Ohio § 5729.02

§ 5729.02.

(A) Subject to division (B) of this section, every foreign insurance company shall set

forth in its annual statement to the superintendent of insurance the gross amount

of premiums received by it from policies covering risks within this state during the

preceding calendar year, less return premiums paid for cancellations and considerations

received for reinsurance of risks within this state, provided that dividends paid

or otherwise allowed to policyholders shall not be deducted except as provided in section 5729.04 of the Revised Code .  If the superintendent has reason to suspect the correctness of such statement the

superintendent may make an examination at the expense of the state of the books of

such company or its agents for the purpose of verifying them. Where insurance against fire is included with insurance against other perils at an

undivided premium, a reasonable allocation from such entire premium shall be made

for the fire portion of the coverage in such manner as the superintendent of insurance

may direct. Every insurance company incorporated under the laws of this state, and controlled

by a foreign affiliate, that claims to be a domestic insurance company, as that term

is defined in division (D) of section 5725.01 of the Revised Code , shall set forth in its annual report information from which the superintendent can

determine the validity of such claim. (B) The gross amount of premiums for bail bonds written by a foreign insurance company

included in the annual statement required under division (A) of this section shall

equal the company's direct written premiums determined under section 3905.901 of the Revised Code and reported on the company's corresponding annual statement of condition.