ohio insurance institute News

Ohio’s Financial Responsibility Law in Effect; Will Higher Auto Insurance Rates Follow?

While Ohio has traditionally had some of the lowest auto insurance premium rates in the country, going forward some Ohioans may see their rates rising. That’s because an increase in the state’s minimum limit of coverage for financial responsibility went …

Losses from Ohio Summer Storms Higher than Initial Estimate

Updated data indicates insured losses from storms that socked Ohio in late June and early July totaled $845 million in the state, or nearly double the initial estimate released by an insurance industry trade group. The series of storms between …

Ohio Insurance Institute Launches Insurance Careers Website

The Ohio Insurance Institute (OII) announced it has launched www.InsuranceCareers.org, a new website dedicated to providing information on the variety of career opportunities within the insurance industry. The OII, a property/casualty insurance trade association, said its primary goal is to …

In the Workplace, What Do Millennials Want?

There’s a lot of talk in property/casualty insurance circles these days about how the industry is going to replace the huge wave of baby boomers that are beginning to retire and will continue to do so into the next decade. …