Effective: June 27, 2005 Latest Legislation: Senate Bill 124 – 126th General Assembly Individuals, partnerships, and corporations of this state, designated in sections 3931.01 to 3931.12 of the Revised Code, as “subscribers,” may exchange reciprocal or interinsurance contracts with each other, and with individuals, partnerships, and corporations of other states, districts, provinces, and countries, providing […]
Effective: March 17, 1989 Latest Legislation: House Bill 875 – 117th General Assembly (A)(1) Every reciprocal exchange subject to this chapter may, in its own name, do any of the following for the purposes of the exchange as described in division (A)(2) of this section: (a) Manage real estate; (b) By deed or other instrument, […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Every attorney under section 3931.01 of the Revised Code shall pay to the superintendent of insurance for the use of the state the following fees: (A) For filing declaration, twenty-five dollars; (B) For filing each financial statement required by sections 3931.01 to […]
Effective: January 1, 2021 Latest Legislation: House Bill 339 – 133rd General Assembly The attorney under section 3931.01 of the Revised Code shall file with the superintendent of insurance a declaration, verified by the attorney’s oath, or, when the attorney is a corporation, by the oath of its authorized officers, setting forth: (A) The name […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Action on any contract of indemnity made by an attorney under section 3931.01 of the Revised Code, actions to recover taxes, and all other actions, may be brought against the attorney in the county in which the cause of action arises, or […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Every attorney under section 3931.01 of the Revised Code shall create and maintain a reserve fund equal to fifty per cent of the amount of advance premiums or deposits received and receivable on unexpired contracts of indemnity running one year or less […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Every attorney under section 3931.01 of the Revised Code shall file with the superintendent of insurance, on or before the first day of March of each year, a financial statement for the year ending on the thirty-first day of the preceding December, […]
Effective: March 29, 2007 Latest Legislation: House Bill 699 – 126th General Assembly In the annual statement provided in section 3931.06 of the Revised Code the attorney shall set forth the gross amount of premiums or deposits received during the preceding calendar year on contracts of indemnity covering risks within the state. The attorney shall […]
Effective: August 8, 1991 Latest Legislation: Senate Bill 137 – 119th General Assembly Each attorney designated under section 3931.01 of the Revised Code and each applicant for a license under section 3931.10 of the Revised Code shall be subject to examination by the superintendent of insurance in accordance with section 3901.07 of the Revised Code. […]
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Any corporation may, in addition to the rights, powers, and franchises specified in its articles of incorporation, exchange as subscriber insurance contracts of the kind mentioned in section 3931.01 of the Revised Code. The right to exchange such contracts is incidental to […]
Effective: November 9, 1959 Latest Legislation: Senate Bill 289 – 103rd General Assembly Upon compliance with sections 3931.01 to 3931.12, inclusive, of the Revised Code, the superintendent of insurance shall issue a license to the attorney, authorizing him to make contracts of indemnity mentioned in section 3931.01 of the Revised Code, which license shall specify […]
Effective: September 1, 2002 Latest Legislation: Senate Bill 129 – 124th General Assembly The provisions of Chapter 3905. of the Revised Code, relating to the appointment, licensing, qualification and regulation of insurance agents, brokers, and solicitors shall apply to all persons authorized to solicit powers of attorney or applications for contracts of indemnity for any […]
Effective: August 8, 1991 Latest Legislation: Senate Bill 137 – 119th General Assembly (A) Notwithstanding any other section of the Revised Code with regard to issuing the initial license, or the renewal of such a license, to an attorney pursuant to this chapter after May 21, 1976, the superintendent of insurance may adopt rules in […]
Effective: September 1, 2002 Latest Legislation: Senate Bill 129 – 124th General Assembly Every attorney shall certify to the superintendent of insurance the names and addresses of the attorney’s traveling full time salaried non-commission employees, primarily engaged in performing underwriting, loss prevention engineering and claim services, authorized by the attorney to solicit powers of attorney […]
Effective: August 13, 1969 Latest Legislation: House Bill 248 – 108th General Assembly For the purposes of organization and upon the issuance of a permit by the superintendent of insurance, powers of attorney and applications for contracts of indemnity may be solicited without the license required by section 3931.10 of the Revised Code, but no […]
Effective: March 22, 2001 Latest Legislation: Senate Bill 180 – 123rd General Assembly On receipt of a notice pursuant to section 3123.43 of the Revised Code, the superintendent of insurance shall comply with sections 3123.41 to 3123.50 of the Revised Code and any applicable rules adopted under section 3123.63 of the Revised Code with respect […]
Effective: January 1, 2021 Latest Legislation: House Bill 339 – 133rd General Assembly Whoever violates sections 3931.01 to 3931.12, inclusive, of the Revised Code, or fails to comply with any duty imposed by such sections, for which violation or failure no penalty is otherwise provided by law, shall be fined not more than five hundred […]
