Ohio sent out an email regarding proposed amendments that have been posted for public review and comment.
This message is to inform you that the following rules have been posted for public review. Rule comments may be submitted electronically during the comment period. The comment period end date is 07/07/2023 at 12:00 a.m.
3901-6-08 AmendVariable life insurance
3901-6-10AmendValuation of life insurance policies
3901-6-10.1AmendSmoker/nonsmoker mortality tables
3901-6-10.2AmendGender blended mortality tables
3901-6-15AmendPreneed life insurance minimum standards for determining reserve liabilities and nonforfeiture values.
Links to the rule and its respective business impact analysis (BIA) along with information about the comment process, are available at Rules Open For Comment | Department of Insurance (ohio.gov).
To comment on a rule send an email to ecomment@insurance.ohio.gov.
If you have any questions call 614-644-2640.
AgentSync Actions
Our compliance experts are constantly searching for and analyzing industry updates.
Their findings are then recorded in the Regulatory Updates section of the Compliance
Library to explain how the update impacts the insurance industry. If a change
impacts an
AgentSync product, this will be highlighted to inform you that the product is being
updated to ensure you remain in compliance.
analyzed
pending
effective
This update has been reviewed by AgentSync compliance experts for industry impact and necessary automation in the AgentSync platform.
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analyzed
Our compliance experts have identified the update and analyzed it for impact on both the industry and AgentSync products.
pending
The time between the update's publication date and effective date.
effective
The date the update takes effect.
released
This means an AgentSync product was updated as a result of this change and the update is now live in our product(s).