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Regulatory Reform Rules Notification

The Common Sense Initiative (CSI) review's Ohio's regulatory system to eliminate excessive and duplicative rules that stand in the way of job creation and the regulatory mission of the Ohio Department of Insurance is a good place to start.

In Ohio, our vision is to have a robust, competitive and stable insurance market. We will continue to look for ways to improve the insurance market in Ohio to provide more choices for consumers and create more jobs for Ohioans.

We are confident that comprehensive regulatory reform will help revive Ohio’s economy and help grow the Ohio insurance market.  

For your convenience, below are links to rules that are new, amended or rescinded by the Ohio Department of Insurance and are currently open for comment. To comment on one of these rules please visit http://business.ohio.gov/reform/ or send an email to ecomment@insurance.ohio.gov. For questions regarding these rules please call 614-644-2640.

  

​Rule
​Proposed
Action
Rule Title​​
Comment Period
End Date
Business
Impact
Analysis​
3901-3-05 No Change Valuation of investments.​

06/28/2019 12:00AM 

BIA Document
3901-3-12 N​o Change​ ​Derivative use plan. 06/28/2019 12:00AM BIA Document
3901-3-18 A​mend​ ​NAIC manuals. ​06/28/2019 12:00AM BIA Document​
3901-11-01 No Change​ Captive insurance company application.​ ​​07/03/2019 12:00AM BIA Document​
3901-11-02 ​No Change Additional capital and surplus required.​ ​​​07/03/2019 12:00AM BIA Document
​3901-11-03 ​Amend Auditor appointment, audited financial statements, actuarial opinion, and annual statements.​ ​​​07/03/2019 12:00AM BIA Document
​3901-11-04 ​No Change Notification of materially misstated financial condition.​ ​​​07/03/2019 12:00AM BIA Document
​3901-11-05 ​No Change Special purpose financial captive alternative reserve methodologies.​ ​​​07/03/2019 12:00AM BIA Document
​3901-11-06 ​No Change ​Capital and surplus requirements for life insurance companies ceding to special purpose financial captive insurance company and for special purpose financial captive insurance companies. ​​​07/03/2019 12:00AM BIA Document
  

 

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Ohio Department of Insurance
50 W. Town Street, Third Floor - Suite 300
Columbus, Ohio  43215
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Mike DeWine, Governor | Jillian Froment, Director
General Info: 614-644-2658 | Consumer Hotline: 800-686-1526
Fraud Hotline: 800-686-1527 | Medicare Hotline: 800-686-1578
Policy & Legislation