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The Ohio Department of Insurance ( ODI) is an Ohio state government [1] administrative agency. The ODI provides consumer protection through education and regulation while promoting a stable and competitive environment for insurance companies.
The ratings are based on items including surveys of consumers, reports from undercover shoppers, expert surveys, the number of consumer agency complaints against a company or service provider, and an analysis of publicly available databases.
An insurance commissioner (or commissioner of insurance) is a public official in the executive branch of a state or territory in the United States who, along with their office, regulate the insurance industry.
The Federal Trade Commission (FTC) enforces federal antitrust and consumer protection laws by investigating complaints against individual companies initiated by consumers, businesses, congressional inquiries, or reports in the media. The commission seeks to ensure that the nation's markets function competitively by eliminating unfair or ...
Ohio state law requires drivers to maintain liability insurance in order to drive in the state. Ohio auto insurance requirements are referred to as the 25/50/25 rule. This means that drivers are ...
The Consumer Financial Protection Bureau ( CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector. CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, and other financial companies operating in the United States. Since ...
For reference, the average annual cost of car insurance for minimum coverage is $644 nationwide and $389 in Ohio. Full coverage averages $2,314 nationwide and $1,529 in Ohio.
Since it launched last summer, the Consumer Financial Protection Bureau's complaint website has been giving Americans a way to file grievances about a number of money-related issues. It started ...