Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
Ohio Court Ruling a Victory for London Insurers
Jan 8 2002 // Lord, Bissell & Brook, a legal firm representing London Market Insurers in a lawsuit filed against the insurers by The B.F. Goodrich Company, announced that a Summit County, Ohio court has granted summary judgment and...
Ohio Business Groups Urge Supreme Court to Uphold Validity of Private Contracts
Jan 4 2002 // Three Ohio business groups are asking the state Supreme Court to affirm that the policy provisions and intent of two parties entering into a contract should not be usurped by judicial decisions rendered years after the...
Ohio Agents Have Licenses Revoked
Dec 24 2001 // Ohio Department of Insurance Director Lee Covington has signed the second of two orders revoking the insurance licenses of Matthew J. Bower and Abigail Bower, both formerly of Toledo and former agents of the Baron...
Welcome to the 3rd Annual “Top Ten Stories of the Year”
Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...
Top 10 Stories of 2001
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...
Ohio Director Files Action to Intervene in Class Action Lawsuits
Nov 16 2001 // Ohio Insurance Director Lee Covington filed court actions Nov. 13 to intervene in four class action lawsuits that could cost Ohio insurance residents hundreds of millions of dollars. Covington filed the motions to...
Ohio Agent Candidates Can Go Online to Register
Nov 15 2001 // Adding to the list of technology enhancements developed over the past two years, Lee Covington, Director of the Ohio Department of Insurance, announced a new online service that will make it easier for insurance agent...
Ohio Director Sues New York-Based Company
Nov 8 2001 // Ohio Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer Credit General Insurance Company (CGIC), sued New York-based AmTrust Financial Group and its subsidiaries...
Ohio Department Issues Order Against Agent
Nov 6 2001 // The Ohio Department of Insurance issued a Cease and Desist order and a Notice of Hearing to William T. Snapp, of Milford (Clermont County), ordering the agent to stop engaging in the business of insurance by soliciting and...
Ohio Director Sues Chicago-Based Company
Nov 5 2001 // Ohio Director of Insurance Lee Covington, acting in his capacity as liquidator of property and casualty insurer Credit General Insurance Company, sued Chicago-based Grant Thornton LLP, certified public accounts and auditor...
Ohio Insurance Director Sues Credit General Auditor
Nov 2 2001 // Lee Covington, Ohio Director of Insurance and liquidator of property and casualty insurer Credit General Insurance Company, sued Chicago-based Grant Thornton LLP, Credit General’s auditor. The suit alleges that Grant...
Ohio Insurance Dept. Appeals Court Ruling on Failed Companies
Oct 29 2001 // Ohio Department of Insurance (ODI) filed an appeal with the Ohio Supreme Court requesting a hearing on the department’s appeal of the Tenth District Ohio Court of Appeals’ ruling on the distribution of assets...
Farmers Settles Ohio Discrimination Suit for
Oct 25 2001 // Farmers Insurance agreed to pay $4.3 million to settle an Ohio lawsuit charging the company with discrimination against homeowners in minority neighborhoods in issuing homeowners insurance policies. With the settlement,...
Ohio Department of Insurance Orders 23 P/C Companies to Pay Up
Oct 18 2001 // The Ohio Department of Insurance ordered 23 property and casualty companies to pay money owed to insurance customers and submit corrective actions plans after market conduct examinations revealed that the companies were...
Ohio Order Against Agent Reinstated
Oct 8 2001 // The Seventh District Court of Appeals has reinstated Ohio Department of Insurance Director Lee Covington’s order revoking the license of John Sprankle of New Springfield, to sell insurance in Ohio. The reinstatement...
Ohio Department Recognized as One of the Best
Oct 5 2001 // Following a thorough on-site review of its staff, procedures and performance, the Ohio Department of Insurance was recognized as one of the top insurance department in the country. Governor Bob Taft and Director Lee...
Minnesota-Based Agency Fined for Infractions
Oct 3 2001 // Ohio Department of Insurance Director Lee Covington signed a consent order last week fining Securian Financial Network Inc., a St. Paul, Minn.-based agency licensed in Ohio, $15,000 for engaging in insurance activity in...
Ohio Director Reminds of New Licensing Requirements
Sep 27 2001 // Ohio Department of Insurance Director Lee Covington issued a reminder Sept. 20 to current property and casualty license holders that beginning Oct. 9, they will no longer be authorized to solicit or sell surety bail bonds...
Triad Guaranty Insurance Opens Cleveland Underwriting Office
Sep 25 2001 // Triad Guaranty Inc. announced that its subsidiary, Triad Guaranty Insurance Corporation, has opened a Cleveland, Ohio underwriting office. The new office will serve customers in Ohio, Indiana and Michigan. It is...
Ohio Director Reminds Agents of New Licensing Requirements
Sep 25 2001 // Ohio Department of Insurance Director Lee Covington issued a reminder Sept. 20 to current property and casualty license holders that beginning Oct. 9, they will no longer be authorized to solicit or sell surety bail bonds...
