Section 3965.11 | Administration.
Effective: March 20, 2019 Latest Legislation: Senate Bill 273 – 132nd General Assembly The superintendent of insurance shall consider the nature, scale, and complexity of licensees in administering this chapter and adopting rules pursuant to this chapter.
Section 3999.02 | False Statement by Medical Examiner of Insurance Company.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No medical examiner for a life insurance company or for an applicant for insurance therein shall knowingly make a false statement or report to such company or to an officer thereof concerning the health or physical condition of an applicant for insurance, […]
Section 3999.03 | Life Insurance – Official or Agent Issuing Fraudulent Policies.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No trustee, officer, agent, or employee of a corporation, company, or association organized to transact the business of life or accident or life and accident insurance on the assessment plan shall knowingly insure a person, or permit him to be insured without […]
Section 3999.04 | Changing Life Insurance Policy.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No life insurance company doing business in this state, or an agent thereof, shall make a contract of insurance, or an agreement as to such contract, other than is plainly expressed in the policy issued thereon.
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 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 […]