Ohio News

Agent Appointment Fee Reduction in Ohio Expected to Save Insurers $11.3M

A reduction in the fee insurance companies pay to “appoint” insurance agents is expected to result in $11.3 million in reduced annual costs, Lieutenant Governor and Department of Insurance Director Mary Taylor announced. An amended rule took effect in Ohio on …

Toledo, Ohio Food Truck Rules Would Require $1M in Liability Insurance

Proposed regulations for food trucks in a northwestern Ohio city have gone back to the mayor for more discussion after opposition from supporters of the mobile businesses. The Blade newspaper in Toledo reports that Toledo City Council declined to vote …

Tornado, Severe Storms Damage Homes in Ohio

Parts of Ohio are again cleaning up after severe storms rolled through — including a tornado that touched down in northeast Ohio. The National Weather Service confirmed a high EF1 or EF2 tornado touched down on June 23 evening in …

New Ohio Drilling Policy May Be Good for Oil & Gas, Insurance Industries

Ohio in mid-April 2014 enacted stricter regulations for oil and gas drilling near faults or areas of past seismic activity, a move that some, including insurers, may view as a step in the right direction. The Ohio Department of Natural …

Former Ohio Insurance Agent Gets Jail Time on Fraud-Related Charges

Former West Mansfield insurance agent Robert Horney, of Marysville, Ohio, was sentenced in Logan County Common Pleas Court to serve 60 days in jail, five years on community control and ordered to pay more than $21,000 in restitution for multiple …

Ohio Sees Drop in Fatal Motorcycle Crashes

Motorcycle fatalities in Ohio have dropped by 21 percent since 2010, according to state statistics. Statistics show 133 motorcycle fatalities last year; 163 in 2012; 166 in 2011; and 168 in 2010. So far this year there have been 28. …

Nelson Named Chief Marketing Officer at American Modern Insurance

Amelia, Ohio-based American Modern Insurance Group appointed Tammy Nelson as senior vice president and chief marketing officer. She will be responsible for the direction and management of the marketing and promotion of the organization’s products and services. Nelson most recently …

State Auto Acquires Partners General Insurance Agency

Columbus, Ohio-based State Automobile Mutual Insurance Co. (State Auto) has completed its purchase of Partners General Insurance Agency (PGIA), a managing general underwriter specializing in excess and surplus lines general liability and excess liability insurance. With offices in California, Illinois …

Ohio Insurance Director: New Insurance Reforms Benefit Consumers

Lieutenant Governor and Department of Insurance Director Mary Taylor says the passage of reforms to Ohio’s insurance law will help maintain the strength and competitiveness of Ohio’s insurance marketplace while also providing new consumer protections. Under Senate Bill 140, which …

PCI Backs Ride Sharing Rules in Columbus, Wants Chicago to Wait

A property/casualty insurance trade group is supporting proposed ride sharing regulations in Columbus, Ohio, but is urging the city council in Chicago, Ill., to delay action on proposed rules in that city. The Property Casualty Insurers Association of America (PCI) …