NEWSLETTER      
Number 2017 4464-09
Like us on FacebookFollow us on Twitter View our profile on LinkedIn                        September 2017

INSURANCE INDUSTRY IN OHIO -  
A COMMITMENT RENEWED

Gov. John Kasich recently reconvened Ohio's property and casualty insurance CEOs to recognize their leadership over the past six years in fostering a talent pipeline for careers in insurance - and to challenge them to do more.   Read More


INSURING HOME SHARING RISKS 

There are many issues involved with sharing one's home. With the advent of Airbnb and others organization determining who to allow to stay in one's house is important. What is covered and excluded?  This two hour class will discuss these issues. 

INSURANCE FIRM FINED $350K IN CERTIFICATE SCAM

The city of Hartford, CT, and an insurance firm have reached a settlement in a dispute over the redevelopment of the 9,600 seat Dillon Stadium. Under the deal, Bruen Deldin DiDio Associates will pay Hartford $350,000 after the city sued the company for allegedly issuing a fake certificate of coverage for the project.   Read More

INSURING THE CHILDREN FUND RAISER 
     

Join ITC for an afternoon of fun on Sunday October 1, 2017. Play bingo for a chance to win a designer purse and support ITC's mission to end child abuse and neglect.  Read more 

RISK TIP

Explain Ordinance or Law Coverage To Avoid E&O Claims

One key to selling adequate ordinance or law coverage is explaining it clearly. When agents discuss this coverage with their policyholders, policyholders want to know why they need it and how much they should buy. Because those answers are complicated, a lot less ordinance or law coverage is purchased than is needed.    Read more


law
CASE OF THE MONTH

Insurers ordered to pay $62.7M for breach of duty to defend in heparin litigation

A federal district court in Maryland has concluded that two insurance companies had breached their duty to defend their insureds in over 1,000 federal and state lawsuits pertaining to allegedly contaminated heparin.    Read more


ODI SELECTS NEW AGENT LICICENSING EXAM VENDOR 

Ohio Department of Insurance announced that vendor PSI Services, LLC has been selected to administer the department's agent licensing examinations, effective July 1, 2017.   Click here for more information   

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