September 28, 2012

The Ohio Department of Insurance is considering amending two Ohio administrative rules relating to (1) Insurance Producer Continuing Education (Ohio Rev. Code Ann. § 3901-5-01) and (2) Insurance Producer License Renewal Fees (§ 3901-5-09). The purpose for amending rule 3901-5-01 is to clarify that Ohio resident agents must successfully complete their required number of CE hours before requesting their license renewal and to require the CE provider or Superintendent to post the CE credits; and the purpose for amending 3901-5-09 is to reduce the fees for late filing of a renewal application during the renewal period (from $100 to $50) and during the reinstatement period (from $300 to $100) and to give the Superintendent authority to waive such fees due to extenuating circumstances. The Ohio DOI will hold a public hearing at 11:00 am on Tuesday October 9, 2012 at the Department offices, 50 W. Town Street, 3rd Floor, Suite 300, Columbus, OH 43215. Written comments may also be submitted electronically before Tuesday, October 9th.