Lieutenant Governor Mary Taylor speaks about "Insuring Ohio Futures" at Wright-Patterson Air Force Base.
The State of Ohio and insurance industry advocates have launched an effort to urge veterans, students, and people changing careers to seek out insurance jobs. As baby-boomer employees begin to retire in droves, Ohio insurance companies expect to have 17,000 job openings in the next five years in all areas from claims to government relations.
Ohio's relatively low rates for property insurance are expected to rise in 2012 due to the damaging storms of recent years.
An insurance agent in Middletown in southwest Ohio says Mother Nature has had her way with the state. Gary Grimes of Insurance Associates tells the (Hamilton) JournalNews he expects homeowner rates to go up 10 percent this year.
Insurers can't raise rates to make up for past storms, but the history can be used to predict future losses to help set prices.