Ohio News

Ohio Medical Consultant Sentenced to Prison for Workers’ Comp Fraud

The owner of a business that compiled medical reports for law firms representing injured workers has been sentenced to four years in prison for workers’ compensation fraud in Ohio, according to the Ohio Bureau of Workers’ Compensation’s (BWC). The sentencing …

‘Snowed-In’ Ohio Man Charged in Western Pennsylvania Arson

An Ohio man is charged with setting fire to a western Pennsylvania mobile home he used to rent after police say heavy snows kept him from driving away. Thirty-three-year-old Robert Lee Armstrong, of Warren, Ohio, is charged with arson, burglary …

Obama Officials Say Health Plan Has Republican Ideas

Republicans should find things to like in President Barack Obama’s healthcare reform plan because they were taken from Republican bills or have been advocated by Republicans, the president’s top healthcare reform officials said Thursday. In an opinion piece for The …

Ohio AG: Ruling Clears Way for State to Take AIG to Trial

Ohio Attorney General Richard Cordray announced he is encouraged by a recent federal court ruling granting class certification in the securities litigation against American International Group Inc. (AIG). The ruling in the U.S. District Court for the Southern District of …

Judge Certifies Stockholders’ Class Action Against AIG

A U.S. judge on Monday certified a class action lawsuit for stockholders, but not bondholders, against American International Group Inc. U.S. District Judge Deborah Batts denied a request by three Ohio state public pension funds to certify the class of …

Keystone Insurers Adds Peel & Holland Agency in Kentucky

Peel & Holland Financial Group, based in Benton, Ky., has become the newest Kentucky partner within Keystone Insurers Group (KIG), the nation’s sixth largest privately-held property/casualty agency. Peel & Holland has offices in Benton, Mayfield, Paducah and Murray. This brings …

Fremont Insurance Expands Yacht Policy Navigation Coverage

Fremont Insurance, a Michigan-based property and casualty insurance carrier, has unveiled new enhancements to the company’s yacht policy, which allows policyholders the ability to travel anywhere in North America without loss of coverage or travel endorsements. Fremont Insurance has expanded …

State Auto Reports Revenue Increases for 2009

Columbus, Ohio-based State Auto Financial Corporation’s fourth quarter 2009 net income rose to $14.4 million compared with a net loss of $0.6 million for the fourth quarter 2008, the company reported. For the year 2009, STFC had net income of …

People

Steve Cooper was appointed president of United Heartland, a national workers’ compensation insurer based in New Berlin, Wis., and a subsidiary of Accident Fund Holdings Inc. Cooper succeeds Emil Pfenninger, who has led United Heartland since its founding in 1990. …

Average Medical Professional Liability Claim Payout Is $252.5K in Ohio

The Ohio Medical Professional Liability Closed Claim Report for 2008 shows a total of 3,080 medical professional liability claims were closed in 2008 by 93 insurance entities. The average payment per closed claim was $252,522, according to the Ohio Insurance …