Insurance Journal » Ohio http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 29 May 2015 17:49:00 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.2 Ohio Group Unveils Plan to Deal With Cyberattacks http://www.insurancejournal.com/news/midwest/2015/05/20/368861.htm Wed, 20 May 2015 16:40:41 +0000 http://www.insurancejournal.com/?p=368861 A group of politicians, law enforcement members and business leaders has given its blueprint for how Ohio communities can deal with cyberattacks to the state Emergency Management Agency. The Columbus Dispatch reported the Cybersecurity Work Group unveiled its report on …

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North Named President, Personal Lines at Grange Insurance http://www.insurancejournal.com/news/midwest/2015/05/12/367781.htm Tue, 12 May 2015 16:39:03 +0000 http://www.insurancejournal.com/?p=367781 Grange Insurance, headquartered in Columbus, Ohio, has named John North president of personal lines. In this role, North will be responsible for the overall growth and profitability of the company’s personal lines book of business, including product development and pricing, …

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LaRocco Officially Named President, CEO at State Auto http://www.insurancejournal.com/news/midwest/2015/05/11/367568.htm Mon, 11 May 2015 16:45:56 +0000 http://www.insurancejournal.com/?p=367568 The shareholders of State Auto Financial Corp. elected Michael E. LaRocco as a director of the company at its 2015 annual shareholders meeting. LaRocco was also officially named president and chief executive officer of the company, succeeding Robert P. Restrepo …

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Ohio Ice Cream Maker Traces Listeria to Pint-Filling Machine http://www.insurancejournal.com/news/midwest/2015/05/08/367417.htm Fri, 08 May 2015 15:58:46 +0000 http://www.insurancejournal.com/?p=367417 Jeni’s Splendid Ice Creams says it has traced the source of listeria in its Ohio production facility to a pint-filling machine. CEO John Lowe says in a statement that the company will never be sure how the bacteria got into …

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Cornerstone Broker Insurance Services Opens Office in Northeast Ohio http://www.insurancejournal.com/news/midwest/2015/05/06/367102.htm Wed, 06 May 2015 16:29:20 +0000 http://www.insurancejournal.com/?p=367102 Cornerstone Broker Insurance Services Agency announced it has opened a new office in Independence, Ohio. The new office will provide health insurance resources, educational programs, carrier contracting/licensing, compliance updates and other related support services to brokers and independent insurance agents. …

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Listeria Leads Ohio’s Jeni’s Splendid Ice Creams to Destroy 265 Tons of Product http://www.insurancejournal.com/news/midwest/2015/04/30/366422.htm Thu, 30 Apr 2015 16:49:43 +0000 http://www.insurancejournal.com/?p=366422 Jeni’s Splendid Ice Creams is destroying more than 265 tons of ice cream after listeria was found in the production facility and in products last week. CEO John Lowe says in a statement that the product to be destroyed amounts …

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Westfield CEO Clay Named Chair of Team Northeast Ohio http://www.insurancejournal.com/news/midwest/2015/04/21/365191.htm Tue, 21 Apr 2015 16:08:01 +0000 http://www.insurancejournal.com/?p=365191 Jim Clay, chairman and CEO of the Ohio-based insurance and financial services company, Westfield Group, has been named chairman of the private sector business development group, Team Northeast Ohio (Team NEO). Team NEO is a regional collaboration of Northeast Ohio’s …

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Feds: Ohio Flood-Control Project Would Cost $66M http://www.insurancejournal.com/news/midwest/2015/04/15/364492.htm Wed, 15 Apr 2015 16:46:39 +0000 http://www.insurancejournal.com/?p=364492 A plan to reduce flooding along the Blanchard River in northwestern Ohio, which includes building a 10-mile channel to divert water away from downtown Findlay, would cost nearly $66 million, according to the federal agency overseeing the project. The price …

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Chubb Countersues Owners of Ohio Mansion Gutted by Fire http://www.insurancejournal.com/news/midwest/2015/04/09/363933.htm Thu, 09 Apr 2015 23:48:30 +0000 http://www.insurancejournal.com/?p=363933 An insurance company is suing the owners of a $4 million mansion that burned to the ground in suburban Cincinnati, Ohio, last year. Chubb National Insurance Co. recently filed a lawsuit in federal court in Cincinnati in response to one …

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LaRocco to Take Over as State Auto President, CEO in May http://www.insurancejournal.com/news/national/2015/03/30/362540.htm Mon, 30 Mar 2015 15:58:10 +0000 http://www.insurancejournal.com/?p=362540 Ohio-based State Auto Financial Corporation and State Automobile Mutual Insurance Company (State Auto Mutual) hired Michael E. LaRocco as president and chief executive officer. LaRocco officially takes over the duties of current President and CEO Robert P. Restrepo Jr. on …

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Electronic Proof of Insurance Accepted in Ohio Beginning March 23 http://www.insurancejournal.com/news/midwest/2015/03/20/361433.htm Fri, 20 Mar 2015 16:46:38 +0000 http://www.insurancejournal.com/?p=361433 Effective March 23, 2015, Ohio motorists will now be able to show proof of financial responsibility to traffic violations bureaus, courts, Bureau of Motor Vehicles (BMV) and/or law enforcement through use of an electronic wireless communications device, the insurance department …

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Cincinnati-Based American Financial Group Promotes Weiss to VP http://www.insurancejournal.com/news/midwest/2015/03/20/361414.htm Fri, 20 Mar 2015 16:35:58 +0000 http://www.insurancejournal.com/?p=361414 Insurance holding company American Financial Group Inc., headquartered in Cincinnati, Ohio, has promoted Mark A. Weiss to vice president. Weiss joined AFG in 2010 and most recently served as assistant vice president and assistant general counsel. In addition, he serves …

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Largent Tapped to Take the Reins at Ohio’s Westfield Group http://www.insurancejournal.com/news/midwest/2015/03/11/360216.htm Thu, 12 Mar 2015 02:31:02 +0000 http://www.insurancejournal.com/?p=360216 Westfield, Ohio-based banking and insurance organization, Westfield Group, has selected Edward J. Largent III to succeed James R. Clay as company leader, president and CEO. The transition will occur July 1, 2015. Clay will remain as chairman of the board until …

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Ohio Measure Would Allow Workers’ Comp for Police PTSD http://www.insurancejournal.com/news/midwest/2015/03/11/360208.htm Thu, 12 Mar 2015 02:11:02 +0000 http://www.insurancejournal.com/?p=360208 Ohio’s emergency responders diagnosed with post-traumatic stress disorder could be eligible for workers’ compensation benefits even if they don’t have physical injuries under proposed legislation a state Senate panel is considering. It would apply to police and other peace officers, …

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Ohio Democrats Want State to Create Health Insurance Exchange http://www.insurancejournal.com/news/midwest/2015/03/06/359715.htm Fri, 06 Mar 2015 17:27:08 +0000 http://www.insurancejournal.com/?p=359715 Democratic lawmakers in Ohio want the state to consider creating its own health insurance exchange as the U.S. Supreme Court hears a challenge to President Barack Obama’s health care law. People can find health coverage through the exchanges, or marketplaces, …

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Ohio-Based Central Insurance Appoints White to Board of Directors http://www.insurancejournal.com/news/midwest/2015/03/06/359586.htm Fri, 06 Mar 2015 06:32:44 +0000 http://www.insurancejournal.com/?p=359586 The Central Insurance Companies, headquartered in Van Wert, Ohio, has appointed John E. White to the board of directors for Central Mutual Insurance and All America Insurance Companies, and the Central Insurex Agency effective Feb. 27, 2015. White has also …

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5 Members of Alleged Ohio Auto Insurance Fraud Ring Indicted http://www.insurancejournal.com/news/midwest/2015/03/05/359576.htm Thu, 05 Mar 2015 17:27:42 +0000 http://www.insurancejournal.com/?p=359576 Five Cincinnati-area residents have been indicted on multiple counts of alleged insurance fraud for filing a significant number of false insurance claims in 2014 totaling approximately $85,000, the Ohio Department of Insurance announced. The department alleges that as part of …

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Ohio Sues BP for $33M Over Tank Leak Cleanup Costs http://www.insurancejournal.com/news/midwest/2015/03/02/359050.htm Tue, 03 Mar 2015 01:47:21 +0000 http://www.insurancejournal.com/?p=359050 BP Plc double dipped by taking a total of more than $33 million from an Ohio compensation fund and insurers to clean up leaks from underground storage tanks, according to the state’s attorney general. Attorney General Mike DeWine and Ohio’s …

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Ohio House Passes Bill Protecting Skilled Volunteers from Liability http://www.insurancejournal.com/news/midwest/2015/02/27/358853.htm Fri, 27 Feb 2015 17:11:52 +0000 http://www.insurancejournal.com/?p=358853 The Ohio House has passed a bill that gives legal protection to certain volunteers who provide service and expertise during emergencies. The measure gives architects, engineers, surveyors and tradespersons immunity from civil liability for errors or omissions that may occur …

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15 Children Killed in Ohio Fires in 2014, 11 So Far This Year http://www.insurancejournal.com/news/midwest/2015/02/25/358606.htm Wed, 25 Feb 2015 16:24:58 +0000 http://www.insurancejournal.com/?p=358606 Fires killed 15 children in Ohio last year and have claimed at least 11 young lives in just the first two months of 2015, according to the state fire marshal’s office. Many factors affect those statistics, but the chief of …

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City’s Refusal to Pay for Sinkhole Damage Upsets Ohio Driver http://www.insurancejournal.com/news/midwest/2015/02/24/358482.htm Tue, 24 Feb 2015 17:27:23 +0000 http://www.insurancejournal.com/?p=358482 A truck owner says the city of Dayton should compensate him for sinkhole damage that left his truck inoperable. The Dayton Daily News reports that 52-year-old Mike McDonald is infuriated that the city rejected his $10,000 claim. He says the …

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Ohio Cancer Cluster Suit Against Whirlpool Dropped http://www.insurancejournal.com/news/midwest/2015/02/22/358299.htm Mon, 23 Feb 2015 02:58:01 +0000 http://www.insurancejournal.com/?p=358299 Families whose children have been among dozens sickened in a northern Ohio cancer cluster have dropped their federal lawsuit linking the illnesses to Whirlpool Corp.’s washing machine factory. The families asked this past week to drop the suit although the …

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Ohio’s Supreme Court Affirms State’s Power to Regulate Oil and Gas http://www.insurancejournal.com/news/midwest/2015/02/18/357754.htm Wed, 18 Feb 2015 17:19:34 +0000 http://www.insurancejournal.com/?p=357754 Certain local zoning laws can’t be used to supersede Ohio’s state-level system for regulating oil and gas drilling, a fiercely divided Ohio Supreme Court has ruled. In a 4-3 decision with three written dissents, the high court said that the …

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Ohio Insurance Department Reveals Top Fraud, Enforcement Cases http://www.insurancejournal.com/news/midwest/2015/02/11/357194.htm Wed, 11 Feb 2015 17:06:47 +0000 http://www.insurancejournal.com/?p=357194 Lieutenant Governor and Insurance Director Mary Taylor announced Ohio’s top fraud and enforcement cases for 2014 investigated by the Ohio Department of Insurance. During the calendar year, the department processed 7,173 allegations of agent misconduct and insurance fraud, initiated 1,709 …

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Ohio Insurance Director Warns Insurers Against Use of Price Optimization http://www.insurancejournal.com/news/midwest/2015/02/10/357069.htm Tue, 10 Feb 2015 17:41:09 +0000 http://www.insurancejournal.com/?p=357069 Lieutenant Governor and Department of Insurance Director Mary Taylor has warned Ohio insurers against the use of price optimization that can result in unfair discrimination. Taylor recently issued Bulletin 2015-01, dated Jan. 29, to Ohio insurance companies noting that the …

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Feds: Ohio Workplace Fatalities on the Rise http://www.insurancejournal.com/news/midwest/2015/02/09/356933.htm Mon, 09 Feb 2015 17:18:31 +0000 http://www.insurancejournal.com/?p=356933 Workplace fatalities have been rising in Ohio, and federal officials cite lack of attention to safe work practices and training and the existence of younger and newer manufacturing and construction workforces. There had been an estimated 17 fatal workplace accidents …

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Use of Distracted Driver Fines for Driver’s Ed Funding in Ohio Proposed http://www.insurancejournal.com/news/midwest/2015/02/06/356804.htm Fri, 06 Feb 2015 17:26:34 +0000 http://www.insurancejournal.com/?p=356804 The state of Ohio is proposing more fines for distracted driving, with the money going to help subsidize driver’s education courses for those who can’t afford them. The Columbus Dispatch reports that the Drive Toward a Safer Ohio initiative is …

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Though Rising, Ohio Home and Auto Insurance Rates Still Low http://www.insurancejournal.com/news/midwest/2015/02/03/356248.htm Tue, 03 Feb 2015 17:01:51 +0000 http://www.insurancejournal.com/?p=356248 Combined, average homeowners and auto insurance premiums in Ohio are nearly $500 less than national averages, according to the state’s insurance department. Personal lines premiums in the state are among the lowest in the country, Lieutenant Governor and Department of …

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Nationwide to Move 175 Jobs from Iowa to Ohio http://www.insurancejournal.com/news/midwest/2015/02/02/356145.htm Mon, 02 Feb 2015 17:06:47 +0000 http://www.insurancejournal.com/?p=356145 Nationwide Mutual Insurance Co. has plans to move 175 jobs out of Des Moines, Iowa, to its Ohio headquarters. Company spokesman Eric Hardgrove tells the Des Moines Register the company’s home mortgage operations will be relocated to headquarters in Columbus, …

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Ohio’s Westfield Insurance Expands Responsibilities of Leadership Team http://www.insurancejournal.com/news/midwest/2015/01/30/355845.htm Fri, 30 Jan 2015 06:22:22 +0000 http://www.insurancejournal.com/?p=355845 Westfield Insurance, a super-regional property/casualty insurance carrier based in Westfield, Ohio, announced the following changes to its leadership team: Mike Prandi has been named to the new role of insurance operations leader. He is responsible for the delivery of sales …

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