Ohio News

Jones Joins Consultant InStrategy as Managing Director of Retail Practice

Charlotte, N.C.-based insurance consultancy InStrategy Group has appointed Robert Jones as managing director to lead the group’s retail practice. Jones has 30 years of experience in the insurance industry. The majority of his career has been on the retail agency …

Ohio Gov. Would not Want to Refuse Health Insurance Public Option

A spokeswoman for Ohio Gov. Ted Strickland said the governor would not want Ohio to opt out of any new government-run health insurance program. A health care proposal offered by U.S. Senate Majority Leader Harry Reid would include a government …

State Auto’s Net Income Up, Combined Ratio Down in Q3 2009

Columbus, Ohio-based State Auto Financial Corporation reported third quarter 2009 net income of $13.0 million, or $0.33 per diluted share, versus a net loss of $14.7 million, or $0.37 per diluted share, for the third quarter of 2008. State Auto’s …

Study: Workers’ Compensation Public Options Outperform Private Industry

An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of performance categories and at least as well when it comes to the bottom …

Ohio County Bans Texting While Driving

The county that includes Akron has become the latest area in Ohio to ban text messaging while driving. The measure approved by the Summit County Council carries $150 fines for violators caught reading or sending text messages from behind the …

El Nino to Influence U.S. Winter Weather– Or Not, Say Forecasters

It will be a tale of two winters in the United States — warmer and drier than average in the North and wetter and cooler in the South — thanks to El Nino, according to government forecasters. In its winter …

State of Ohio Awarded $14.7M Judgment for Waste Facility

After a protracted legal battle, Ohio has been awarded a $14.7 million judgment against four defendants stemming from a hazardous waste treatment facility that was not shut down properly. Attorney General Richard Cordray’s office announced the judgment on Oct. 16. …

Willis Names Ealy National Partner for Midwest Region

Insurance broker Willis Group Holdings has appointed Thomas V. Ealy as national partner of the Midwest Region for its North American retail operations. In his new role, Ealy will oversee the company’s retail offices in Illinois, Minnesota, Wisconsin, Michigan, Ohio …

Declarations

Holding Wall Street Accountable “This is part of a concerted and committed effort in the Ohio attorney general’s office to hold Wall Street accountable. … The amount of shareholder value affected negatively here is about as great as has been …

Florida Rates Its Medical Malpractice Market as Competitive

A new report shows a continuing trend of recovery for the medical malpractice industry in Florida that had been experiencing double-digit rate increases and lack of availability prior to legislative reforms enacted in 2003. The report shows a net decline …