Insurance rating agencies.

(A) As used in the Revised Code, "insurance rating agency" means A.M. Best Rating Services, Inc., Demotech, Inc., or a rating agency certified or approved by a national entity that engages in an approval process that includes all of the following: (1) A requirement for the rating agency to register and provide an annual updated filing; (2) Record retention requirements; (3) Financial reporting requirements; (4) Policies for the prevention of misuse of material, nonpublic information; (5) Management of conflicts of interest, including prohibited conflicts; (6) Prohibited acts and practices; (7) Disclosure requirements; (8) Required policies, practices, and internal controls; (9) Standards of training, experience, and competence for credit analysts. (B) Any reference in the Revised Code to an entity named in division (A) of this section shall be construed as a reference to any insurance rating agency as defined in division (A) of this section. Any reference in the Revised Code to a specific entity not named in division (A) of this section but otherwise meeting the definition of "insurance rating agency" in division (A) of this section shall be construed as a reference to an insurance rating agency as defined by division (A) of this section.