Unless exempted by section 3901.376 of the Revised Code, an insurer, or the insurance group of which the insurer is a member, shall regularly conduct an own risk and solvency assessment consistent with a process comparable to the own risk and solvency assessment guidance manual. The own risk and solvency assessment shall be conducted not less than annually, but also at any time when there are significant changes to the risk profile of the insurer or the insurance group of which the insurer is a member.
Added by 130th General Assembly File No. TBD, SB 140, §1, eff. 9/4/2014.Section: Previous 3901.35 3901.351 3901.36 3901.37 3901.371 3901.372 3901.373 3901.374 3901.375 3901.376 3901.377 3901.378 3901.38 3901.381 3901.382 Next
Last modified: October 10, 2016