Ohio News

Business Moves

Hallmark Financial, State Auto National Hallmark Insurance Co., a subsidiary of Hallmark Financial Services Inc. in Ft. Worth, Texas, plans to acquire State Auto National Insurance Co. from Ohio-based State Auto Financial Corp. (STFC). State Auto National (SAN) writes approximately …

Ohio Bear Owner Carried No Comp Insurance for Mauled Caretaker

Records show the Ohio man who owned a bear that recently mauled its caretaker to death had no workplace injury insurance to cover the man, an apparent violation of state law. Ohio Bureau of Workers’ Compensation spokeswoman Maria Smith said …

Ohio Workers’ Comp Group Discount to Remain the Same for 2011

The Ohio Bureau of Workers’ Compensation board of directors has voted to maintain the current maximum discount and break even factors (BEF) for group-rated employers for the policy year beginning July 1, 2011. In October 2009, the board established the …

Grange Insurance Promotes Dinnin to President, Commercial Lines

Columbus, Ohio-based Grange Insurance has promoted Elizabeth Dinnin to president of Commercial Lines. In this role, she’ll be responsible for the overall growth and profitability of the company’s $200 million book of business. Dinnin previously served as vice president of …

AIG Settlement Covers $60 Million of Ex-CEO, Ex-CFO Costs

Former longtime AIG chief Maurice “Hank” Greenberg and another former executive will get $60 million from the company’s insurers to cover legal and other costs as part of a proposed settlement of investor lawsuits, court papers show. The payouts to …

Keystone Welcomes Palmer Miller Nelson as Ohio Partner

Palmer Miller Nelson Insurance Agency Inc. (PMN) of Columbus, Ohio, has become Keystone Insurers Group’s 24th franchise partner in Ohio. The new arrangement was announced jointly by PMN President Steven Miller and Keystone’s Ohio Vice President Angie Engelke. In business …

Former Ohio Agent Convicted on Theft Charges

Ohio Department of Insurance Director Mary Jo Hudson has announced that former insurance agent Jamie Smith of Bowling Green, Ohio, has been convicted on one count of felony theft in the Lucas County Court of Common Pleas. Director Hudson has …

K&K Insurance Adds New Regional Sales Staff Across U.S.

Indiana-based K&K Insurance has added a regional sales force to develop new agent relationships while supporting existing K&K relationships with more than 6,000 agents and brokers across the United States. The new sales representatives include: James Algeo serves the Northeast …

Massey Suit Goes Before W.Va. Judge Panel

Hundreds of southern West Virginia residents who claim Massey Energy Co. poisoned their wells and made them sick by pumping coal slurry underground will get their day in court next year _ and a chance to settle the case this …

Employee-Owned Insurance Brokerage Opens Akron Office

Ohio’s oldest independent and largest employee-owned risk management and insurance brokerage firm has opened an office in Akron. Oswald Companies serves more than 50 clients collectively in Akron and Canton. Oswald’s newest Ohio location will be led by Paul Catania, …