Effective: April 12, 2004
Latest Legislation: House Bill 282 - 125th General Assembly
(A)(1) A board of governors consisting of nine members shall govern the medical liability underwriting association. The members shall be appointed by the governor with the advice of the superintendent of insurance. Five shall be selected from insurers licensed to write and writing liability insurance in this state, at least two of which insurers must write medical liability insurance in this state. One shall be a licensed physician and one shall be from a hospital operating in this state. One shall be an insurance agent licensed and writing medical liability insurance in this state. One shall represent the interests of consumers and shall neither be a member of, or associated with, a health insuring corporation holding a certificate of authority under Chapter 1751. of the Revised Code or an insurance company. The members of the board of governors shall serve without compensation but shall be reimbursed for their actual and necessary expenses incurred in the discharge of their official duties. The directors of the stabilization reserve fund shall serve as ex officio members of the medical liability underwriting association's board of governors.
(2) Of the initial member appointments made under division (A)(1) of this section, three shall be for terms of one year, three shall be for terms of two years, and three shall be for terms of three years, with the members' terms determined from the date the medical liability underwriting association is created under section 3929.63 of the Revised Code. Thereafter, terms of office for appointed members shall be for three years, each term ending on the same day of the same month of the year as did the term it succeeds. A vacancy shall be filled in the same manner as the original appointment. Members may be reappointed to the board of governors.
(B) The board of governors may employ, compensate, and prescribe the duties and powers of as many employees and consultants as are necessary to carry out the purposes of sections 3929.62 to 3929.70 of the Revised Code.
Structure Ohio Revised Code
Chapter 3929 | Domestic and Foreign Insurance Companies Other Than Life
Section 3929.01 | Powers of Companies - Deposits Required of Foreign Companies.
Section 3929.011 | Capitalization Requirements.
Section 3929.012 | Reserve Requirements.
Section 3929.02 | Liability Incurred on Any Single Risk.
Section 3929.03 | Employee Subrogated to Rights of Employer.
Section 3929.04 | Rights and Remedies Pass to Personal Representatives.
Section 3929.05 | Liability of Insurance Company for Bodily Injury or Death.
Section 3929.06 | Satisfying Final Judgment.
Section 3929.07 | Deposit With Superintendent of Insurance Required.
Section 3929.08 | Deposits Required by Other States.
Section 3929.09 | Maintenance and Withdrawal of Securities.
Section 3929.10 | Deposit Required of Guaranty Company.
Section 3929.11 | Deposit by Foreign Guaranty Company.
Section 3929.13 | Estoppel of Company Executing Bond.
Section 3929.14 | Sufficiency of Bonds Executed by Guaranty Company.
Section 3929.15 | Allowance of Premium to Surety Company.
Section 3929.16 | Bonds of Public Officers.
Section 3929.17 | Payment of Premiums on Bonds.
Section 3929.18 | Lien of Mutual Companies for Premium Notes.
Section 3929.19 | Cancellation of Policies.
Section 3929.20 | Rates of Cancellation for Cash Policies.
Section 3929.21 | Rates of Cancellation for Policies on the Mutual Plan.
Section 3929.22 | Rates of Cancellation for Policies on Installment Plan.
Section 3929.24 | Enforcement by Superintendent.
Section 3929.25 | Extent of Liability Under Policy.
Section 3929.26 | More Than One Policy on Same Property.
Section 3929.27 | Solicitor Agent of Company.
Section 3929.28 | Execution of Contracts.
Section 3929.29 | Restrictions in Advertisements - Forfeiture.
Section 3929.30 | Annual Report.
Section 3929.302 | Annual Claims Report by Medical Malpractice Insurers - Fine - Confidentiality.
Section 3929.31 | Special Report.
Section 3929.32 | Prohibition Against Failure to Make Statement.
Section 3929.33 | Schedule of Experience as to Liabilities With Annual Statement.
Section 3929.34 | Distribution of Unallocated Payments.
Section 3929.35 | Determination of Indebtedness Charged for Outstanding Losses.
Section 3929.36 | Schedule Requirements for Corporations Issuing Certain Policies.
Section 3929.37 | Action by Attorney General.
Section 3929.42 | Urban Homeowners Insurance Definitions.
Section 3929.43 | Ohio Fair Plan Underwriting Association.
Section 3929.44 | Application by Person Unable to Obtain Basic Property or Homeowners Insurance.
Section 3929.45 | Examination Into Operation of Association.
Section 3929.46 | Superintendent May Require Reports From Insurers.
Section 3929.47 | Appeals - Judicial Review.
Section 3929.481 | Issuing Fair Plan Policies.
Section 3929.482 | Contracts to Provide Administrative and Claims Adjusting Services.
Section 3929.49 | Furnishing Information to Show Compliance With Law.
Section 3929.50 | Mine Subsidence Insurance Definitions.
Section 3929.52 | Mine Subsidence Insurance Fund.
Section 3929.55 | Auditor of State - Annual Audit of Insurance Fund.
Section 3929.56 | Mine Subsidence Coverage for Homeowners in Designated Counties.
Section 3929.59 | Distribution of Premiums Collected.
Section 3929.60 | Report of Amount of Mine Subsidence Insurance Premiums.
Section 3929.61 | No Right of Recourse Except for Fraud.
Section 3929.62 | Definitions.
Section 3929.63 | Creating Medical Liability Underwriting Association.
Section 3929.631 | Stabilization Reserve Fund.
Section 3929.632 | Dissolution or Suspension.
Section 3929.64 | Board of Governors.
Section 3929.65 | Proposing Plan of Operation.
Section 3929.66 | Application for Medical Liability Insurance.
Section 3929.661 | Option of Being Liable as a Co-Insurer.
Section 3929.67 | Reasons for Cancellation.
Section 3929.68 | No Liability.
Section 3929.682 | Medical Liability Fund.
Section 3929.69 | Filing Statement of Transactions and Affairs.
Section 3929.70 | Exemption From Fees and Taxes.
Section 3929.85 | Limits on Assessments by Associations.
Section 3929.86 | Fire Loss Claims.
Section 3929.87 | Determination as to Whether Loss Caused by Arson.