Ohio News

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. Stop All ID Fraud Market Detail: USX/S offers agents access to real ID theft protection …

Johnson Joins WRM America as Midwest Regional Marketing Officer

WRM America, a New York-based specialty insurance and alternative risk management company, reports that Jeffrey S. Johnson has joined WRM America Indemnity Company (WRMAI) as regional marketing officer for the Midwest region. Johnson will be responsible for the planning and …

Ohio Says Insurer Failed to Comply With New State Open Enrollment Law

Ohio Department of Insurance Director Mary Jo Hudson has suspended the business of Chesapeake Life Insurance Company (Chesapeake) in Ohio for failure to file premium rates and forms for open enrollment coverage in accordance with and within the time period …

U.S. Mine Deaths At Record Low

The number of miners killed on the job in the United States fell for a second straight year to 34, the fewest since officials began keeping records nearly a century ago. That was down from the previous low of 52 …

Pennsylvania Zinc Plant Settles Pollution Lawsuit

The largest zinc producer in the United States and an environmental group have settled a federal lawsuit claiming the company polluted the Ohio River. Under the settlement with Clean Water Action, Horsehead Holding Corp. of Monaca will pay $15,000 for …

Motorists Insurance Creates Agent and Policyholder Services Division

Columbus, Ohio-based Motorists Insurance Group has created a new division to focus resources on agent-facing technology, agency interface priorities and develop call center best practices for all companies in the group. In addition, the new division, MAX Service, will work …

Captives Fuel Growth and Income for Agency Owners

In times like these, where the insurance industry is now in its fifth year of a soft market, the use of an agency captive insurance company can spark both revenue and profits to improve an agency’s overall financial performance. The …

Homeowners Average Insurance Premiums Up Slightly in Ohio

Ohio Department of Insurance Director Mary Jo Hudson announced that on average Ohioans paid slightly more for homeowners insurance in 2007 than in 2006, according to a report issued by the National Association of Insurance Commissioners (NAIC). Ohio’s homeowners insurance …

Special Reuters Report: America’s Route to Recovery

When Bob Hagan was a boy in Youngstown, Ohio, people equated the coke dust they swept off their doorsteps each day with opportunity, for it came from the steel mills that built this city. After graduating from high school more …

Kansas Commissioner Fines Progressive Direct, Calls for Premium Refunds

The Kansas Insurance Department (KID) reported Dec. 21 that Commissioner Sandy Praeger has levied a $5,000 fine against a Kansas-licensed insurance company and has ordered premium refunds for those consumers affected by the company’s statute violations. In an order issued …