Publication Date
2023-06-22
effective date
2023-07-07
jurisdiction
map-marker Ohio
Ohio Insurance (2023 FYR) Rule Review
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)](https://gcc02.safelinks.protection.outlook.com/?url=https%3A%2F%2Finsurance.ohio.gov%2Fwps%2Fportal%2Fgov%2Fodi%2Fabout-us%2Flegal-services%2Frules-open-for-comment&data=05%7C01%7CLeslie.Minnich%40insurance.ohio.gov%7C2dff3fcb73ff49145eda08db1f3be6f6%7C50f8fcc494d84f0784eb36ed57c7c8a2%7C0%7C0%7C638138114354169069%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=R65cLHLCrE7ir61KQbxcuuDOmIFSh%2Br6RgICHEUhF%2BQ%3D&reserved=0). To comment on a rule send an email to [ecomment@insurance.ohio.gov](mailto: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.
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