Ohio Department of Insurance News

Ohio Home, Auto Insurance Rates Up Slightly but Still Among Nation’s Lowest

The Ohio Department of Insurance (ODI) reports that average premiums for auto and home insurance in the state rose in 2015 but not by much. The average rate changes in 2015 for Ohio’s top 10 homeowners and private passenger auto …

Former Ohio Insurance Agent Sentenced for $58K Grand Theft

A former Ohio insurance agent and agency owner has been sentenced for grand theft after pleading guilty to misappropriating more than $58,000 from two clients, the Ohio Department of Insurance announced. Charles Gabel, of Fremont, was sentenced in the Sandusky …

Ohio Insurance Agent’s License Revoked after $800K in Client Losses

Ohio Lieutenant Governor Mary Taylor has revoked the license of insurance agent Brian Willms, of Dublin, for misrepresenting life insurance policies as an investment. The misrepresentations contributed to two clients losing a combined $800,000. The Ohio Department of Insurance found …

Conklin, Baird Appointed to Lead Ohio Department of Insurance Units

Lt. Governor Mary Taylor has named two to key posts at the Ohio Department of Insurance. Allison Conklin will serve as assistant director of Legislative Affairs and Amanda Baird is the new general counsel. Baird supervises legal assistance provided to …

Ohio Court: Insurance Department May Take Over Health Insurer

The state’s insurance department is taking over a company that provides health insurance to nearly 22,000 residents, mainly in central Ohio. The move affects those holding InHealth Mutual policies from Coordinated Health Mutual Inc. The suburban Columbus-based company is organized …

Ohio not Tracking Insurance Death Benefits, Report Says

The state hasn’t tracked insurance companies’ payments of death benefits to Ohio residents to see if they are getting what they are owed since a national probe revealed large insurers were holding onto billions of dollars meant for beneficiaries, according …

Ohioans Entitled to More Information Under Health Insurance Rule

Ohioans will be able to get more information about healthcare provider networks from health insurance companies beginning in 2016. The rule taking effect in January will require insurance companies to update their directories of those providers at least every three …

Members of Ohio Auto Insurance Fraud Ring Sentenced

Two additional members of a Cincinnati-area fraudulent auto insurance claim ring have been sentenced in Hamilton County Common Pleas Court, the Ohio Department of Insurance announced. The three main participants in the ring have now been sentenced for filing fraudulent …

Ohio Licenses First Captive Insurance Company

Lieutenant Governor Mary Taylor announced that Imprise Financial PCC Inc. is now licensed as Ohio’s first ‘protected cell’ captive insurance company. Through its protected cells, Imprise Financial will allow businesses to insure some of their own commercial risks, realize greater …

3 Promoted to Top Posts at Ohio Department of Insurance

Ohio Lieutenant Governor and Insurance Director Mary Taylor has promoted three members of the Ohio Department of Insurance leadership team. Laura Miller, previously chief of the department’s Product Regulation and Actuarial Services Life and Health section, has been promoted to …