Financial Services Industry
Industry: Email Alert RSS FeedOhio agents thwarted in affliate-license flaps.
National Underwriter Property & Casualty-Risk & Benefits Management, April, 1996 by Pasher, Victoria Sonshine
The Ohio department of insurance has dismissed two complaints filed by the Independent Insurance Agents of Ohio challenging the granting of an insurance license to affiliates of non-insurance entities - one a bank and the other proposed by an auto dealership - letters to the IIAO obtained by the National Underwriter revealed.
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Meanwhile, the department has deferred a third complaint regarding a second bank-affiliate seeking a license to sell insurance, the National Underwriter has learned. Columbus, Ohio-based IIAO's complaints maintained that if licensed, these proposed affiliates ...
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