Section 3999.05 | Rebates and Other Inducements From Life Insurance Companies.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No life insurance company doing business in this state, or an officer, agent, solicitor, or representative thereof, shall pay, allow, or give, or offer to pay, allow, or give, directly or indirectly, as an inducement to insurance, a rebate of the premium […]
Section 3999.07 | Sale or Assignment of Premium Note Before Delivery of Policy.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No person, having accepted 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.
Section 3999.08 | Misrepresentations in Soliciting Insurance.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No person for himself or as an officer, director, agent, solicitor, or representative of any insurance company, except fire insurance companies or associations or fraternal benefit societies, doing business in this state, shall issue, circulate, or cause or permit to be issued […]
Section 3999.09 | False or Malicious Statements About Insurance Company.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No company doing business in this state, or any officer, director, clerk, employee, or agent thereof, shall make, orally or otherwise, publish, print, distribute, or circulate, or cause the same to be done, or aid, abet, or encourage the making, printing, publishing, […]
Section 3999.10 | Misrepresentations in Advertisement by Insurance Company.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No insurance company, corporation, or association authorized to transact business in this state, or an agent thereof, by advertisement in a newspaper, magazine, or periodical or by a sign, circular, card, policy of insurance, certificate, or renewal thereof, or otherwise, shall state […]
Section 3999.11 | Advertisement at Variance With Verified Statement.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No insurance company, corporation, or association authorized to transact business in this state shall purport to make known its financial standing by advertisement, public announcement, or by making or issuing a circular or card, which fails to correspond, in all the particulars […]
Section 3965.01 | Definitions.
Effective: March 20, 2019 Latest Legislation: Senate Bill 273 – 132nd General Assembly 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. […]
Section 3965.02 | Information Security Program.
Effective: March 20, 2019 Latest Legislation: Senate Bill 273 – 132nd General Assembly (A) Each licensee shall develop, implement, and maintain a comprehensive written information security program based on the licensee’s risk assessment. The program shall be commensurate with the size and complexity of the licensee, the nature and scope of the licensee’s activities including […]
Section 3965.03 | Investigation of Events.
Effective: March 20, 2019 Latest Legislation: Senate Bill 273 – 132nd General Assembly (A) If a licensee learns that a cybersecurity event has or may have occurred, the licensee or an outside vendor or service provider designated to act on behalf of the licensee shall conduct a prompt investigation. (B) During the investigation, the licensee […]
Section 3965.04 | Notification to Superintendent.
Effective: March 20, 2019 Latest Legislation: Senate Bill 273 – 132nd General Assembly (A) Each licensee shall notify the superintendent of insurance as promptly as possible after a determination that a cybersecurity event involving nonpublic information in the possession of the licensee has occurred, but in no event later than three business days after that […]