Midwestern states were among those that added to Republican gains in governor’s offices across the country on Nov. 2. Iowa, Kansas, Michigan, Ohio and Wisconsin are among the states that voted to replace Democrats in their governors’ offices with Republican …
Richfield, Ohio-based National Interstate Corp. has named Vito Peraino to its board of directors upon the retirement from the board of James C. Kennedy. The changes were effective Oct. 29, 2010. Peraino has also been appointed to serve on the …
State Auto Financial Corp., headquartered in Columbus, Ohio, reported third quarter 2010 net income of $0.2 million, or $0.00 per diluted share, versus net income of $13.0 million, or $0.33 per diluted share, for the third quarter of 2009. Net …
Ohio Mutual Insurance Group (OMIG) has reached an agreement to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is expected to be completed by the end of …
Broad Coverage Is Available at a Relatively Low Cost Most public companies don’t need to be persuaded that their company needs directors and officers insurance. However, the view among some private company managers is different. These officials, particularly those at …
A Pennsylvania woman is suing natural gas driller Chesapeake Energy Corp. and two of its subsidiaries, claiming that drilling near her rural home has fouled the water with methane and other pollutants and created a rash of health problems since …
Juan Andrade stepped down as Commercial Markets president at The Hartford to join Ace as president of the insurers’ Global Personal Lines and Small Commercial Insurance division. He will assume the new position with Ace in December. Andrade joined The …
Tuesday’s elections could have ramifications for a number of state insurance commissioner posts across the country. Nationwide, 11 commissioners are directly elected but there are only four such elections tomorrow; the rest of commissioners are appointed, most by governors or …
Survey Finds Agencies Take a Second Look at Hiring Employees With Past E&O Histories Today’s soft insurance market, reduced commissions and a tough economy for agency owners and their clients might be adding to agency errors and omissions (E&O) exposures. …
$175,000 Fine paid to the state of Connecticut by Ohio-based American Modern Home Insurance Co. for agent-licensing violations. A recent market conduct examination by regulators found that American Home had 75 agents who were not appointed and 11 individual agents …
