Effective: June 29, 1994
Latest Legislation: House Bill 89 - 120th General Assembly
The purposes of sections 3955.01 to 3955.19 of the Revised Code are to provide a mechanism for the payment of covered claims under certain insurance policies, avoid excessive delay in payment and reduce financial loss to claimants or policyholders because of the insolvency of an insurer, assist in the detection and prevention of insurer insolvencies, and provide an association to assess the cost of such protection among insurers.
Structure Ohio Revised Code
Chapter 3955 | Property and Casualty Insurance Guaranty Association
Section 3955.01 | Property and Casualty Insurance Guaranty Association Definitions.
Section 3955.03 | Purposes of Chapter.
Section 3955.04 | Liberal Construction of Chapter.
Section 3955.05 | Nonapplicability to Certain Kinds of Insurance.
Section 3955.06 | Ohio Insurance Guaranty Association.
Section 3955.07 | Board of Directors.
Section 3955.08 | Association Powers and Duties.
Section 3955.09 | Plan of Operation and Amendments.
Section 3955.10 | Superintendent of Insurance - Powers and Duties.
Section 3955.12 | Subrogation of Association - Recovery Against Insolvent Insurers.
Section 3955.13 | Exhausting Rights Under Other Policy.
Section 3955.14 | Aiding Detection and Prevention of Insurer Insolvencies.
Section 3955.15 | Examination and Regulation by Superintendent - Annual Financial Report.
Section 3955.16 | Exemption From Fees and Taxation.
Section 3955.17 | Rates - Factors and Calculation.
Section 3955.19 | Staying Pending Proceedings Involving Insolvent Insurers.