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April is Financial Literacy Month


WHIZ News
April is Financial Literacy Month
April is Financial Literacy Month, and the Department of Insurance reminds Ohioans it is a resource to help them become more knowledgeable and empowered insurance consumers, ultimately translating into stronger financial protections and monetary savings. 
“Financial literacy includes understanding insurance. The Ohio Department of Insurance provides free and objective resources to help Ohioans gain a stronger grasp on the complexities of insurance,” Department of Insurance Director Judith L. French said. “We also help people resolve certain insurance issues they may experience.” 
Last year, department staff resolved insurance coverage and claim disputes, answered insurance questions, outlined suitable insurance options, and identified financial assistance programs, saving or recovering nearly $37 million for Ohioans. ....

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Crop insurance deadline March 15


Department of Insurance Director Judith L. French is reminding Ohio farmers that March 15 is the final date to purchase or modify federal crop insurance coverage on 2021 spring-planted crops.
“Ohio farmers should consider whether crop insurance fits in their risk management plans,” French said. “We can help in that process. We have a listing on our website of agents licensed to sell crop insurance and provide guidance.”
Federally subsidized, multiple-peril crop insurance covers certain weather, pest, and revenue related losses. This coverage is dependent on crop establishment and reporting dates determined by the U.S. Department of Agriculture’s Risk Management Agency (RMA) that farmers must meet. The dates vary by crop and county and are available at www.rma.usda.gov. State-regulated policies for damage caused by hail and fire are also available with additional requirements. ....

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Ohio Department of Insurance Director Judith L. French Archives

Ohio Department of Insurance Director Judith L. French Archives
insurancejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancejournal.com Daily Mail and Mail on Sunday newspapers.

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