Ohio § 3929.67 Reasons for cancellation

Ohio Statutes

§ 3929.67 — Reasons for cancellation

Ohio § 3929.67

Title 39Insurance

Ch. 3929Domestic And Foreign Insurance Companies Other Than Life

This text of Ohio § 3929.67 (Reasons for cancellation) 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. § 3929.67 (2026).

Text

(A)A medical liability insurance policy that insures a physician, podiatrist, or advanced practice registered nurse, written by or on behalf of the medical liability underwriting association pursuant to sections3929.62to3929.70of the Revised Code, may be cancelled only during the term of the policy for one of the following reasons:

(1)Nonpayment of premiums;

(2)The license of the insured to practice medicine and surgery, osteopathic medicine and surgery, podiatric medicine and surgery, or advanced practice registered nursing has been suspended or revoked;

(3)The insured's failure to meet minimum eligibility and underwriting standards;

(4)The occurrence of a change in the individual risk that substantially increases any hazard insured against after the coverage has been issued or r

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(A) A medical liability insurance policy that insures a physician, podiatrist, or advanced practice registered nurse, written by or on behalf of the medical liability underwriting association pursuant to sections3929.62to3929.70of the Revised Code, may be cancelled only during the term of the policy for one of the following reasons:

(1) Nonpayment of premiums;

(2) The license of the insured to practice medicine and surgery, osteopathic medicine and surgery, podiatric medicine and surgery, or advanced practice registered nursing has been suspended or revoked;

(3) The insured's failure to meet minimum eligibility and underwriting standards;

(4) The occurrence of a change in the individual risk that substantially increases any hazard insured against after the coverage has been issued or renewed, except to the extent that the medical liability underwriting association reasonably should have foreseen the change or contemplated the risk in writing the policy;

(5) Discovery of fraud or material misrepresentation in the procurement of insurance or with respect to any claim submitted thereunder.

(B) A medical liability insurance policy that insures a hospital, written by or on behalf of the medical liability underwriting association pursuant to sections3929.62to3929.70of the Revised Code, may only be cancelled during the term of the policy for one of the following reasons:

(1) Nonpayment of premiums;

(2) The hospital is not licensed under Chapter 3722. of the Revised Code;

(3) An injunction against the hospital has been granted under section3722.08of the Revised Code;

(4) The insured's failure to meet minimum eligibility and underwriting standards;

(5) The occurrence of a change in the individual risk that substantially increases any hazard insured against after the coverage has been issued or renewed, except to the extent that the medical liability underwriting association reasonably should have foreseen the change or contemplated the risk in writing the policy;

(6) Discovery of fraud or material misrepresentation in the procurement of insurance or with respect to any claim submitted thereunder.

Last updated February 18, 2025 at 6:00 PM