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§ 3929.41 Purposes

§ 3929.42 Definitions

§ 3929.43 Ohio FAIR Plan underwriting association

§ 3929.44 Application by person unable to obtain basic property or homeowners insurance

§ 3929.45 Examination of books, records and files

§ 3929.46 Superintendent may require reports from insurers

§ 3929.47 Appeals; judicial review

§ 3929.48 Immunity; reports confidential

§ 3929.48.1 Issuance of fair plan policies

§ 3929.48.2 Contracts with mine subsidence or commercial joint underwriting associations

§ 3929.49 Compliance by insurer

Statute Information


§ 3929.41 Purposes.

Text of Statute

The purposes of sections 3929.41 to 3929.49 of the Revised Code are to:

(A) Assure stability in the property insurance market for property located in urban areas of the state;

(B) Assure the availability of basic property insurance as defined by sections 3929.41 to 3929.49 of the Revised Code;

(C) Assure the availability, at the option of the applicant, of homeowners insurance as defined in division (B) of section 3929.42 of the Revised Code;

(D) Encourage maximum use, in obtaining basic property insurance, of the normal insurance market provided by authorized insurers;

(E) Provide for the equitable distribution among authorized insurers of the responsibility for insuring eligible property, for which basic property insurance cannot be obtained through the normal insurance market;

(F) Authorize the establishment of a fair plan (fair access to insurance requirements), and the Ohio fair plan underwriting association.

History

HISTORY: 133 v H 465 (Eff 7-31-69); 138 v H 792. Eff 7-18-80.

 
 

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