Ohio Revised Code Chapter 3930 - Commercial Market Assistance Plan; Commercial Insurance Joint Underwriting Association
- Section 3930.01 - Commercial Market Assistance Plan - Commercial Insurance Joint Underwriting Association Definitions.
As used in sections 3930.01 to 3930.18 of the Revised Code or in any rules adopted under such sections: (A) "Ohio commercial insurance joint...
- Section 3930.02 - Commercial Market Assistance Plan - Written Requests For Assistance - Executive Committee - Fiscal Agent.
(A) The Ohio commercial market assistance plan is hereby established to assist in the placement of commercial insurance risks located in this state. The...
- Section 3930.03 - Commercial Insurance Joint Underwriting Association - Board Of Governors - Plan Of Operation.
(A) The Ohio commercial insurance joint underwriting association is hereby created, consisting of all insurers authorized to write and engaged in writing within the...
- Section 3930.04 - Applying For Commercial Insurance Policy.
(A) An applicant shall be considered for the issuance of a policy of commercial insurance offered by the association if the applicant presents to...
- Section 3930.05 - Proportional Participation By Member Insurers.
All insurers that are members of the Ohio commercial insurance joint underwriting association shall participate in its writings, expenses, deficits, and losses in the...
- Section 3930.06 - Stabilization Reserve Fund.
(A) There is hereby created a stabilization reserve fund. The fund, after payment of all expenses allocated to the fund's operation, shall be available...
- Section 3930.07 - Certification Of Insolvency.
(A) Upon a determination by the board of governors that the Ohio commercial insurance joint underwriting association will be unable to pay its incurred...
- Section 3930.08 - Contributing To Financial Requirements Of Association.
In the event that sufficient funds are not available, from mechanisms provided for in sections 3930.04, 3930.06, and 3930.07 of the Revised Code, for...
- Section 3930.09 - Appeals.
Any insurer or other person aggrieved by any action or decision of the Ohio commercial insurance joint underwriting association, or of any insurer as...
- Section 3930.10 - Immunity.
There shall be no liability imposed on the part of and no cause of action of any nature arises against the Ohio commercial insurance...
- Section 3930.11 - Annual Statement.
The Ohio commercial insurance joint underwriting association shall file in the office of the superintendent of insurance, annually on or before the first day...
- Section 3930.12 - Superintendent Or Designee To Examine Association Operation And Experience.
The superintendent of insurance or any person designated by him may at any time visit and examine the operation and experience of the association...
- Section 3930.13 - Examination Of Financial Affairs By Superintendent.
The Ohio commercial insurance joint underwriting association shall be subject to examination by the superintendent of insurance in accordance with section 3901.07 of the...
- Section 3930.14 - Underwriting Association Is Exempt From License Fees And Taxes.
The Ohio commercial insurance joint underwriting association is exempt from all license fees, and income, franchise, premium, and privilege taxes levied or assessed by...
- Section 3930.15 - Cancellation Of Policy.
A commercial insurance policy written by, or on behalf of, the Ohio commercial insurance joint underwriting association under the authority of sections 3930.01 to...
- Section 3930.16 - Program For Decreasing Overall Utilization Of Association As Source Of Insurance.
The board of governors of the Ohio commercial insurance joint underwriting association shall adopt a written program for decreasing the overall utilization of the...
- Section 3930.17 - Rules Governing Cessation Or Reactivation Of Operations.
(A) The superintendent of insurance shall adopt rules pursuant to Chapter 119. of the Revised Code to do all of the following: (1) Establish...
- Section 3930.18 - Association Not Member Insurer Of Insurance Guaranty Association.
The Ohio commercial insurance joint underwriting association shall not be a member insurer of the Ohio insurance guaranty association under Chapter 3955. of the...
Last modified: October 10, 2016