9
Apr

Householder: Budget Hole Could Be as Big as $2 Billion

Calling it a “perfect storm” of circumstance that is increasing costs for the state at the same time as state revenue is plummeting, House Speaker Larry Householder (R-Glenford) said the state budget could be as much as $2 billion short of projections by the end of the fiscal year on CONTINUE

7
Apr

By the Numbers: Jobs Market Shaken by COVID-19

The U.S. Bureau of Labor Statistics (BLS) recently released March unemployment figures that are trending up since the arrival of COVID-19; meanwhile, foodbanks are seeing increased demand and new clients. 7,000 – Ohio unemployment claims made during the week of March 8, 2020 through March 14, 2020. 187,000 – Ohio unemployment claims CONTINUE

2
Apr
2
Apr

State insurance Department Actions on Premium Forbearance

ALIRT has received a number of queries regarding premium forbearance actions taken by insurance companies and state insurance regulators during the current Coronavirus crisis. These calls are driven by insured’s questions/requests as well as by broker concerns around the impact any temporary forbearance might have on the financial performance of CONTINUE

31
Mar

License Renewal and Continuing Education Relief During COVID-19 Emergency

On Friday, March, 27, 2020 Governor DeWine signed House Bill (HB) 197 which includes many provisions intended to respond to the ongoing COVID-19 pandemic.  This Bill includes relief to insurance license-holders whose license expires during the state of emergency declared by the Governor through Executive Order 2020-01D, issued March 9, CONTINUE

31
Mar
25
Mar

Bulletin 2020-06: Coverage for Individuals With Expired Driver Licenses

  This Bulletin pertains to all insurers (“insurers”) providing automobile insurance policies (“policies”) in the State of Ohio. The purpose of this Bulletin is to notify insurers that they must temporarily suspend certain actions which they would otherwise be permitted to take due to the expiration of the driver license CONTINUE

11
Mar
4
Mar

Ohio Department of Insurance Saved Ohioans $33 Million in 2019

For Immediate Release March 4, 2020 Contact Robert Denhard 614-644-3366 robert.denhard@insurance.ohio.gov COLUMBUS – The Ohio Department of Insurance announced today that the department’s consumer services helped save $33 million in 2019. The savings are a result of the department resolving coverage disputes, outlining suitable coverage options, and identifying financial assistance CONTINUE

24
Feb

Consumer Alert: Older Ohioans Warned of Telephone Scams

For Immediate Release February 24, 2020 Contact Robert Denhard 614-644-3366 robert.denhard@insurance.ohio.gov Consumer Alert: Older Ohioans Warned of Telephone Scams COLUMBUS – Ohio Governor Mike DeWine and Ohio Department of Insurance Director Jillian Froment issued a consumer alert to warn older Ohioans of two telephone scams targeting them in an attempt CONTINUE

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