Initial Underwriting Group (Columbus, OH): Regulatory Action Warning

Exercise extreme caution. The Ohio Department of Insurance (ODI) issued a Cease and Desist Order against Initial Underwriting Group and its president, Jason Craddock.

Allegations (per ODI Order)

• Selling unapproved insurance products in Ohio.
• Making false/misleading statements about financial condition.
• Violating multiple provisions of Ohio insurance law (licensing, solvency, marketing).

What This Means

• The company was not authorized to transact insurance business in Ohio at the time.
• Any policies sold may be invalid or unenforceable; claims may go unpaid.
• Consumers who purchased coverage may have no guaranty fund protection.

Action Steps

1. Do not pay premiums or sign new agreements.
2. Verify licensing via ODI License Lookup for any insurer/agency.
3. Report any solicitation to ODI Consumer Services: 1-800-686-1526.
4. Consult a licensed Ohio agent for legitimate coverage.

Regulatory orders are public records; this is not a "scam alert" but a formal legal finding. Treat Initial Underwriting Group as unlicensed and non-compliant in Ohio.