State RegulationsOH specificDifficulty 1/5
After executing an agency contract with a new producer, an Ohio insurer must file the producer's notice of appointment with the Superintendent within:
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Answer & full 3-part explanation (select an option above, or peek)
Why D is correct
ORC 3905.20 and OAC 3901-5-09(K) require an insurer to file a notice of appointment with the Superintendent within 30 days after the agency contract is executed or after the first application is submitted, whichever applies. The filing creates the official record that the producer is authorized to sell that insurer's products, and commissions may not be paid for sales made while the producer is unappointed.
Why the other options are wrong
- A) 45 days exceeds the statutory window; the notice of appointment must be filed within 30 days.
- B) 10 days is shorter than the statutory period and does not describe the appointment-filing deadline.
- C) 90 days is far past the 30-day filing requirement and would leave the producer unappointed for an impermissible period.
Memory hook
Appointment paperwork: 30 days to file after contract or first application.