P&COhioeasy
Which enforcement tool does the ODI Director use to immediately halt an ongoing unfair trade practice by an Ohio insurer or producer?
AA federal criminal indictment
A cease and desist order
CA non-binding advisory bulletin
DMandatory arbitration before the Ohio FAIR Plan
Why this is the answer
Under R.C. 3901.22, when the Director has reason to believe an insurer or producer is engaged in an unfair method of competition or unfair or deceptive act in the business of insurance, the Director issues a cease and desist order after notice and opportunity for hearing.
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