Section 4509.70 | Plan for apportionment of applicants for insurance.
After consultation with the insurance companies authorized to issue automobile liability or physical damage policies, or both, in this state, the superintendent of insurance shall approve a reasonable plan, fair and equitable to the insurers and to their policyholders, for the apportionment among such companies of applicants for such policies and for motor-vehicle liability policies who are in good faith entitled to but are unable to procure such policies through ordinary methods. When any such plan has been approved by the superintendent, all such insurance companies shall subscribe and participate. Any applicant for such policy, any person insured under such plan, and any insurance company affected, may appeal to the superintendent of insurance from any ruling or decision of the manager or committee designated to operate such plan. Any order or act of the superintendent under this section is subject to review as provided in sections 119.01 to 119.13, inclusive, of the Revised Code, at the instance of any party in interest.
Available Versions of this Section
- September 14, 1970 – Senate Bill 588 - 108th General Assembly [ View September 14, 1970 Version ]
- October 17, 2019 – Amended by House Bill 166 - 133rd General Assembly [ View October 17, 2019 Version ]
- January 1, 2021 – Amended by House Bill 339 - 133rd General Assembly [ View January 1, 2021 Version ]
- April 7, 2023 – Amended by House Bill 45 - 134th General Assembly [ View April 7, 2023 Version ]
- October 24, 2024 – Amended by Senate Bill 175 - 135th General Assembly [ View October 24, 2024 Version ]