Ohio News

Business Moves

Hylant Group, W Group Cincinnati-based insurance brokerage, Hylant Group, and the W Group, a privately owned employee benefit services provider, have merged. The combined organizations will form one of the largest employee benefit firms in the Cincinnati area, the companies …

Business Moves

ProBuilders The ProBuilders risk retention group offering general liability insurance for builders and contractors will stop accepting new business and not renew most of its 1,800 policies as of March 1. According to Bill Tepe, chief financial officer for NationsBuilder …

People

Willis Group Holdings has extended the contract of its chairman and CEO, Joseph J. Plumeri, until July 7, 2013. His previous agreement was set to expire on the date of the company’s annual meeting in April 2011. Plumeri was first …

Business Moves

Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance is combining its two business models — insurance and tax preparation — under one roof, quadrupling its presence to more than 80 locations. Launched in 1999 to provide auto insurance to Hispanic …

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. Public Officials Liability Market Detail: Apogee Insurance Group a Berkshire Hathaway Group offers agents access …

Klinedinst Joins Cincinnati’s R. G. McGraw Insurance Agency

Tom Klinedinst III has joined Cincinnati, Ohio-based R. G. McGraw Insurance Agency as marketing and production manager for commercial lines. Klinedinst brings 21 years of experience in commercial lines insurance and specializes in analyzing, designing, implementing and managing insurance and …

Ohio: Average Payout Per Medical Professional Liability Claim Is $252.5K

In its fourth annual Ohio Medical Professional Liability Closed Claim Report the Ohio Insurance Department shows a total of 3,080 medical professional liability claims were closed in 2008. The amount of compensation paid on behalf of each defendant to a …

Insurance Brokers and Agents of the West Names Officers, Award Winner

Insurance Brokers and Agents of the West (IBA West), awarded the Ramsden/Sullivan Memorial Award to Robert B. Suhr and slated its officers and directors for 2010 at its annual meeting. Suhr is a Santa Clara, Calif., independent insurance agent and …

Hurricane Ike Claims Total Nearly $12B in Texas

Hurricane Ike, which struck Galveston on Sept. 13, 2008, has proved to be the costliest weather catastrophe in Texas history by a large margin. The storm racked up nearly $12 billion in windstorm and flood insurance claims in the state. …

Keystone Insurers Adds 4 More Kentucky Agencies

Limestone Insurance, Lexington Insurance Agency, Inc., Durrett Insurance and Insuramax have joined Keystone Insurers Group (KIG), bringing KIG’s number of agencies in Kentucky to six. Keystone is the nation’s sixth largest privately-held property/casualty agency. These four firms become part of …