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Ex. AGY-ST-INSURANCE-BANKING-077 Order Primary source read

Bulletin 2020-09 (Recommendations and Orders)

Extension of Financial Filing Deadlines and Procedural Requirements as a Result of COVID-19 - Recommendations and Orders

Superintendent of Insurance · Ohio; Department of Insurance (Sector regulator)

The COVID Project

The record

Jurisdiction
Ohio; Department of Insurance · Ohio
Level
Sector regulator
Authority
R.C. 3901.041; Executive Order 2020-01D
Issued
2020-04-15 Apr. 15, 2020
Effective
2020-04-15
End
Within 60 days after the expiration of the Order companies must file the physical information waived; on-site examination meetings suspended for the emergency (read as 2021-06-30)
In force
Apr. 15, 2020 to June 30, 2021
Quarters
2020 Q22020 Q32020 Q42021 Q12021 Q2
Limitation types
Telework mandateOther
Addressees
  • all companies licensed to transact insurance in Ohio
Functions reached
  • IN insurers (financial reporting, notarization, examinations)
  • OP office and telework (the regulator's finding that employees were working from home)
Collection
State insurance and banking regulators AGY-ST-INSURANCE-BANKING

Operative words

Following Governor DeWine's Executive Order, the Governor and Ohio Department of Health Director Dr. Amy Acton have issued other recommendations and orders helping protect Ohioans [including a recommendation that] employees... work from home, whenever possible, as well as an order prohibiting mass gatherings... [As a result, compliance with] financial filing deadlines and procedural insurance requirements may not be possible... the Department is willing to allow companies an additional 30 days to complete most of the financial filings identified in 'Attachment A' of this Order (and 60 days for some)... [The physical filing and] notary requirement[s], are hereby suspended. Companies must maintain a record of all filings made electronically in lieu of physical information filings... On-site meetings for the purposes of conducting examinations are hereby suspended.

Enforcement

R.C. 3901.041; R.C. 3901.22

Notes

Styled 'Recommendations and Orders'; the suspension of on-site examination meetings and of notary requirements is an order.