Ohio § 3929.01
Full text of Ohio Ohio Revised Code § 3929.01, with citation guidance and answers to common questions.
§ 3929.01.
(A) A domestic, foreign, or alien mutual or stock insurance company, other than a life
insurance company, organized or admitted under Title XXXIX of the Revised Code or
created by a special act or acts of the general assembly, or an attorney licensed
under section 3931.10 of the Revised Code to make reciprocal or interinsurance contracts under sections 3931.01 to 3931.12 of the Revised Code , may directly, or by ceding or assuming reinsurance, transact any of the following
kinds of insurance: (1) Fire; (2) Allied lines; (3) Farmowners multiple peril; (4) Homeowners multiple peril; (5) Commercial multiple peril; (6) Ocean marine; (7) Inland marine; (8) Financial guaranty; (9) Medical malpractice; (10) Earthquake; (11) Group accident and health; (12) Credit A & H (group and individual); (13)(a) Collectively renewable A & H; (b) Noncancellable A & H; (c) Guaranteed renewable A & H; (d) Nonrenewable for stated reasons only; (e) Other accident only; (f) All other A & H. (14) To the extent permitted by law, workers' compensation; (15) Other liability; (16)(a) To the extent permitted by law, private passenger auto no-fault (personal injury
protection); (b) Other private passenger auto liability; (c) To the extent permitted by law, commercial auto no-fault (personal injury protection); (d) Other commercial auto liability. (17)(a) Private passenger auto physical damage; (b) Commercial auto physical damage. (18) Aircraft (all perils); (19) Fidelity; (20) Surety; (21) Glass; (22) Burglary and theft; (23) Boiler and machinery; (24) Credit; (25) Reinsurance only; (26) Any other insurance against loss or damage by any hazard upon any risk, other than
life insurance, that is not prohibited by the Revised Code or at common law from being
the subject of insurance. (B) A company of another state, territory, district, or country admitted to transact
the fidelity or surety insurance business, in addition to any other deposit required
by this state, shall deposit with the superintendent of insurance, for the benefit
and security of all of its policyholders, fifty thousand dollars in bonds of the United
States or of this state, or of a county, township, or municipal corporation in this
state, which shall not be received by the superintendent at a rate above their par
value. The securities deposited may be exchanged from time to time for other securities. So long as the company continues solvent and complies with the laws of this state,
it may collect the interest on the deposits. (C) Nothing in this section shall be construed to enlarge upon or extend the powers possessed
by an insurer authorized to transact business in this state as a title insurance company.
Frequently Asked Questions About Ohio § 3929.01
What does Ohio Revised Code § 3929.01 cover?
Section 3929.01 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 3929.01?
A common citation format is "Ohio Revised Code § 3929.01" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 3929.01 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.