Ohio § 3929.41 Purposes

Ohio Statutes

§ 3929.41 — Purposes

Ohio § 3929.41

Title 39Insurance

Ch. 3929Domestic And Foreign Insurance Companies Other Than Life

This text of Ohio § 3929.41 (Purposes) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 3929.41 (2026).

Text

The purposes of sections3929.41to3929.49of the Revised Code are to:

(A)Assure stability in the property insurance market;

(B)Assure the availability of basic property insurance as defined by sections3929.41to3929.49of the Revised Code;

(C)Assure the availability, at the option of the applicant, of homeowners insurance as defined in division (B) of section3929.42of 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

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The purposes of sections3929.41to3929.49of the Revised Code are to:

(A) Assure stability in the property insurance market;

(B) Assure the availability of basic property insurance as defined by sections3929.41to3929.49of the Revised Code;

(C) Assure the availability, at the option of the applicant, of homeowners insurance as defined in division (B) of section3929.42of 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.

Last updated August 16, 2024 at 8:41 AM