Fair Plan Underwriting Association, Ohio, Board of Governors
Status
Type of Board
Full-time
Expiration Date
Current
Permanent
No
Subject to Sunset Review
Partisan Affiliation Restriction
Senate Confirmation Required
No
No
Yes
Authority
Total Membership
R.C. 3929.43(G) and (I)
12
Dates of Appointment
Term Length
1 on September 19 of each year (Governor's appointees)
2 years
Ending Date Of Term
Report Requirements
September 18 (Governor's appointees)
Adopt written program for decreasing overall utilization of the Fair Plan Underwriting Association as a source of insurance
Appointment Authority
Membership Composition
Governor, Other
Members with other stated qualifications, Public members
Compensation
Staff Assistance
Not Specified
None specified
Chairperson
Additional Information
Not specified
Qualifications
4 appointed by Governor with advice and consent of Senate: 3 who are not a salaried employee, director, officer, agent, or substantial shareholder of an insurance company (not more than 2 of these three members may be mambers of same political party), and 1 who is a licensed agent writing basic property insurance for more than one insurer; and 8 representatives of member companies of the Association, at least 5 of whom are Ohio domiciled members, elected annually by accumulated voting at a meeting of the members of the Association. Not more than one insurer in a group under the same management or ownership can serve on the Board at one time.