Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
Business Moves
Apr 20 2009 // Munich Re German reinsurer Munich Re has successfully concluded the acquisition of specialty insurer HSB Group from American International Group for $739 million. The deal was originally announced last December. The...
Business Moves
Apr 20 2009 // Nationwide Mutual Insurance Columbus, Ohio-based Nationwide Mutual Insurance Co. on April 3 laid off 480 employees and contractors across the country, a spokesman said. Nationwide has eliminated about 3,000 jobs nationally...
Texting and Driving to Mean Ticketing in Cleveland, Ohio
Apr 15 2009 // Cleveland, Ohio’s city council has voted to outlaw text-messaging while driving in the city. The proposal approved by council members on April 13 now goes to Mayor Frank Jackson and would take effect 90 days after he...
Best Revises Liberty Mutual Group Outlook to Negative; Affirms Ratings
Apr 10 2009 // A.M. Best Co. has revised the outlook to negative from stable for the financial strength (FSR) and issuer credit ratings (ICR) of Liberty Mutual Group, Inc. (LMGI), Liberty Mutual Insurance Companies and Liberty Insurance...
Ohio Tells Businesses to Stop Selling Insurance Without License
Apr 9 2009 // Ohio Department of Insurance Director Mary Jo Hudson has issued a cease and desist order against Thomas J. Sullivan of Turnersville, N.J., and eight companies for allegedly selling insurance products without a...
Ohio Agent Named 2009 PIA National Professional Agent of the Year
Apr 7 2009 // Mike Grushon of Thomas & Grushon Agency in Bellbrook, Ohio, was honored by National Association of Professional Insurance Agents (PIA) with the 2009 PIA National Professional Agent of the Year Award. Grushon received...
Ohio Work Comp System Study Released
Apr 7 2009 // The Ohio Bureau of Workers’ Compensation (BWC) recently announced the release of a year-long comprehensive study of Ohio’s workers’ compensation system. The study, conducted by actuarial insurance experts...
Nationwide Mutual Insurance Cuts 480 Jobs in Latest Layoffs
Apr 6 2009 // Nationwide Mutual Insurance Co., based in Columbus, Ohio, on April 3 laid off 480 employees and contractors across the country, the latest round of job cuts from the insurance giant, a spokesman said. Nationwide has...
Business Moves
Apr 6 2009 // CAA, Bridges Group Inc. Austin, Texas-based Combined Agents of America LLC (CAA) has added Bridges Group Inc., based in Kansas, to its roster of agency members. Since 1894, the Bridges Group has served the region...
‘Granny’ Trucker Generous After Insurance Co. Big Rig Win
Apr 1 2009 // A big-hearted trucker known as “Granny” recently won Cincinnati, Ohio-based Great American Insurance Group’s 2009 Big Rig Giveaway and decided pay her luck forward to fellow truckers. Dianne Smith of...
Ohio Man Sues Continental Over Mileage-Award Fees
Mar 26 2009 // An Ohio man is suing Continental Airlines Inc. for raising the number of miles needed to earn a free trip and then charging him $75 to book the flight. David Simon’s lawyer asked a federal court to approve...
Ohio’s Motorists Mutual Joins Federal Home Loan Bank
Mar 26 2009 // Motorists Mutual Insurance Company (Motorists) of Columbus, Ohio, reported it has been approved for membership at Federal Home Loan Bank of Cincinnati (FHLBank). With $1.2 billion in assets and rated A (Excellent) by A.M....
Largent, Rosenberg Named Executive Officers at Ohio’s Westfield Group
Mar 23 2009 // Ed Largent is now chief administrative officer and Stuart Rosenberg is chief technology officer at Westfield Group of Ohio. Largent assumes responsibility for corporate oversight of human resources, information technology,...
Reisling Joins Motorists Mutual Commercial Lines in Ohio, Michigan
Mar 19 2009 // Kelly Reisling is joining Motorists Mutual Insurance Co. as assistant vice president, Commercial Lines Division, responsible for the Ohio and Michigan territories. Reisling brings 20 years of experience to the position....
Top 5 Reasons Ohioans File Insurance Complaints
Mar 16 2009 // Claim denials from insurance companies were the number one complaint of Ohio insurance consumers in 2008, according to statistics released by the Ohio Department of Insurance. Nearly one-third of the 6,506 consumer...
Ohio Windstorm Losses in Feb. Reach Nearly $89M; Ike Losses Rise
Mar 16 2009 // Ohio’s Feb. 11-12 windstorm caused at least $88.9 million in damages, based on preliminary insured loss estimates from the Ohio Insurance Institute (OII), an insurance industry trade group. Widespread losses were...
Ohio to Crack Down on Employee Misclassification
Mar 9 2009 // Ohio Attorney General Richard Cordray announced that state agencies are collaborating to combat the misclassification of employees as independent contractors to avoid taxes and workers’ compensation...
Group to Buy Land to Stop Flooding in 2 Northwest Ohio Towns
Mar 4 2009 // A group looking for ways to prevent another serious flood in northwest Ohio said it will use $3 million in state aid to buy homes and land along the Blanchard River in two hard-hit towns. Buying the low-lying properties in...
Gen Re to Pay $72M for Finite Reinsurance Transaction
Feb 26 2009 // General Re Corp., a reinsurance unit of billionaire Warren Buffett’s Berkshire Hathaway Inc., agreed to pay $72 million to settle investor claims about its role in a fraudulent transaction involving American...
Ohio Approves New Workers’ Compensation Deductible Program
Feb 23 2009 // The Ohio Bureau of Workers’ Compensation has created a new deductible program, the first-ever for BWC, it says will give employers better control of their workers’ compensation insurance spending and provide an...
