Ohio Insurance Board

From LoveToKnow Insurance


The Ohio Insurance Board oversees insurance agents, agencies and the companies that offer insurance while in the state of Ohio. The board exists to educate those who issue insurance to members of the community, as well as share information and promote business relationships through networking in the industry.

Business handshake.

Membership

Individuals that work within the insurance industry are invited to apply for membership within the State of Ohio Insurance Board. A membership is a valuable tool when you work in the industry. Members receive newsletters with information on insurance leads, opportunities to further their insurance education and trends in the industry. There are many networking opportunities for people who choose to join the organization. Through education, information sharing and networking, industry workers have many opportunities to further their career when they are members.

Continuing Education

Since things change rapidly in the insurance industry, individuals who work for insurance companies must keep abreast of the latest changes, especially individual state laws. The Ohio Insurance Board offers continuing education courses to keep its members at the cutting edge of changes that affect individual insurance companies and their policyholders. Continuing education classes are usually held at company headquarters, local schools, and colleges.

Distance learning is also helping individuals in the insurance field take courses while working full time. Computer Mediated Distance Learning (or CMDL) is helping individuals take courses when it is convenient for them by using their computers. A supervisor can view an individual's posted coursework at any time, and an instructor can interact with students at designated times. For individuals that are highly self-motivated, distance learning can help them reach their career goals without giving up their jobs.

Networking

Membership in insurance associations can help individuals working in the insurance industry make influential contacts that can help further their careers. Networking can also help by forming alliances between companies that work within the same regions or areas. These alliances can help the dissemination of information and form strong relationships that can further the insurance industry.

Legislation and Politics

The Ohio Board of Insurance has a history of advocacy on behalf of insurance companies within the state. Regional boards and agent associations can lobby the government when important legislation is being passed that will affect the insurance industry. Advocates are anyone that has an interest in the insurance industry, primarily individuals that have been agents or have worked in other insurance-related jobs. Examples of people that are advocates and lobbyists include individuals working in workers compensation, Social Security disability, medical insurance boards or managers from car insurance companies.

Conclusion

The Ohio Insurance Board oversees changes and bylaws that affect individuals selling insurance within the state of Ohio. The board determines which insurance companies will do insurance business in the state, as well as creating the bylaws under which insurance companies and their agents will work.

Individuals that work within the insurance industry within the state can become members of the state insurance board, which benefits them by creating education and networking opportunities. Members receive newsletters that help them stay abreast of trends and current legislative changes that affect their jobs. Networking opportunities provide opportunities for career advancement and the creation of strong alliances within the Ohio insurance industry.


 


Comments

Donald,

You should file your complaint with the Ohio Department of Insurance. Their Consumer Services Division will investigate your complaint and work with you to resolve your issue.

Thank you for your question and for visiting LoveToKnow Insurance.

-- Contributed by: SusanWeber

How and to whom does one file a complaint about an insurance company doing business in Ohio. This is in regard to Permanent General Assurance Corp. and their handling of claim # [personal information deleted].

-- Contributed by: Donald Baumgarten

Maureen,

Yes, the Ohio Insurance Board regulates the sales of annuities in Ohio.

Thanks for your question and for visiting to LoveToKnow Insurance.

-- Contributed by: SusanWeber

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