Effective: August 8, 1991 Latest Legislation: Senate Bill 137 – 119th General Assembly (A) A domestic, foreign, or alien mutual or stock insurance company, other than a life insurance company, organized or admitted under Title XXXIX of the Revised Code or created by a special act or acts of the general assembly, or an attorney […]
Effective: January 31, 1992 Latest Legislation: House Bill 490 – 119th General Assembly (A)(1) As a condition of the issuance of a certificate of authority to transact in this state any of the kinds of insurance set forth in divisions (A)(1) to (4), (6), (7), (10) to (13), (16), (17), (18), and (21) to (24) […]
Effective: August 8, 1991 Latest Legislation: Senate Bill 137 – 119th General Assembly (A) Each insurance company authorized to transact business in this state, except any life insurance company, shall maintain reserves in at least all of the following amounts: (1) An amount that equals the unearned portions of the gross premiums charged on unexpired […]
Effective: August 8, 1991 Latest Legislation: Senate Bill 137 – 119th General Assembly (A) No insurer authorized to engage in the business of property and casualty insurance in this state under Chapter 3925., 3929., or 3941. of the Revised Code, and no reinsurer authorized to do business in this state, shall incur on any single […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly An employee who recovers against his employer for injuries sustained while in the employ of his employer, and sustained because of the negligence of the employer or negligence for which said employer is liable, is subrogated to all the rights of the […]
Effective: January 1, 2021 Latest Legislation: House Bill 339 – 133rd General Assembly In case of the death of any employee by reason of the wrongful or negligent acts of the employee’s employer, or negligence or wrongful acts for which said employer is liable, the personal representative of the deceased employee has all the rights […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Whenever a loss or damage occurs on account of a casualty covered by a contract of insurance made between an insurance company and any person, firm, or corporation, by which contract such person, firm, or corporation is insured against loss or damage […]
Effective: September 24, 1999 Latest Legislation: House Bill 58 – 123rd General Assembly (A)(1) If a court in a civil action enters a final judgment that awards damages to a plaintiff for injury, death, or loss to the person or property of the plaintiff or another person for whom the plaintiff is a legal representative […]
Effective: August 8, 1991 Latest Legislation: Senate Bill 137 – 119th General Assembly An insurance company that is required by division (B) of section 3929.01 or section 3953.06 of the Revised Code to deposit fifty thousand dollars of bonds with the superintendent of insurance may, in lieu of that deposit, make a deposit of one […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly When any insurance company organized under the laws of this state is required by the retaliatory or other laws of any other state or district to make a deposit with the superintendent of insurance of this state, for the benefit of its […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Any deposit under sections 3929.07 and 3929.08 of the Revised Code shall be made and maintained in securities worth the amount of the required deposit; such securities may be exchanged from time to time for other securities of the prescribed character and […]
Effective: March 6, 1986 Latest Legislation: House Bill 33 – 116th General Assembly No company organized under the laws of this state to transact the business of guaranteeing the fidelity of persons holding places of public or private trust, who are required to, or in their trust capacity do, receive, hold, control, or disburse public […]
Effective: July 30, 1984 Latest Legislation: House Bill 250 – 115th General Assembly No guaranty company mentioned in section 3929.10 of the Revised Code organized under the laws of another state, territory, district, or country shall be licensed to transact such business in this state unless at least two hundred thousand dollars of its assets […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly A company which executes a bond as surety under sections 3929.10 and 3929.11 of the Revised Code shall, in any proceeding to enforce the liability which it has assumed to incur, be estopped to deny its corporate power to execute such instrument […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly When a bond, recognizance, or undertaking is required or permitted by law, with one or more sureties, its execution or the guaranteeing thereof, as sole surety, is sufficient if done by a company authorized to guarantee the fidelity of persons holding places […]
Effective: August 8, 1991 Latest Legislation: Senate Bill 137 – 119th General Assembly (A) Any domestic or foreign insurance company that is authorized to transact surety business pursuant to division (A)(19) or (20) of section 3929.01 of the Revised Code, may, in any year, become surety in an amount not to exceed two hundred dollars […]
Effective: July 17, 1963 Latest Legislation: Senate Bill 36 – 105th General Assembly A judge, court, or officer, whose duty it is to pass upon the account of an assignee, trustee, receiver, guardian, executor, administrator, or other fiduciary, required by law to give bond, whenever such fiduciary has given bond with a surety company as […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Sections 3929.14 and 3929.15 of the Revised Code authorize such a guaranty company as is described therein to become surety upon the bond required by law of any state officer, except the superintendent of insurance, and of any county, township, or municipal […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly The premium of any licensed surety company on the bond of any public officer, deputy, or employee shall be allowed and paid by the state, county, township, municipal corporation, or other subdivision, or board of education, of which such person giving the […]
Effective: January 30, 2014 Latest Legislation: House Bill 72 – 130th General Assembly Any building insured by a mutual company must be pledged to such company, together with the right and title of the insured in the land upon which it is situated, to the amount of the premium note or contingent liability, and the […]
