Ohio News

Ohio Reveals Top Insurance Fraud, Enforcements for 2010

Ohio Lieutenant Governor and Department of Insurance Director Mary Taylor has announced the agency’s top insurance fraud and enforcement cases of 2010.The DOI opened more than 160 consumer insurance fraud cases last year, referring 80 for prosecution, and handled more …

Nationwide Insurance Lowering Ohio Car Insurance Rates 10% for New Customers

Nationwide Insurance Company announced it is lowering car insurance rates in Ohio 10 percent for new customers. The company is also offering savings on auto insurance rates for current customers who meet eligibility requirements. Hundreds of thousands of eligible Nationwide …

Ohio Business Owner Convicted for Failure to Keep Work Comp Coverage

A Harrison, Ohio, woman has been convicted of fraud in a Hamilton County courtroom for failure to maintain workers’ compensation insurance coverage to protect her employees in the event of a workplace injury or illness, the Ohio Bureau of Workers’ …

State Auto Sees Improvements in Q4 2010

State Auto Financial Corp., headquartered in Columbus, Ohio, reported fourth quarter 2010 net income of $37.6 million, or $0.94 per diluted share, versus $14.4 million, or $0.36 per diluted share, for the fourth quarter of 2009. STFC’s GAAP combined ratio …

Missouri AG Settles with TPAs Over Workers’ Comp Violations

Missouri Attorney General Chris Koster has reached agreements with two companies who the attorney general’s office says violated Missouri’s workers’ compensation law by knowingly failing to report worker injuries to the Division of Workers’ Compensation within the prescribed time frame. …

Hylant Acquires Michigan Benefits Agency

Ohio-based Hylant Group, one of the largest privately owned insurance brokerage firms in the nation, recently acquired a substantial portion of Creative Benefits Systems (CBS), an employee benefits provider in Grand Rapids, Michigan. The acquisition will expand Hylant’s employee benefits …

Kentucky’s Neace Lukens Acquires Ohio’s Lent Agency

Neace Lukens, a Louisville, Kentucky based brokerage firm, recently acquired the Lent Agency, a Dayton, Ohio insurance agency. The merger will add 12 Lent Agency employees, including four producers, to the Neace Lukens staff. These employees will join seven Neace …

Report: Many Ohio License Suspensions Unrelated to Driving

Twenty-five percent of the driver license suspensions in Ohio are the result of offenses that are not related to operating a motor vehicle, according to a newspaper analysis. The Dayton Daily News reported that 39 percent of the 9.9 million …

Brooks Named Eastern Zone Vice President for Farmer’s

Farmer’s Insurance Group has named Todd Brooks senior vice president of its eastern zone, which comprises the states of Alabama, Illinois, Indiana, Michigan, Ohio, Tennessee, Virginia and Wisconsin. He most recently served as vice president of field operations for Farmer’s …

Lydecker, Downs Named Brown & Brown Regional Presidents

Brown & Brown Inc. reports that Charles H. Charlie Lydecker has been elected regional president responsible for a number of the company’s retail operations in the state of Florida and for certain of its retail operations in Arizona, New Jersey, …