Ohio Rev. Code Ann. § 3903.33

Payment of unpaid earned premiums

Applied in 1 court decision — leading case 149 Ohio App. 3d 479 - Covington v. Univ. Hosp. of Cleveland (2002)

Most recently applied in 149 Ohio App. 3d 479 - Covington v. Univ. Hosp. of Cleveland (September 2002)

Effective: March 7, 1983; Latest Legislation: House Bill 830 - 114th General Assembly

(A) An agent, broker, premium finance company, or any other person, other than the insured, responsible for the payment of a premium is obligated to pay any unpaid earned premium due the insurer at the time of the declaration of insolvency, as shown on the records of the insurer. The liquidator may recover from such person any part of an unearned commission of such person.

(B) An insured shall be obligated to pay any unpaid earned premium due the insurer at the time of the declaration of insolvency, as shown on the records of the insurer.

Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.