Latest Ohio Headlines

All the headlines from our Ohio Topic Page, ordered by recency.

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...

Ohio AG Sues National Ratings Agencies Over Securities Information

Nov 20 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...

Marsh & McLennan Settles Pension Plans’ Suit for $400 Million

Nov 16 2009 // Insurance broker Marsh & McLennan Cos. Inc. will pay $400 million as part of a class action settlement filed five years ago by state pension plan administrators in New Jersey and Ohio in connection with a probe of the...

2 Insurance Execs Among the Most Powerful, Influential Women in Ohio

Nov 6 2009 // The 2009 Ohio Diversity and Leadership Conference announced recently that Gale King, executive vice president and chief human resources officer for Nationwide Insurance; and Kathy Mabe, president and chief operating...

Ohio Bureau of Workers’ Comp Lowers Group Discount Rate

Nov 3 2009 // The Ohio Bureau of Workers’ Compensation (BWC) has lowered the discount available to employers who participate in a group-rating system. Beginning July 1, 2010, the maximum available discount for businesses in a...

Defendants in Ohio ‘Trust Mill’ Case Ask Supreme Court to Reconsider

Nov 3 2009 // Alleging collusion among members of the board of the Columbus Bar Association, two motions have been filed with the Ohio Supreme Court asking that it reconsider its decision in case number 2005-0422, in which two...

Investigation: Ohio Work Comp Fund Lost $20M in Pharmacy Program

Oct 30 2009 // The state watchdog says the Ohio insurance fund for injured workers is out $20 million because of problems with its prescription drug program. Inspector General Tom Charles says the Bureau of Workers’ Compensation...