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2004 Summary of New State Laws - Ohio

Issue

Bill #

Bill Description

Miscellaneous New Insurance Provisions

(Medical Malpractice Requirements)

SB 187

Establishes 60 day notification requirements for cancellation or rate increases and 120 days notice to the department of insurance for companies intending to stop medical malpractice coverage of a specialty or geographic area. Effective 9/13/04.

(Mutual Insurance Company Property Liens)

HB 301

Limits the duration of mutual insurance company's liens on property it insures to five years from the date of filing. Effective 7/14/04.

Motor Vehicle Insurance

(Proof of Coverage)

HB 139

Specifies that policies under the Financial Responsibility Law remain subject to their terms and conditions. Effective 2/12/04. Session Law 36, Laws of 2004.

(Salvage Vehicles)

HB 230

Modifies requirements relative to salvage certificates of title and revises other motor vehicle provisions. Effective 9/16/04. Session Law 106, Laws of 2004.

Telephone Sales

SB 28

Prohibits sellers from engaging in activities that violate federal telemarketing laws and authorizes the Attorney General to enforce state and federal telemarketing laws and conduct investigations. Effective 4/12/04. Session Law 54, Laws of 2004.

Tort Reform

(Judgment Interest)

HB 212

Establishes criteria for computing interest on judgments. Effective 6/2/04.

(Asbestos Claims)

HB 292

Establishes minimum medical requirements for filing certain asbestos claims and limits asbestos-related successor liabilities for corporations. Effective 9/2/04.

(Silica and Mixed Dust Disease Claims)

HB 342

Establishes minimum medical requirements for filing certain silica and mixed dust disease claims. Effective 9/1/04.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.

Ohio State Resource Center