Ohio has climbed up the rankings in the past four years largely because of improvements in regulatory clarity. The report praises Ohio for having a very competitive insurance environment for consumers despite having many sizeable domestic carriers who often tend to dominate in their own states.
The Ohio Department of Insurance regulates the activities of approximately 970 companies appointed to sell property and casualty products. According to the NAIC Property and Casualty Market Share Report, Ohio ranks 8th in the country in total premiums written at more than $15 billion.
For more information, please contact Jeff Scanlan at 614.466.2670 or visit the DAS State and Federal Surplus Services website at www.ohio.gov/surplus.
Website: www.ohio.gov/surplus
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