Ohio News

Former Ohio Insurance Agent Receives 7-Year Prison Sentence

Ohio Department of Insurance Director Mary Jo Hudson announced that former Ohio insurance agent Damon Bryan of Medina has been sentenced to seven years in prison by Judge Christopher Collier of the Medina County Common Pleas Court after pleading guilty …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Allied Health and Medical Pros Market Detail: CRES Insurance Services MedSurance A&M is an insurance …

2010 Super Regional P/C Insurers

Demotech Inc. Reveals Leading Multi-State P/C Carriers The original criteria and objective definition for Super Regional P/C Insurers™ was established in the Feb. 12, 2007 issue of Insurance Journal. Prior to the establishment of an industry-wide definition, a number of …

People

Alternative market insurance provider, Safety National in St. Louis, Mo., promoted Senior Vice President John Csik to the position of chief financial officer and treasurer. Csik takes over these positions from Duane Hercules, who will continue in his position of …

The Insurance Industry in Ohio

In March 2010, Ernst & Young LLP issued a report detailing the results of a study of the impact of the insurance industry in Ohio commissioned by the Association of Ohio Life Insurance Companies and the Ohio Insurance Institute. Some …

Nationwide Insurance to Hire 1,400, Including 600 in Ohio

Nationwide reported first quarter net income of $396 million compared to a net loss of $106 million during the same quarter a year ago. Nationwide Mutual Insurance Co. announced it will fill 1,400 job openings, including about 600 in its …

Business Moves

Western National, American Mutual Western National Insurance Group of Edina, Minn., plans to affiliate with Wisconsin American Mutual Insurance Co. of Fond du Lac, Wis. The transaction is expected to close before fall 2010. Wisconsin American is expected to continue …

Business Moves

Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance, a franchise system to combine insurance and tax preparation under one roof, announced it has opened 20 new locations during the past 90 days. The company’s unprecedented growth phase has increased its …

People

New York-based insurance brokerage and risk management firm Integro has hired Robert H. Easton as deputy general counsel and chief compliance officer. Easton most recently served as deputy superintendent and general counsel for the New York State Department of Insurance. …

M&A Wrap Up: The Rollercoaster of M&A

January deal activity started out strong but continued to decline in February and further in March. Nonetheless, first quarter merger and acquisition (M&A) activity bested last year’s first quarter performance with 54 deals compared to 51. Despite the decline in …