Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
Ohio AG: Ruling Clears Way for State to Take AIG to Trial
Feb 24 2010 // Ohio Attorney General Richard Cordray announced he is encouraged by a recent federal court ruling granting class certification in the securities litigation against American International Group Inc. (AIG). The ruling in the...
Ohio: Average Payout Per Medical Professional Liability Claim Is $252.5K
Feb 3 2010 // In its fourth annual Ohio Medical Professional Liability Closed Claim Report the Ohio Insurance Department shows a total of 3,080 medical professional liability claims were closed in 2008. The amount of compensation paid...
Ohio Workers’ Comp Bureau Adds Options to Deductible Program
Jan 25 2010 // The Ohio Bureau of Workers’ Compensation (BWC) is expanding a deductible program put in place last year. The large deductible program will offer deductible levels between $25,000 and $200,000 and is intended to give...
Ohio Insurance Department Expands Language Interpretation Service
Jan 25 2010 // The Ohio Department of Insurance has hired Affordable Language Services to provide translation services, Director Mary Jo Hudson announced. The company will be able to answer questions from consumers in more than 150...
People
Jan 24 2010 // Steve Crawford has been named president and chief executive officer at Grinnell Mutual Reinsurance Co., located in Grinnell, Iowa. For the past two years, Crawford has served as the company’s chief operating...
Ohio Partially Upholds Workers’ Comp Ruling Against Former AG Aide
Jan 14 2010 // A committee has partially upheld the state’s decision that a former top aide to fallen Attorney General Marc Dann improperly classified workers at his private construction company when determining his workers’...
Grange Insurance Names James President, CEO
Jan 13 2010 // Grange Insurance, based in Columbus, Ohio, named Robert V. James, 55, as president and CEO effective Jan. 18. Retiring president and CEO Phil Urban will serve in an advisory capacity until Feb. 26 to ensure a seamless...
People
Jan 10 2010 // Global insurance broker and risk advisor Marsh appointed Philip Gawthorpe as Multinational Client Service Practice leader for the Midwest Zone. Gawthorpe, who has more than 30 years of insurance industry experience, will...
Auto Premiums Decline in Ohio; Homeowners Rates Rise
Jan 10 2010 // The Ohio Department of Insurance reports that auto insurance rates in that state declined for the third consecutive year but homeowners rates have risen slightly. The department based its assessments on data released by...
Johnson Joins WRM America as Midwest Regional Marketing Officer
Jan 7 2010 // WRM America, a New York-based specialty insurance and alternative risk management company, reports that Jeffrey S. Johnson has joined WRM America Indemnity Company (WRMAI) as regional marketing officer for the Midwest...
Ohio Says Insurer Failed to Comply With New State Open Enrollment Law
Jan 7 2010 // Ohio Department of Insurance Director Mary Jo Hudson has suspended the business of Chesapeake Life Insurance Company (Chesapeake) in Ohio for failure to file premium rates and forms for open enrollment coverage in...
Homeowners Average Insurance Premiums Up Slightly in Ohio
Dec 30 2009 // Ohio Department of Insurance Director Mary Jo Hudson announced that on average Ohioans paid slightly more for homeowners insurance in 2007 than in 2006, according to a report issued by the National Association of Insurance...
Special Reuters Report: America’s Route to Recovery
Dec 29 2009 // When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school...
Ohio Workers’ Comp Board Adopts New Provider Fee Schedules
Dec 21 2009 // The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors has adopted new fee schedules that will increase overall reimbursements to Ambulatory Surgical Centers (ASC) and Vocational Rehabilitation providers...
Morman Joins Hylant Group as Vice President of Carrier Relations
Dec 14 2009 // Terry Morman has joined Ohio-based insurance brokerage Hylant Group as vice president of Carrier Relations. In this role he will be responsible for developing and managing strategic relationships with carrier partners and...
People
Dec 6 2009 // Des Moines, Iowa-based Principal Financial Group announced that John Aschenbrenner, president of its insurance and financial services division, will retire at the end of 2009 after more than 37 years with the...
Ohio AG Sues National Ratings Agencies Over Securities Information
Dec 6 2009 // Ohio Attorney General Richard Cordray has filed a lawsuit against national securities and credit ratings agencies Standard & Poor’s, Moody’s and Fitch over what the AG’s office called “false...
Auto Premiums in Ohio Decline for Third Consecutive Year
Dec 4 2009 // The Ohio Department of Insurance reports that auto insurance rates in that state have declined for the third consecutive year, according to the 2006/2007 Auto Insurance Database Report just released by the National...
Ohio AG Sues Repair Company Accused of Scamming Fire Victims
Dec 2 2009 // Ohio Attorney General Richard Cordray has sued Columbus Fire Repair (Nation’s Construction LLC) alleging the company targeted and scammed Ohioans whose homes were recently damaged by fire. The lawsuit filed in the...
Ohio Senator Wants to Eliminate Workers’ Comp Insurance for Illegals
Nov 25 2009 // A Republican state senator in Ohio wants to prohibit the nation’s largest state-run injured worker insurance program from providing benefits to illegal immigrants, a change he said should lower business...