Latest Ohio Headlines

All the headlines from our Ohio Topic Page, ordered by recency.

Business Moves

May 21 2007 // Hilb Rogal & Hobbs, Global Special Risks Hilb Rogal & Hobbs Co. (HRH) acquired the operating assets of Global Special Risks LLC, effective May 1, 2007. The terms of the transaction were not disclosed. Global...

Ohio American Modern Insurance Offers Incentive Program for Agents

May 8 2007 // The companies of American Modern Insurance Group, a national specialty insurance leader, are sponsoring a sweepstakes designed to demonstrate the ease of use of their on-line modernLINK suite of applications, most notably...

A.M. Best Affirms Liberty Mutual, Ohio Casualty Ratings

May 8 2007 // Ratings agency A.M. Best Co. reported that its ratings of Liberty Mutual Insurance Companies in Boston and and its subsidiaries along with those of The Ohio Casualty Corp. of Fairfield, Ohio. remain unchanged following the...

Violence in schools: Having a plan is key to survival

May 7 2007 // It’s a parent’s worst nightmare: worrying about the safety of a child. But many parents were thrown into that situation on April 16. As the nation well knows by now, on that day, student Seung-Hui Cho unleashed...

Ohio’s New Teen Driving Law Leads Some Companies to Lower Rates

Apr 27 2007 // Ohio’s new law restricting young drivers is saving some people money on car insurance bills because the companies believe the regulations will lower accident rates. Some insurance companies lowered teen driver rates...

Business Moves

Apr 23 2007 // Houston General Houston General Insurance Exchange plans to begin offering personal lines products — including coverage for automobiles, homes, condominiums, watercraft and personal liability — to Illinois...

New Ohio Law Allows Rate Reduction for 16-Year-Old Drivers

Apr 20 2007 // A recent changes in Ohio’s Graduated Driver License law, will allow a rate reduction for 16-year-old drivers. The reduction will be made available to new policyholders beginning June 1, 2007, according to...

N.D. Workers’ Comp Director, Investigator Face Criminal Charges

Apr 20 2007 // North Dakota’s workers compensation director was put on leave Wednesday after criminal charges were filed against him and the agency’s top fraud investigator involving questionable spending on gifts and...

Ohio Grange Insurance Appoints Newest Board Member

Apr 19 2007 // Columbus, Ohio-based Grange Mutual Casualty Co. has announced that it has appointed M. Marnette Perry as its newest board member. Perry is senior vice president for The Kroger Co., one of the nation’s largest retail...

Ohio Oak Hill Financial Acquires Meeker & Meeker Agency

Apr 19 2007 // Oak Hill Financial, Inc. has announced that its insurance affiliate, Oak Hill Financial Insurance Agency, Inc., has acquired the assets of Meeker & Meeker, Inc., a privately-held insurance agency located in Franklin,...

Three More Charged in Probe of Ohio Workers’ Comp Bureau

Apr 19 2007 // Three former employees of the state’s insurance fund for injured workers were charged with accepting golf outings, meals and other items from investment firms seeking to do business with the state, authorities said...

Tornado Losses in N.J., Conn., Ohio Could Top Those of Great Plains States

Apr 18 2007 // Most people associate tornado activity with the “Tornado Alley” of the Great Plains states. While this is true in terms of the sheer numbers of tornadoes and losses, surprisingly, catastrophe modeling shows...

Ohio Mayor Says Fire Was Devastating But Town Will Rebound

Apr 16 2007 // A fire in Wauseon, Ohio, that may have started in a restaurant destroyed several nearby buildings and businesses early on April 14, burning most of a downtown block in the heart of this northwest Ohio community. Mayor...

People

Apr 9 2007 // Veteran Chicago financial services executive Michael Fisher has been appointed director of new market development by Country Insurance & Financial Services and will manage its newly created Chicago district office....

Top 20 Banks in Insurance Brokerage Fee Income (2006/Nationally)

Apr 9 2007 // Rank 2006 Insurance Brokerage Fee Bank Income Name City, State Web site 1 $973.0 million Citibank N.A. Las Vegas, Nev. www.citibank.com 2 $799.4 million Branch Banking and Trust Co. Winston-Salem, N.C. www.bbt.com 3 $190.1...

Rank 2006 Insurance

Apr 9 2007 // Top 20 Bank Holding Companies in Insurance Brokerage Fee Income (2006/Nationally) Brokerage Fee Bank Income Holding Company Name City, State Web site 1 $1.7 billion Citigroup Inc. New York, N.Y. www.citigroup.com 2 $1.1...

Former Lead Paint Producers Target of Ohio Lawsuit

Apr 5 2007 // Ohio Attorney General Marc Dann has filed suit against paint manufacturers and chemical companies, including one in Illinois, that he alleges continued to make and sell lead paint knowing it presented health hazards. Dann...

U.S. Chamber Says Ohio Lead Paint Lawsuit is ‘Over-reach’

Apr 5 2007 // U.S. Chamber Institute for Legal Reform President Lisa A. Rickard released the following statement on the lawsuit filed against paint manufacturers by Ohio Attorney General Marc Dann: “Lawsuits that rely on the novel...

Ohio Casualty Sponsors Agent Branding Program, The Partnership

Apr 3 2007 // Ohio Casualty Group® today has announced its sponsorship of two key projects of the National Association of Professional Insurance Agents (PIA). The company is an official sponsor of the PIA Branding Program, Local Agents...

Ohio State Auto Completes Purchase of Beacon Insurance Group

Mar 29 2007 // Ohio-based State Automobile Mutual Insurance Co. has completed the purchase of the Beacon Insurance Group of Wichita Falls, Texas. With the acquisition, Texas becomes State Auto’s 29th state of operation, according...