Ohio SB306 regulates electronic signatures in insurance transactions, the Ohio Assigned Risk Insurance Plan, special purpose financial captive.

Ohio SB306 amends the Revised Code to allow insurers to use electronic signatures in transactions, subject to certain conditions. It establishes procedures for the Ohio Assigned Risk Insurance Plan, including registration for insurance agents and handling of applications. The bill also allows insurance companies to sue towing services or storage facilities over disputed bills. It regulates activities of repair facilities, prohibiting certain contracts and disclosures.

Ohio SB306 regulates electronic signatures in insurance transactions, the Ohio Assigned Risk Insurance Plan, special purpose financial captive.

Ohio SB306 amends the Revised Code to allow insurers to use electronic signatures in transactions, subject to certain conditions. It establishes procedures for the Ohio Assigned Risk Insurance Plan, including registration for insurance agents and handling of applications. The bill also allows insurance companies to sue towing services or storage facilities over disputed bills. It regulates activities of repair facilities, prohibiting certain contracts and disclosures.