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Ex. AGY-ST-INSURANCE-BANKING-111 Context (guidance or announcement) Primary source read

Bulletin 2020-12

Property and Casualty, Life, and Long Term Care Insurance Premium Payments During State of Emergency

Tynesia Dorsey, Interim Superintendent of Insurance · Ohio; Department of Insurance (Sector regulator)

The COVID Project
Context, not an order

This record is guidance or an announcement kept for context. It is not counted among the orders in force.

The record

Jurisdiction
Ohio; Department of Insurance · Ohio
Level
Sector regulator
Authority
R.C. 3901.041
Issued
2020-10-02 Oct. 2, 2020
Effective
2020-10-02
End
2021-06-18 (expired with the state of emergency; rescinded by Bulletin 2021-02, Ex. 078) (read as 2021-06-18)
In force
Oct. 2, 2020 to June 18, 2021
Quarters
2020 Q42021 Q12021 Q2
Limitation types
Other
Addressees
  • all insurers providing property and casualty, life and long term care insurance in Ohio
Functions reached
  • IN insurers (billing flexibility)
  • CB policyholders
Character
context
Collection
State insurance and banking regulators AGY-ST-INSURANCE-BANKING

Operative words

Bulletin 2020-11, also issued today, rescinded Bulletin 2020-07. This bulletin replaces rescinded Bulletin 2020-07... The purpose of this bulletin is to encourage Insurers to provide flexibility to their insureds during the state of [emergency]... [the] Superintendent encourages Insurers to provide their insureds with a grace period to pay [premiums]... This Bulletin expires upon the expiration of the state of emergency declared by Governor [DeWine].

Enforcement

R.C. 3901.041 (supervisory)

Notes

Marks the transition from a mandatory 60-day grace period to an encouraged one on October 2, 2020.

Retrieval note

Cite it as context and cite the underlying order, statute or emergency rule it describes as the instrument. (Bulletins whose operative text imposes a mandatory duty on licensees under the regulator's own authority are excluded from this downgrade and listed separately for review.)).