OAPSLO Annual Business Meeting Ohio Association of Professional Specialty Lines Offices will hold its Annual Business Meeting at 2:00 p.m. on Wednesday, Dec. 16, 2020 via Zoom for the following purposes: A. To consider and vote on the following individuals to the Board of Trustees commencing Jan. 1, 2021: OFFICERS COMPANY TERM ENDS PresidentKenneth Kukral,Continue reading “MEMBER UPDATE”
Category Archives: OAPSLO News
State of the Market Report Q3 2020
The impacts of an on-going global pandemic and a record-breaking number of natural catastrophes, on top of an already hard market, can be felt throughout the insurance marketplace.
Navigating the Hard Market – Designing Top Quality Submissions
OAPSLO in conjunction with OIA presented a webinar on Navigating the Hard Market – Designing Top Quality Submissions on Dec. 9, 2020. Seventy-one agents were educated on this topic! OAPSLO Panelists Ken Kukral, Jason Stoermer, JB Civille, and Andy Hamilton were joined by Judy Sivy (OIA) to provide valuable information to OAPSLO and OIA members. Continue reading “Navigating the Hard Market – Designing Top Quality Submissions”
What is Specialty Lines
In the past, most wholesale insurance intermediaries represented what are known as Excess & Surplus Lines Insurance Companies (E&S). These are insurers regulated in their home state, but are not an “Admitted Carrier” in other states in which they are doing business. Traditionally, E&S companies made insurance available to insureds who could not find coverageContinue reading “What is Specialty Lines”
Ohio Allows Rollover of Excess CE Credits
According to a recent Ohio Insurance Agents Association article, the State of Ohio is joining 21 other states in allowing insurance agents to rollover excess continuing education credits to the next compliance period. The change goes into effect on February 1, 2016. Here’s some additional information posted on the Ohio Department of Insurance’s website: Q.Continue reading “Ohio Allows Rollover of Excess CE Credits”
Developing an Effective Mentoring Program
The following article was written by OAPSLO member Greg Bauke, President of Cincinnati based Specialty Underwriters Group. It first appeared in the Fall 2015 edition of WIN Magazine and is reprinted here with permission. BY GREG BAUKE THERE ARE MANY TYPES OF MENTORING RELATIONSHIPS, BUT THE COMMON POINT AMONG THEM IS THAT ALL PARTIES –Continue reading “Developing an Effective Mentoring Program”
Affidavit/Notary Requirements to Change in Ohio
Ohio Governor John Kasich recently signed House Bill 64, also known as “Main Operating Budget FY2016-FY2017”. One of the many provisions of the bill includes a section that removes the requirement for a notarization section of the Affidavit (no longer called an Affidavit, it’s now an “Original Signed Statement)” from the insured when placing businessContinue reading “Affidavit/Notary Requirements to Change in Ohio”
OAPSLO Board Members Give Back
It would be unusual to find an insurance wholesalers organization that had one Board member who is also the sitting president of a retail insurance agent organization, but OAPSLO actually has TWO! OAPSLO board members Ken Kukral and JB Civille have long been active OAPSLO members. They’ve also remained active in the regional retail agentContinue reading “OAPSLO Board Members Give Back”
Insuring the Apple Watch
The release of the Apple Watch last month created quite a stir, and early estimates are that Apple sold out within minutes of opening the pre-order website and nearly a million watches were sold the first week of retail distribution. While the low end model might not cause as many insurance issues (it retails forContinue reading “Insuring the Apple Watch”
May I See Your License, Registration, and Smartphone?
With the passage of Ohio Senate Bill 255, effective March 23, 2015, Ohioans can officially use an electronic version of proof of auto insurance. Joining 31 other states that already allowed electronic proof of insurance, the new law allows motorists to show digital versions of proof of insurance on smartphones, PDAs, tablets, laptops and otherContinue reading “May I See Your License, Registration, and Smartphone?”