Ohio § 3929.33

§ 3929.33.

The indebtedness for outstanding losses under insurance against loss or damage resulting

from accident to, or injuries suffered by, an employee or other person, for which

the insured is liable, and under insurance against loss from liability on account

of the death of or injury to an employee, not caused by the negligence of the employer,

shall be determined as set forth in this section. Each corporation which writes policies covering such insurance shall include in its

annual statement a schedule of its experiences with such policies, in the United States

and foreign countries in the case of corporations organized in the United States,

and in the United States only in the case of corporations organized outside the United

States, giving each calendar year's experience separately, and crediting or charging

each item to the year in which the policy to which it relates was written, as follows: (A) The earned premiums on all such policies written during the period of ten years immediately

preceding the date as of which the statement is made, being the gross premiums on

all such policies including excess and additional premiums and premiums in course

of collection, less return premiums and premiums on canceled policies, and less the

unearned premiums on policies in force as shown in such annual statement; (B) The amount of all payments of any nature made by reason of injuries covered by such

policies written during said ten-year period, this amount to include medical and surgical

attendance, payments to claimants, legal expenses, salaries and expenses of investigators,

adjustors, and field men, rents, stationery, telegraph and telephone charges, postage,

salaries and expenses of office employees, home office expenses, and all other payments

made on account of such injuries, whether such payments are allocated to specific

claims or are unallocated; (C) The number of suits being defended, at the date of which the statement is made, under

policies written during said ten-year period, except suits in which liability is not

dependent upon negligence of the insured, and a charge of seven hundred fifty dollars

for each suit; (D) The number of deaths for which the insured are liable without proof of negligence,

covered by policies written during said period, and not paid for at the date as of

which the statement is made, and a charge of the amount necessary to pay for such

deaths; (E) The number of unpaid claims at the date as of which the statement is made on account

of nonfatal injuries for which the insured are liable without proof of negligence,

covered by policies written during said period, and a charge equal to the present

value of the estimated future payments; (F) The loss ratio determined from the preceding divisions of this section as to each

year separately, using as the divisor the earned premiums shown in division (A), and

as the dividend the amount of payments shown in division (B), plus the amounts charged

in divisions (C), (D), and (E); (G) The number of suits being defended at the date as of which the statement is made

under policies written more than ten years prior to such date, except suits in which

liability is not dependent upon negligence of the insured; (H) The number of deaths for which the insured are liable without proof of negligence,

covered by policies written more than ten years prior to the date as of which the

statement is made, and not paid for at such date; (I) The number of unpaid claims at the date as of which the statement is made on account

of nonfatal injuries for which the insured are liable without proof of negligence,

covered by policies written more than ten years prior to such date.