NU Online News Service, Jan. 17, 12:12 p.m. – The Ohio House Insurance Committee is considering a bill, S.B. 171, that would eliminate a law requiring the majority of the directors of a domestic life insurance company to be residents of Ohio.
The Senate passed the bill Oct. 17.
The sponsor of the bill is Sen. Scott Nein, R-Middletown.
The full text is available on the Web, at http://www.legislature.state.oh.us/bills.cfm?ID=124_SB_171