, assignee, or transferee conducts or will conduct substantially the same business operation or offer the same service, and uses the same physical facilities as the contracting employer. (2) "Public employer" means the state or any political subdivision of the s...

...s abolishes the state committee for the purchase of products and services provided by persons with severe disabilities. Upon abolishment of the committee, sections 125.60 to 125.6012 of the Revised Code shall govern the procurement of products and services provided by persons with work-limiting disabilities from qualified nonprofit agencies.

... with Chapter 125. of the Revised Code, purchase supplies, materials, equipment, and services. (9) Prepare and submit to the board an annual budget for internal operating purposes for the board's approval. The administrator also shall, separately from the budget the industrial commission submits, prepare and submit to the director of budget and management a budget for each biennium. The budgets submitted to the boa...

...r shall make no investments through or purchases from, or otherwise do any business with, any individual who is, or any partnership, association, or corporation that is owned or controlled by, a person who within the preceding three years was employed by the bureau, a board member of, or an officer of the board, or a person who within the preceding three years was employed by or was an officer holding a fiducia...