Ohio News

Ohio Supreme Court Ruling Favors Bus Wreck Survivors

The Ohio Supreme Court says a university’s insurance coverage extended to a charter bus that crashed, killing five student baseball players and two others. The 5-2 ruling issued Dec. 28 is a victory for families and crash survivors that have …

Best Affirms Progressive and Subs ‘A+’ Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the Progressive Agency Pool, Progressive Direct Pool and Progressive Commercial Auto Group (collectively known as Progressive) and their respective …

Inspections Reducing Mine Safety Violations: U.S. Official

Conducting special inspections to crack down on mines with poor safety records appears to be working, the federal Mine Safety and Health Administration said last week. The agency said it issued 250 citations and orders during so-called impact inspections at …

Best Affirms Fireman’s Fund Companies ‘A’ Ratings; Upgrades ICR

A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of Fireman’s Fund Insurance Companies, which includes Novato, Calif.-based Fireman’s Fund Insurance Company and its intercompany …

An Improved Ohio Workers’ Comp System Continues to Face Challenges

The Ohio workers’ compensation system is by all accounts in much better shape than it was in the dark days of 2007, when the Ohio Bureau of Workers’ Compensation was embroiled in a series of investment scandals. The recent successes, …

Ohio Businessman Sentenced for Theft and Workers’ Comp Fraud

A Pickaway County medical equipment supplier was sentenced in early December on charges of theft and workers’ compensation fraud. Marcus Brown, owner of Acme Elevator, located in Circleville, was convicted in September of theft and workers’ compensation fraud. The charges …

Ohio Insurance Director Warns of Catalytic Converter Thefts

Ohio Department of Insurance Director Mary Jo Hudson has issued a warning about a recent rash of catalytic converter thefts in Columbus and is encouraging automobile owners to take steps to protect themselves from becoming victims. According to reports, thieves …

Ohio Teen Driver Law Linked to Drop in Crashes

Nearly four-year-old restrictions on Ohio teen drivers get some of the credit for a drop in accidents on Ohio roads. The state Department of Transportation says Ohio saw a 16.7 decline in overall vehicle crashes between 2005 and 2009. Fatal …

J.M. Wilson Hires Craycraft as Branch Manager in Ohio

Managing general agency J.M. Wilson has added Chuck Craycraft as branch manager in Westerville, Ohio. Craycraft will oversee the staff and day-to-day operations of the Ohio office. His territory includes Ohio, Kentucky, West Virginia, Virginia and Pennsylvania. He is a …

Top 25 Carriers’ Q3 Premiums Rise Nearly 11.5% in 2010 Versus Q3 2009

Alexander Hamilton once said, “I never expect to see a perfect work from an imperfect man.” Despite an imperfect marketplace, the Top 25 property/casualty companies continued to improve. Their continued improvement is evident based on the dollar amount of direct …