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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 3930.05 | Proportional participation by member insurers.

Ohio Revised Code
/
Title 39 Insurance
/
Chapter 3930 Commercial Market Assistance Plan; Commercial Insurance Joint Underwriting Association
 
Effective:
January 5, 1988
Latest Legislation:
House Bill 1 - 117th General Assembly
PDF:
Download Authenticated PDF
 

All insurers that are members of the Ohio commercial insurance joint underwriting association shall participate in its writings, expenses, deficits, and losses in the proportion that the net direct premiums of each bears to the aggregate net direct premiums written in this state by all members of the association, excluding premiums attributable to the operation of the association in the preceding calendar year.

Available Versions of this Section