Ohio Insurance Laws and Regulations Practice Exam

The correct answer centers around Ohio Revised Code § 3901.311, which specifically addresses the confidentiality of insurance policies. This code outlines the obligations of insurance companies to safeguard personal and private information obtained from policyholders. It ensures that sensitive data remains protected from unauthorized disclosure, providing a legal framework for maintaining the confidentiality of insurance transactions.

Ohio Revised Code § 3901.311 establishes clear guidelines for how personal information must be handled and emphasizes the importance of privacy in insurance dealings. Compliance with this law is crucial for insurance companies operating in Ohio, as it not only fosters trust with customers but also aligns with broader legal standards concerning data protection.

While laws like the Uniform Insurance Code and the Consumer Insurance Information Act may touch on various facets of insurance operations, they do not specifically focus on the confidentiality of policies in the same way. Similarly, while the Privacy Protection Act may offer a general framework for privacy, it doesn’t directly address the confidentiality of insurance-related information like the Ohio Revised Code § 3901.311 does.