Mary Jo Hudson Director

As one of the strongest windstorms in the state's history blew through Ohio leaving widespread damage and power outages, a financial hurricane on Wall St. jolted the American economy.
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News Briefs

• The Department's OSHIIP program will hold a Medicare coverage forum for consumers, plan representatives, caregivers and other stakeholders Oct. 20 from 9 a.m. to 4 p.m. at the Ohio State University's Fawcett Center, located in Columbus.
  
  
• Ohio insurance consumers with insurance and claims questions due to the recent windstorm can call the Department's consumer hotline at 1-800-686-1526.
  
  
• Insurance podcasts offering tips and information have been added to the Department's web site.
  
  
• Prometric is currently in the process of mailing the preliminary continuing education transcripts to Ohio-licensed insurance agents in the 2007-2008 and 2008-2009 compliance periods.
  
  
• An updated version of the Department's Guide to Health Insurance is now available.
  
  

Tips: Seniors: Be Aware of Stranger Originated Life Insurance (STOLI) Transactions

OSHIIP News

Archives

Top Stories - October 2008

State Regulators: AIG Insurers Able to Pay Claims
In the wake of news that the non-insurance parent company of American International Group (AIG) is facing a financial crisis, state insurance regulators quickly mobilized to ensure that policyholders of the insurance subsidiaries remained protected.
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AIG Policyholders Should Be Careful If Approached To Replace Policies
American International Group's (AIG) insurance companies are financially sound, with substantially more in assets than they need to pay all valid present and projected claims, Mary Jo Hudson, Director of the Ohio Department of Insurance said. Click here for frequently asked questions about AIG policies.
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AIG: Conversation Should Stay Focused On The Facts
National Association of Insurance Commissioners (NAIC) President and Kansas Insurance Commissioner Sandy Praeger issued a statement regarding American International Group (AIG) and misleading statements made by several organizations regarding the regulatory oversight of insurance.
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Life Insurance: Securing Your Family's Future In Case of Unexpected Death
Would your family suffer financially were you to die unexpectedly? The Ohio Department of Insurance is reminding Ohioans of the importance of securing the financial future for those they love.
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CMS Mailing of "Loss of Deemed Status Letter" Begins
The Centers for Medicare and Medicaid Services (CMS) and the Social Security Administration (SSA) have started mailing "Loss of Deemed Status" letters to beneficiaries who automatically qualified for extra help in 2008 but no longer automatically qualify for the subsidy in 2009.
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Agents Must Meet Long-term Care Insurance Training Requirements
Agents who want to sell, solicit or negotiate long-term care insurance must first complete an initial eight-hour approved course.
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