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July 2014 Newsletter

Posted on: July 1, 2014
Tags: Newsletters
 
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Greater Cincinnati Insurance Board
Number 2014-4429-07 July, 2014
Trustees 
Pres. Mike Tiemeier,
              CPCU
Pres. Elect - J.B. Civille
Treas. - Jim Nestheide
Past Pres
- Bob Hellman,
                  CPCU 
Trustee - Patti Brandt,
Trustee
- Donald Davis
Trustee - Amy Kendall
Trustee - Amanda Shults
Trustee - Brian Wood,
                CPCU 
Exec VP - Ronald F. Eveleigh 
 
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Check out these CIB education programs.

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Insuring The Children
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The charity supported by the local insurance community fighting child abuse. 
 
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Cincinnati Intermediaries
 
   
 

CIB MEMBSERSHIP NOW INCLUDES FREE ONLINE CE


After July 1, agencies who join or renew their membership with the Cincinnati Insurance Board can receive up to 24 hours per compliance period of free online countinuing education  through the CIB's online training site. Those member agents declared and paid for on their agencies membership application qualify for this benefit.  Membership Info 

 

 

OHIO ADDRESSES WORKERS COMPENSATION OTHER STATES COVERAGE ISSUE 


The Governor signed HB 493 into law. This law has addressed the problem that most states do not recognize Ohio's public workers' compensation coverage for Ohio employees temporarily working  outside of the state.  Read More 

 
 
CAPTIVE INSURANCE COMPANIES NOW ALLOWED IN OHIO 
 
Governor Kasich signed a bill into law legislation allowing Ohio businesses to form captive insurance companies in the state to provide for their own commercial insurance needs. House Bill 117 provides the Department of Insurance with regulatory authority over captives.  Read More 

 
RISK TIP

Be on the Lookout: Data Breach Exclusions in Business Insurance Policies

 

 If your business is renewing or purchasing a commercial general liability (CGL) or commercial liability umbrella (CLU) insurance policy after May 1, 2014, be on the lookout for the addition of endorsements that specifically exclude from coverage the damages that typically arise out of a data breach.  Read More 

     
 
 CASE OF THE MONTH 

No
law Coverage under HO Policy for Hazing Incident 

 

A college fraternity member who was sued for wrongful death after a hazing ritual caused the tragic death of a pledge was not covered by his parents' homeowners policy.   Read More 

     
 

Here is an update on legislative happenings this week in the Ohio General Assembly that are of interest to property and casualty insurance companies.
  Read More   

 

 

More than 40 percent of teen drivers reported texting or emailing in the previous 30 days, according to a survey by the federal Centers for Disease Control and Prevention - risky behavior, considering about 10 percent of fatal auto accidents involve distracted driving.  Read more 
 
CIB - NEW ADDRESS

The CIB moved its office down the hall at our existing location.

Our new address is 5535 Fair Lane, Suite D, Cincinnati, Ohio 45227. All other information remains the same.
 
Workers Comp
SAVE YOUR CLIENTS MONEY - PIA'S GROUP WC PROGRAM

If you represent commercial clients or are interested in expanding into that market but don't know how to get your foot in the door, then PIA's Workers' Compensation Group Rating Program can provide you with one of the insurance industry's most powerful sales tools.    Read More

 

 
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