2019 Five-Year Review

September 24, 2019 | Agency

Below are rules scheduled to review as part of the 5-year rule review process. This is not the exclusive listing of rules that the department could potentially seek to change, but are those that fall within the 5-year rule review. The department welcomes comment on the rules listed below. You can submit your comments by emailing ecomment@insurance.ohio.gov. Thank you for taking the time to review and/or comment on these rules.

Important dates for the 2019 5-year rule review rules that were amended:

Public Rule Hearing
- Date: September 30, 2019
- Time: 9:00am
- Location: Ohio Department of Insurance, 50 West Town Street, Suite 300, Room 601, Columbus, Ohio 43215
JCARR Meeting October 28, 2019 (Date subject to change, please go to JCARR site for up to date information)
Final File Date: November 4, 2019
Effective Date: November 14, 2019
Next Review Date: August 29, 2024

RULE	TITLE	PROPOSED CHANGE
3901-1-01	Public notice of publication.	No change
3901-1-05	Insider trading - instructions and forms.	Amend
3901-1-64	Medical liability data collection.	No change
3901-1-65	Medical malpractice annual filing requirements.	No change
3901-2-01	Application of Chapter 3901-2 of the Administrative Code.	Amend
3901-2-02	Definitions.	No change
3901-2-03	Solicitations to which Chapter 3901-2 of the Administrative Code applies.	No change
3901-2-04	Information to be furnished security holders.	No change
3901-2-05	Requirements as to proxy.	No change
3901-2-06	Presentation of information in proxy statement.	No change
3901-2-07	Materials required to be filed.	No change
3901-2-08	Mailing communications for security holders.	Amend
3901-2-09	Proposals of security holders.	No change
3901-2-10	False or misleading statements.	No change
3901-2-11	Prohibition of certain solicitations.	No change
3901-2-12	Special provisions applicable to election contests.	No change
3901-2-13	Information to be contained in proxy statement.	Amend
3901-2-14	Information to be included in statements files by or on behalf of a participant (other than the issuer) in a proxy solicitation in an election contest.	No change
3901-2-15	Information required in information statement.	No change
3901-3-05	Valuation of investments.	No change
3901-3-12	Derivative use plan.	No change
3901-3-18	NAIC manuals.	Amend
3901-5-01	Agent continuing education.	Amend
3901-5-02	Continuing education provider.	Amend
3901-5-03	Continuing education course.	Amend
3901-5-04	Continuing education market practices/audit.	Amend
3901-5-05	Agent education violations.	Amend
3901-5-06	Agent education fees.	No change
3901-5-07	Regulation of agent pre-licensing education.	Amend
3901-5-09	Agent licensing and appointments.	Amend
3901-8-04	Accreditation of independent review organization.	Amend
3901-8-10	Notice of public hearing on rates for individual sickness and accident insurance.	No change
3901-8-12	Open enrollment.	Amend
3901-11-01	Captive insurance company application.	No change
3901-11-02	Additional capital and surplus required.	No change
3901-11-03	Auditor appointment, audited financial statements, actuarial opinion, and annual statements.	Amend
3901-11-04	Notification of materially misstated financial condition.	No change
3901-11-05	Special purpose financial captive alternative reserve methodologies.	No change
3901-11-06	Capital and surplus requirements for life insurance companies ceding to special purpose financial captive insurance company and for special purpose financial captive insurance companies.	No change

odx-more-information

To view a copy of the CSI Business Impact Analysis and the current proposed rule please visit the Common Sense Initiative (CSI)