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Ohio National Financial Services Inc.

Displaying 7 results

Topic

Ohio National broker pitched VA trades as ‘infinite banking’: Finra

The B-D's $1.3 million settlement with the regulator involves its failure to supervise adequately a complex series of transactions involving variable annuities and whole life insurance policies.

Topic
  • News
  • April 26, 2021

Ohio National fends off VA trail commission suit, others remain

The insurer recently won a long-running case brought by several brokers, though it is fighting several other suits from broker-dealers.

Topic

Raymond James sues Ohio National for $10 million in VA commission fight

Raymond James is the latest broker to join the tussle over compensation on the insurer's variable annuities

Topic
  • News
  • April 23, 2020

Another broker sues Ohio National over VA commissions

Somerset Securities recently filed a case against the insurer over its 2018 decision to halt trail commissions on certain variable annuity contracts

Topic
  • News
  • February 7, 2020

Ohio National settles with Kestra over VA commissions

The insurer faces one less lawsuit over its termination of trail compensation

Topic
  • News
  • November 22, 2019

Five brokers lose Ohio National lawsuit over annuity commissions

Judge rules the brokers weren't beneficiaries of the selling agreement between the insurer and broker-dealers.

Topic
  • News
  • November 12, 2019

Ohio National to pay $213,000 to insurance agent for breaching contract

A jury found the insurer prevented Elisia Lattimer from recruiting insurance agents to her practice.