Key Takeaways
- Ohio P&C insurance licenses are valid for 2 years and must be renewed before expiration
- Renewal requires 24 hours of continuing education, including 3 hours of ethics
- Licenses expired more than 12 months require retaking the state exam
- Address changes must be reported to ODI within 30 days
- ODI can discipline licensees including suspension, revocation, or fines
License Maintenance and Continuing Education
Ohio P&C insurance licenses require ongoing maintenance through continuing education and timely renewal.
License Terms and Renewal
| Item | Requirement |
|---|---|
| License Term | 2 years |
| Renewal Fee | $50 |
| Late Renewal (up to 30 days) | $50 + late fee |
| Expired 30 days - 12 months | May reinstate with CE and fees |
| Expired Over 12 Months | Must retake exam |
Continuing Education Requirements
Ohio requires 24 hours of continuing education (CE) every 2 years:
CE Requirements
| Requirement | Hours |
|---|---|
| Total CE Hours | 24 |
| Ethics (required) | 3 |
| Electives | 21 |
| CE Period | 2 years (matches license term) |
Exam Tip: Ohio requires 3 hours of ethics in the 24 hours of CE. Remember "24/3" for Ohio CE requirements.
CE Course Requirements
- Must be completed at ODI-approved providers
- Online and classroom options available
- Cannot repeat same course within 2-year period
- CE must be completed BEFORE license expiration
- Carry-over credits generally not permitted
CE Exemptions
First-time licensees may be exempt from CE for the first renewal period if licensed within 6 months of the renewal date.
Reporting Requirements
Ohio producers must notify ODI of changes within 30 days:
- Change of business address
- Change of residence address
- Change of name
- Administrative actions by other states
- Criminal charges or convictions
Disciplinary Actions
ODI can take disciplinary action against licensees for violations:
Types of Discipline
| Action | Description |
|---|---|
| Warning Letter | Minor first offense |
| Probation | License continues with conditions |
| Suspension | Temporary loss of license |
| Revocation | Permanent loss of license |
| Fine | Monetary penalty per violation |
| Restitution | Payment to harmed parties |
Common P&C Violations
- Misrepresentation of policy terms or coverage
- Twisting (replacing policies for commission)
- Rebating (offering unauthorized inducements)
- Unfair claims practices
- Commingling of funds
- Failure to maintain CE requirements
- Failure to report address changes
License Status Types
| Status | Meaning |
|---|---|
| Active | License current and in good standing |
| Inactive | Not actively practicing |
| Expired | License term ended, not renewed |
| Suspended | Temporary disciplinary action |
| Revoked | License permanently cancelled |
Appointing Companies
P&C agents must be appointed by insurers to sell their products:
- Appointment Required: Before selling insurer's products
- Appointment Fee: Per company
- Termination Reporting: Insurers must report terminations to ODI
- For Cause Terminations: May trigger ODI investigation
Exam Tip: Ohio requires appointments before selling, unlike some states that allow transactions before appointment.
How many hours of continuing education does Ohio require for P&C license renewal?
How many hours of ethics CE does Ohio require per 2-year renewal period?