P&COhiohard
Under R.C. Chapter 3960, a risk retention group (RRG) chartered in another state that wants to write liability coverage in Ohio must:
AObtain a full Ohio certificate of authority from the Director and submit every policy form and rate to ODI for prior approval before any liability coverage can be issued or delivered in this state
Register with the ODI Director, submit its chartering-state plan of operations, and pay required fees, but is exempt from most Ohio rate-and-form regulation
CConvert to an Ohio domestic insurer before writing any coverage
DOperate exclusively as a surplus lines insurer through licensed brokers
Why this is the answer
The federal Liability Risk Retention Act (LRRA) preempts most state regulation of foreign-domiciled RRGs. R.C. Chapter 3960 implements that framework: a foreign RRG registers with ODI, submits its chartering-state plan of operations, and is exempt from most Ohio rate, form, and countersignature laws.
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