All the headlines from our Ohio Topic Page, ordered by recency.
Oct 18 2001 // The Ohio Department of Insurance ordered 23 property and casualty companies to pay money owed to insurance customers and submit corrective actions plans after market conduct examinations revealed that the companies were...
Oct 8 2001 // The Seventh District Court of Appeals has reinstated Ohio Department of Insurance Director Lee Covington’s order revoking the license of John Sprankle of New Springfield, to sell insurance in Ohio.The reinstatement...
Oct 5 2001 // Following a thorough on-site review of its staff, procedures and performance, the Ohio Department of Insurance was recognized as one of the top insurance department in the country. Governor Bob Taft and Director Lee...
Oct 3 2001 // Ohio Department of Insurance Director Lee Covington signed a consent order last week fining Securian Financial Network Inc., a St. Paul, Minn.-based agency licensed in Ohio, $15,000 for engaging in insurance activity in...
Sep 27 2001 // Ohio Department of Insurance Director Lee Covington issued a reminder Sept. 20 to current property and casualty license holders that beginning Oct. 9, they will no longer be authorized to solicit or sell surety bail bonds...
Sep 25 2001 // Triad Guaranty Inc. announced that its subsidiary, Triad Guaranty Insurance Corporation, has opened a Cleveland, Ohio underwriting office. The new office will serve customers in Ohio, Indiana and Michigan. It is...
Sep 25 2001 // Ohio Department of Insurance Director Lee Covington issued a reminder Sept. 20 to current property and casualty license holders that beginning Oct. 9, they will no longer be authorized to solicit or sell surety bail bonds...
Sep 18 2001 // Fairfield, Ohio-based Ohio Casualty Corporation Friday announced a preliminary estimate of its expected losses resulting from the New York terrorist attack Sept.11. The estimated pre-tax cost of claims is $5 to $7 million,...
Sep 10 2001 // Ohio Department of Insurance Director Lee Covington issued a Cease & Desist Order against the Baron Insurance Agency as well as a Notice of Opportunity for Hearing to owners Matthew J. Bower and Abigail Bower, both of...
Sep 10 2001 // There will be no more than 65 property/casualty insurance company insolvencies over the period Jan. 1, 2001, through Dec. 31, 2002, according to Demotech Inc.Demotech Inc., a Columbus, Ohio-based financial analysis and...
Aug 13 2001 // Ohio Department of Insurance Director Lee Covington signed an order revoking the insurance license of Albert J. Henry of Milford (Clermont County), effective immediately. According to the Consent Order, Henry will...
Aug 6 2001 // A.M. Best Co. lowered the financial strength rating of the Ohio Casualty Group, Fairfield, Ohio, from “A” (Excellent) to “A-” (Excellent). The rating applies to the five pool members led by Ohio...
Aug 2 2001 // Travelers Insurance announced it will re-enter the Ohio insurance marketplace for new commercial auto and umbrella business with the enactment of the “Uninsured/Underinsured Motorist Availability Act of...
Aug 2 2001 // Stability in Ohio’s auto insurance market is just three months away, according to the American Insurance Association (AIA). On July 31, Ohio Gov. Bob Taft signed into law SB 97, which will bring badly needed reforms...
Jul 27 2001 // A.M. Best Co. lowered the financial strength rating of the Ohio Casualty Group, Fairfield, Ohio, from “A” (Excellent) to “A-” (Excellent). The rating applies to the five pool members led by Ohio...
Jul 19 2001 // Losses from severe storms will cut into profits for Ohio Casualty Corp. for second-quarter earnings, increasing the loss the car, home and business insurer was slated to report for the quarter. Based in Fairfield, the...
Jul 5 2001 // Ohio Department of Insurance Director Lee Covington issued a suspension for the pre-licensing provider approval and WebCheck authorization of A.D. Banker and Company LLC, a pre-licensing education provider in the Buckeye...
Jun 28 2001 // According to the National Association of Independent Insurers (NAII), the Ohio House Insurance Committee approved legislation that repeals recent state supreme court decisions that have threatened the Ohio insurance...
Jun 25 2001 // In a move to jump-start its falling stock and return to the black, Ohio Casualty Corp. has unveiled a major restructuring plan. With the move, the Fairfield-based insurer saw its shares of stock vault 16 percent earlier in...
Jun 18 2001 // Ohio has become the first state to adopt the NAIC Electronic Commerce Bulletin. Ohio Department of Insurance Director Lee Covington made the announcement at the Electronic Commerce Symposium hosted by the Electronic...