All the headlines from our Ohio Topic Page, ordered by recency.
Feb 16 2004 // The Ohio Bureau of Workers’ Compensation (BWC) has announced a return on investment of 15.7 percent for 2003. BWC had an investment return assumption of 5.65 percent. The bureau’s rate of return for 2003 boosts...
Feb 12 2004 // Independent broker network RiskProNet International Inc. (RPNI) has named Robert W. Lampus its new president. Lampus is senior vice president and general counsel for Cleveland-based Dawson Insurance Inc.RPNI, based in...
Feb 10 2004 // Ohio-based insurer Cincinnati Financial Corp. announced that two directors of the corporation and its subsidiaries will not stand for re-election at the company’s annual shareholders’ meeting on April 24,...
Feb 2 2004 // Gahanna, Ohio-based insurance software vendor Strategic Insurance Software Inc. collaborated with Ohio Casualty Group to provide SIS WebLink real-time inquiry to their agencies using SEMCI PARTNER system. Ohio Casualty,...
Jan 26 2004 // Ohio Insurance Director Ann Womer Benjamin’s first year in office since her appointment by Republican Gov. Robert Taft has been marked principally by her efforts to get a handle on the state’s medical liability...
Jan 26 2004 // As state legislatures kick into gear around the Midwest, securing favorable asbestos and tort reforms in Ohio, guarding Illinois’ healthy insurance climate and protecting the use of the Claim Loss Underwriting...
Jan 26 2004 // The U.S. Census Bureau’s 2000 census estimated Ohio’s population at 11.4 million. About 83 percent of the adult residents had graduated from high school and about 21 percent had earned a bachelor’s degree...
Jan 26 2004 // Fitch Ratings has assigned an insurer financial strength rating of ‘A-‘ to Ohio Casualty Group’s intercompany pool members.In addition, Fitch has affirmed the ‘BBB-‘ senior debt rating and...
Jan 19 2004 // Ohio Department of Insurance (ODI) Director Ann Womer Benjamin announced that Brenda Dawn Johnson, 48, of Stoutsville, Ohio, reached a plea agreement yesterday in the Fairfield County Court of Common Pleas in a $400,000...
Jan 12 2004 // The workers’ compensation segment in Midwestern states is not immune to the broad trends in the line nationally — including poor combined ratios, escalating medical costs and severe underreserving — but no...
Jan 7 2004 // Bowling Green, Ohio-based banking and insurance firm Sky Financial Group Inc. has acquired Spencer-Patterson Agency, Inc. of Findlay, Ohio. Spencer-Patterson is a full-service agency that sells professional liability,...
Dec 23 2003 // Ohio Department of Insurance Director Ann Womer Benjamin announced that OHA Insurance Solutions (OHAIS) Inc. has been licensed to begin selling medical liability coverage statewide to a limited number of physicians...
Dec 22 2003 // Ohio Casualty Corporation announced that Myra C. Selby, 48, of Indianapolis, Ind., has resigned from its Board of Directors, effective Friday, Dec. 19. The bulletin explained that, “Ms. Selby, who was named a...
Dec 12 2003 // The Alliance of American Insurers is encouraging Ohio lawmakers to seize the momentum and act quickly on legislation dealing with tort reform and asbestos litigation reform. The Ohio House on Thursday approved HB 292,...
Dec 12 2003 // Cincinnati Financial Corporation announced that the Ohio Supreme Court’s recent reversal of its Scott-Pontzer decision could result in the release of approximately $75 million in uninsured motorist/underinsured...
Dec 9 2003 // A.M. Best Co. has affirmed Cincinnati-based Ohio Casualty Group’s financial strength rating of “A-” (excellent).Best also affirmed the debt rating of “bbb-” of Ohio Casualty Corp.’s...
Dec 3 2003 // Ohio Insurance Director Ann Womer Benjamin testified today before the state’s House Insurance Committee to advocate for changes that would protect $12 million for medical malpractice initiatives and provide the...
Nov 20 2003 // Ohio-based ProCentury Corporation, the parent company of Century Insurance Group, announced that Edward Feighan has been named the company’s chairman and CEO.Feighan is an investor, entrepreneur and former Cuyahoga...
Nov 20 2003 // Fairfield, Ohio-based Ohio Casualty Group (OCG) has announced that real-time billing and claim inquiries are now available to its independent agencies through TransactNOW from AMS Services Inc. TransactNOW was introduced...
Nov 7 2003 // Fairfield-based insurer Ohio Casualty Corp posted a third-quarter profit of $17.2 million, or 28 cents per diluted share, compared with a year-ago net loss of $69.9 million, or $1.15 per diluted share. Across all lines,...