Ohio News

Ohio Insurance Agent Education Council to Discuss Code Revisions

The Ohio Insurance Agent Education Advisory Council will hold a meeting on May 19, 2010, at 10 a.m. The agenda includes a discussion on revisions to Ohio Administrative Code. The Insurance Agent Education Advisory Council has 12 appointed members who …

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

Nationwide Mutual Insurance Co. announced it will fill 1,400 job openings, including about 600 in its home state of Ohio. The Columbus-based insurance and financial services company is recruiting for entry-level customer service and claim service positions in central Ohio …

Community Colleges Join Ohio School Risk Management, Insurance Plan

The Ohio School Plan (OSP), a group that provides insurance and risk management solutions to Ohio public school entities and boards of developmental disabilities, approved the decision to include community colleges into their membership. The OSP also has specialized risk …

Court Says CalPERS May Pursue Lawsuit Against Rating Agencies

The largest U.S. public pension fund has won a court ruling allowing it to proceed with its lawsuit accusing the three biggest credit rating agencies of assigning “wildly inaccurate and unreasonably high” ratings, causing $1 billion of losses. A San …

Keystone Insurers Adds 2 More Kentucky Agencies to Network

Keystone Insurers Group (KIG) has added two more to its growing list of partner agencies. Jessie Insurance Agency of Campbellsville and Insurance Service Centers of Southeast Kentucky increase to 16 the number of KIG partners in Kentucky and join KIG’s …

Ohio Work Comp Bureau OKs 3.9% Rate Decrease for Private Employers

The Ohio Bureau of Workers’ Compensation (BWC) Board of Directors approved an overall premium rate decrease of 3.9 percent for private employers effective July 1, 2010. The vote places 2010 private employer rates 35 percent lower than policy year 2007. …

Ohio Department of Insurance Employee Wins National Award

Ohio Department of Insurance Director Mary Jo Hudson that Lynette Baker, a division chief of the Department’s Market Conduct Division, has received the Paul L. DeAngelo Memorial Teaching Award. This award, given by the Insurance Regulatory Examiners Society (IRES) Foundation …

People

TD Insurance Inc. in South Portland, Maine, has hired Leah K. Halsey as an account executive in employee benefits. She is responsible for working with employers throughout northern New England to design, implement and manage their various employee benefit programs. …

People

Cincinnati, Ohio-based American Empire Surplus Lines Insurance Co. (AESLIC) has named Frederick J. Woebse president and chief operating officer. He succeeds Robert Nelson, who was named chairman and chief executive officer, until the time of Nelson’s retirement in July 2010. …

It Figures

$28.2 Million The Ohio Insurance Institute (OII) has reported that the amount of insured losses from a series of storms in February will be at least $28.2 million, with 12,173 claims filed so far across the state. Losses are expected …