Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
Arthur J. Gallagher Buys Ohio Benefits Broker Herbruck, Alder
Dec 17 2010 // Illinois-based global insurance broker Arthur J. Gallagher & Co. reports it has acquired Herbruck, Alder & Co., an employee benefit brokerage located in Cleveland, Ohio. Terms of the transaction were not...
Former Ohio Clinical Counselor Pleads Guilty to Insurance Fraud
Dec 15 2010 // A former clinical counselor in the Finlay, Ohio-area has pled guilty to insurance fraud. Authorities say John Blain Frankenburg, also known as Blain J. Frankenburg, fraudulently billed two insurance companies more than...
Ohio to Require Electronic Funds Transfer for Insurance Product Filings
Dec 5 2010 // Beginning Jan. 1, 2011, the Ohio Department of Insurance will require fees for rate, rule and form filings be filed via the System for Electronic Rate and Form Filings (SERFF) Electronic Funds Transfer (EFT), Ohio...
Ratings: Cherokee/Oakland, Wayne Mutual, Executive, United Fire, Mercer
Dec 3 2010 // A.M. Best Co. has upgraded the financial strength rating to ‘A’ (Excellent) from ‘A-‘ (Excellent) and issuer credit rating (ICR) to “a” from “a-” of Cherokee Insurance...
Auto, Homeowners Insurance Costs in Ohio Well Below National Average
Nov 30 2010 // Ohio consumers pay $226 less for homeowners insurance than the U.S. average and nearly $167 less for auto insurance than the U.S. average, according to a report updated by the Ohio Insurance Institute (OII). The homeowners...
Columbus, Ohio, OKs Benefits for City Workers’ Partners
Nov 29 2010 // Ohio’s largest city will offer domestic partner benefits to its employees a dozen years after a similar plan was canceled under public pressure. The Columbus City Council has approved health insurance coverage for...
Ohio Insurance Department Unveils New Premium Comparisons
Nov 29 2010 // Ohio Department of Insurance Director Mary Jo Hudson announced a new online tool designed to educate and assist Ohioans in finding auto insurance that fits their needs. The Auto Insurance Sample Premium Calculator,...
Gov.-Elect Kasich Names Sen. Buehrer to Head Ohio Workers’ Comp Bureau
Nov 24 2010 // Ohio Governor-elect John Kasich named Senator Steve Buehrer as administrator of the Bureau of Workers’ Compensation. Buehrer, a Republican from Delta, becomes the fourth agency director of the Kasich...
Ohio to Require Electronic Funds Transfer for Insurance Product Filings
Nov 23 2010 // Beginning Jan. 1, 2011, the Ohio Department of Insurance will require fees for rate, rule and form filings be filed via the System for Electronic Rate and Form Filings (SERFF) Electronic Funds Transfer (EFT), Ohio...
Ohio Workers’ Comp Administrator Ryan Resigns
Nov 22 2010 // Ohio Bureau of Workers’ Compensation Administrator Marsha Ryan has resigned, effective Jan. 9, 2011. Ryan was appointed by Governor Ted Strickland and has served as BWC’s administrator since May 2007....
Burns & Wilcox Acquires Ohio Wholesale Agency
Nov 19 2010 // Independent wholesale broker and underwriting manager Burns & Wilcox, based in Farmington Hills, Mich., has acquired NorthCoast Excess & Surplus Agency – a wholesale brokerage and underwriting manager based...
Ohio Workers’ Compensation Bureau Manager Quit Amid Ethical Questions
Nov 15 2010 // A manager at Ohio’s insurance fund for injured workers has resigned amid ethical questions about whether his private side business benefited from connections he made while on the state payroll. Documents provided to...
Business Moves
Nov 14 2010 // AIM, Quincy Mutual A.I.M. Mutual Insurance Cos. and Quincy Mutual Group will join forces to create the Commercial Solutions Underwriting Alliance, a business arrangement designed to meet the commercial lines product needs...
Elections Stir Up Political Mix in Midwest
Nov 14 2010 // Republicans made big gains across the United States – and the Midwest was no exception – in the November 2 midterm elections. Across the country, GOP gains gave the party its largest number of seats in state...
Business Moves
Nov 14 2010 // Ohio Mutual, Casco Indemnity Ohio Mutual Insurance Group (OMIG) agreed to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is...
Accomplice in Ohio Fraud Scheme Sentenced to 6-Month Jail Term
Nov 11 2010 // An accomplice in an insurance fraud scheme in Ohio has been sentenced to a six-month jail term and must pay restitution and fines totaling more than $131,000, Ohio Department of Insurance Director Mary Jo Hudson...
Westfield Insurance Gives $20K in Arson-Fighting Gear to Ohio City
Nov 10 2010 // An Ohio-based insurance company is donating more than $20,000 worth of arson investigation gear to Toledo, which has seen a rash of vacant house fires. Westfield Insurance says the gift presented to the city on Tuesday...
GOP Adds Governorships in Midwest
Nov 4 2010 // Midwestern states were among those that added to Republican gains in governor’s offices across the country on Nov. 2. Iowa, Kansas, Michigan, Ohio and Wisconsin are among the states that voted to replace Democrats in...
Ohio Mutual Insurance to Acquire New England’s Casco Indemnity
Nov 2 2010 // Ohio Mutual Insurance Group (OMIG) has reached an agreement to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is expected to...
Ohio’s Healthcare Underwriters Group Returns 3rd Consecutive Dividend
Oct 29 2010 // Medical liability insurer Healthcare Underwriters Group Mutual of Ohio announced a $1 million dividend to its policyholders/owners. In the last 30 months the group has distributed $3.5 million in dividends to its doctor...
