3901-1-48 "Ohio mine subsidence insurance underwriting association" and "mine subsidence insurance fund" plan of operation.  

  • Text Box: ACTION: Original Text Box: DATE: 07/05/2011 2:08 PM

     

     

     

    STATE OF OHIO DEPARTMENT OF INSURANCE

    50 West Town Street, 3rd Floor, Suite 300 Columbus, Ohio 43215

     

     

     

    IN THE MATTER OF PUBLIC                                :

    HEARING FOR THE AMENDMENT OF              : NOTICE OF PUBLIC HEARING OHIO ADMINISTRATIVE CODE     :

    SECTION 3901-1-48                                                 :

     

     

     

    Pursuant to section 119.03 of the Ohio Revised Code, the Superintendent of Insurance, State of Ohio, will hold a public hearing at 9:00 a.m., on Monday, August 8, 2011 at the Ohio Department of Insurance, Public Hearing Room, 50 West Town Street, 3rd Floor, Suite 300, Columbus, Ohio, to consider the amendment of Ohio Administrative Code section 3901-1-48 "Ohio mine subsidence insurance underwriting association" and "mine subsidence insurance fund" plan of operation.

     

    The purpose of this rule is to implement sections 3929.50 to 3929.53 and 3929.55 to

    3929.56 and 3929.58 to 3929.61 of the Revised Code which: (1) Establishes the "Ohio Mine Subsidence Underwriting Association," (2) Provides for the transfer of risk from member insurers to the association, and (3) Creates the "Mine Subsidence Insurance Fund."

     

    The purpose for amending this rule is to add public meeting notice information to comply with Revised Code requirement.

     

    Requests for copies of this rule should be addressed to Tina Chubb, Ohio Department of Insurance, 50 West Town Street, 3rd Floor, Suite 300 Columbus, Ohio 43215, or proposed rule can be viewed online at www.insurance.ohio.gov.

     

     

    James Burkart, Staff Attorney

     

     

     

    Dated at Columbus, Ohio this 5th day of July, 2011.