Chapter 123:1-70 | Insurance

Rule 123:1-70-01 | Determination of insurance to be purchased.

• Effective: March 28, 2014
• Promulgated Under: 111.15

(A) The administrator of the office of risk management shall determine what kinds of insurance authorized by law shall be purchased and furnished on behalf of all state agencies except the following:

(1) Boards of elections;

(2) Courts of appeals;

(3) Courts of common pleas;

(4) Supreme court;

(5) General assembly;

(6) Maintenance of Ohio national guard;

(7) Agricultural experimental stations of the state; and

(8) Educational institutions of the state.

(B) Nothing in paragraph (A) of this rule precludes any state agency, board, or commission listed in paragraph (A) of this rule, except for educational institutions of the state, from requesting the administrator of the office of risk management to determine what kinds of insurance programs or policies are appropriate for the excepted state agency, board or commission and request that the administrator of the office of risk management purchase and furnish appropriate insurance programs or policies on its behalf. The office of risk management may charge a reasonable fee for the services rendered pursuant to this paragraph to the agencies otherwise excepted by paragraph (A) of this rule.

Last updated April 5, 2023 at 10:50 AM

Supplemental Information

Authorized By: RC 9.821, 9.822, 9.823, 9.83
Amplifies: RC Sections 9.82, 9.821, 9.822, 9.83, 125.02, 125.04
Five Year Review Date: 3/17/2019

Rule 123:1-70-02 | Purchase of insurance contracts where the annual premium is more than one thousand dollars.

• Effective: March 28, 2014
• Promulgated Under: 111.15

(A) Where the amount of an annual insurance premium is estimated to be more than one thousand dollars but less than fifty thousand dollars, and is not required to be competitively bid, the administrator of the office of risk management may procure a contract of insurance using the following procedures:

(1) Upon request of an agency, or by a determination by the administrator of the office of risk management that an agency may need particular insurance coverage, the administrator may solicit price quotations from persons dealing in contracts of insurance as selected by the administrator.

(2) The administrator shall review each price quotation and make a recommendation to an agency based on an evaluation of the cost, protection comparison and other relevant considerations.

(3) If an agency determines that a particular insurance coverage or program is needed, the administrator shall notify the selected person, and provide any additional information needed to underwrite the contract of insurance.

(B) Where the amount of the annual insurance premium is fifty thousand dollars or more, the office of state purchasing, with the approval of the administrator of the office of risk management, shall, on behalf of the appropriate agency, purchase the insurance in accordance with the competitive bidding requirements of sections 125.04 to 125.15 of the Revised Code and rules 123:5-1-09 to 123:5-1-27 of the Administrative Code.

(C) "Person" has the same meaning as provided in division (C) of section 1.59 of the Revised Code for the purposes of this rule.

Last updated April 5, 2023 at 10:50 AM

Supplemental Information

Authorized By: RC 9.821, 9.822, 9.823, 9.83
Amplifies: RC Sections 9.821, 9.822, 9.83, 125.02, 125.04
Five Year Review Date: 3/17/2019
Prior Effective Dates: 2/28/2005

Rule 123:1-70-03 | Permit to make purchases when impractical to contract through department.

• Effective: March 28, 2014
• Promulgated Under: 111.15

No state agency, board or commission, other than those excepted in section 125.04 of the Revised Code, shall procure or purchase any contract of insurance other than through the office of risk management. When the administrator of the office of risk management determines that it is impractical for any state agency, board or commission to obtain a contract of insurance through the office, the administrator may issue a release and permit to secure an appropriate contract of insurance other than through the office. A release and permit for a contract of insurance shall specify the contract of insurance, the agency to which the release and permit applies, the operative time of the release and permit, and the reason for the issuance of the release and permit. The release and permit may specify the amount to be procured by the agency, board or commission.

Last updated April 5, 2023 at 10:50 AM

Supplemental Information

Authorized By: RC 9.821, 9.822, 9.823, 9.83
Amplifies: RC Sections 9.821, 9.822, 9.83, 125.02, 125.04, 125.05, 125.06.
Five Year Review Date: 3/17/2019
Prior Effective Dates: 2/28/2005