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Ohio insurance laws

Insurance regulations, rate filing requirements, department info, and recent bulletins for Ohio. Updated Apr 1, 2026.

Department of Insurance

DepartmentOhio Department of Insurance
CommissionerJudith L. French
Rate Filing SystemPrior Approval
Regulatory CodeOhio Revised Code Title 39 (Insurance) §§ 3901-3999
Overview

Ohio operates a prior approval rate filing system for health insurance and uses a file-and-use approach for most property and casualty lines. The Ohio Department of Insurance, led by Director Judith L. French (appointed 2021), provides robust consumer protection through education and vigilant regulation. Ohio's insurance marketplace is competitive with strong solvency oversight and consumer complaint resolution services.

Auto Insurance

Min Pd$25,000
Pip MinN/A
StatuteORC § 4509.101, § 3937.18
Fault SystemTort
Min Bi Per Person$25,000
Uninsured PenaltyLicense suspension, $100-$300 reinstatement fee, SR-22 filing required for 3 years
Min Bi Per Accident$50,000
Sr22 Duration Years3-5
Noncompliance PenaltyInsurers violating rate filing or unfair practices: up to $25,000 per violation (ORC § 3905.14); unauthorized insurer activities: up to $1,000 per violation (ORC § 3905.77)
Rate Filing RequirementFile and use with 30-day review period for personal auto; prior approval for workers' compensation
Avg Full Coverage Premium$1,368

Notable Laws

  • ORC § 3937.18 - Uninsured and underinsured motorist coverage (optional, insurers must offer equal to liability limits)
  • ORC § 4509.101 - Mandatory financial responsibility requirement for all motor vehicle operators
  • ORC § 3937.23 - Prohibits premium increase when insured not at-fault in accident with uninsured motorist
  • ORC § 3937.31 - Minimum one-year policy term or guaranteed renewable for successive periods
  • ORC § 3937.43 - Premium reduction for drivers over 60 completing accident prevention course

Homeowners Insurance

StatuteORC § 3937.28, §§ 3929.50-3929.61
Wind PoolNone
Fair Plan NameOhio FAIR Plan Underwriting Association
Noncompliance PenaltyInsurers violating cancellation notice requirements or unfair practices: up to $25,000 per violation (ORC § 3905.14); administrative costs assessed for enforcement proceedings
Rate Filing RequirementFile and use for homeowners insurance; rates must be filed with Superintendent before use but approval not required unless objection raised within 30 days

Notable Laws

  • ORC § 3937.28 - Cancellation notice requirements (10 days for nonpayment, 60 days for other grounds)
  • ORC §§ 3929.50-3929.61 - Ohio FAIR Plan for property insurance in high-risk areas
  • OAC Rule 3901-1-18 - Ohio FAIR Plan operation and member insurer obligations
  • ORC § 3937.25 - Specified grounds for cancellation or nonrenewal of casualty insurance
  • ORC § 3901.21 - Prohibition of unfair and deceptive acts or practices in insurance

Recent Bulletins

Implementation of HB 229 - PBM Licensing Requirements

#Bulletin No. 2025-032025-11-15Effective: 2025-11-15

Provides guidance for pharmacy benefit managers on new licensing requirements under House Bill 229, including application procedures, fees, and compliance deadlines for the new PBM regulatory framework effective July 1, 2026.

View bulletin

Health Insurance Prior Authorization Standards Under HB 220

#Bulletin No. 2025-022025-08-22Effective: 2025-12-01

Clarifies prior authorization requirements for health insurers and Medicaid managed care plans following passage of House Bill 220, including prohibition on fees for appeals and streamlined decision timelines.

View bulletin

ACA Compliant Form Filing Guidance for Plan Year 2026

#Bulletin No. 2025-012025-06-10Effective: 2025-06-10

Provides health plan issuers with information regarding form content requirements and relevant statutes, rules, and bulletins for ACA-compliant plans offered on the federal exchange for plan year 2026.

View bulletin

Information Security Program Requirements Reminder

#Bulletin No. 2024-042024-12-05Effective: 2024-12-05

Reminds licensees of ongoing obligations under Ohio's insurance data security law to maintain comprehensive information security programs, conduct risk assessments, and report cybersecurity events to the Superintendent.

View bulletin

BWC Premium Rate Reduction for Private Employers

#Bulletin No. 2024-032024-08-15Effective: 2024-07-01

Announces Ohio Bureau of Workers' Compensation Board of Directors' approval of premium rate reduction averaging 1% for private employers, effective July 1, 2024, resulting in estimated savings of $25 million annually.

View bulletin

Recent Law Changes

Senate Bill 3062026Multiple Lines

Insurance Transactions, Plans, and Policies Modernization

Modernizes Ohio's insurance statutes including clarifying signature requirements on insurance documents, updating insurance transaction provisions, extending timeframes for towing services from 30 to 45 days for insurance companies to file civil actions, and streamlining various administrative processes.

Affects all insurers operating in Ohio by modernizing various insurance code provisions and reducing administrative burdens.

Effective: 2026-06-25

House Bill 2292025Health

Pharmacy Benefit Manager Licensing and Regulation

Establishes a stand-alone licensing process and new contractual requirements for pharmacy benefit managers (PBMs), placing them in a dedicated chapter of Ohio's Insurance Code with regulatory oversight by the Ohio Department of Insurance, enhancing transparency in prescription drug pricing, and protecting independent pharmacies.

Affects health insurers, PBMs, and pharmacies by requiring PBM licensing and increasing transparency in prescription drug benefit management.

Effective: 2026-07-01

House Bill 2202025Health

Prior Authorization Reform

Reforms health insurance and Medicaid prior authorization requirements to reduce delays and improve patient care by streamlining the prior authorization process, prohibiting fees for appeals, establishing electronic prior authorization standards, and creating accountability measures for insurers.

Affects health insurers and healthcare providers by reducing administrative burdens and improving timely patient access to necessary medical care.

Effective: 2025-12-01

House Bill 212025Health

Health Care Sharing Ministries Freedom to Share Act

Clarifies that health care sharing ministries are not insurance businesses and exempts them from insurance regulations under Title 39 of the Ohio Revised Code, while establishing disclosure requirements, consumer protections, and operational standards for these faith-based cost-sharing organizations.

Affects health care sharing ministry organizations and their members by providing regulatory clarity and ensuring consumer disclosure protections.

Effective: 2026-02-19

House Bill 33 (State Budget)2025Multiple Lines

Insurance-Related Budget Provisions

Ohio's biennial budget bill for fiscal years 2026-2027 included various insurance-related provisions affecting department operations, licensing requirements, regulatory oversight authority, and funding for consumer protection programs.

Affects Ohio Department of Insurance operations and regulatory authority across multiple insurance lines through funding and statutory changes.

Effective: 2025-09-30

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