All the headlines from our Ohio Topic Page, ordered by recency.
May 14 2003 // Recent investigations conducted by the Ohio insurance department’s fraud unit have led to three indictments of Ohioans attempting to defraud insurance companies, according to a statement released by insurance...
May 12 2003 // Ohio Casualty Corp. filed a shelf registration statement with the Securities and Exchange Commission to sell up to $500 million of securities, including stock or debt, for general purposes. The Fairfield, Ohio-based...
May 9 2003 // Ohio Casualty Corp. announced first-quarter net income of $19.9 million, or 33 cents per share, down 26 percent from $26.9 million, or 44 cents per share a year ago.CEO Dan Carmichael blamed the results on catastrophe...
May 2 2003 // The Ohio Department of Insurance has delivered the final report addressing the feasibility of a patient compensation fund to Gov. Bob Taft, the Speaker of the House, President of the Senate, and the committee chairs...
May 1 2003 // Standard & Poor’s Ratings Services said today that it affirmed its “BBB” counterparty credit and financial strength ratings on American Fire & Casualty Co., Ohio Casualty Insurance Co., Ohio...
Apr 28 2003 // Ohio Casualty Corp., the holding company for Ohio Casualty Insurance Co., expects to report net income per share of 31 to 35 cents for the first quarter 2003. This net income per share estimate includes about 21 cents per...
Apr 23 2003 // A federal court has ruled that insurance carriers not domiciled in Ohio are not bound by a state Supreme Court decision which held that corporate uninsured motorist policies extend to employees and their private...
Apr 17 2003 // Fairfield-based Ohio Casualty Corp. has added two members to its board of directors: William P. Boardman and Robert A. Oakley.Boardman, 61, a native of Columbus, Ohio, is a retired executive of Bank One Corporation. At the...
Apr 15 2003 // Ohio Department of Insurance Director Ann Womer Benjamin today ordered First Actual American Insurance Company (FAAIC) to cease and desist its illegal operation in the state of Ohio.The order alleges that the Canby,...
Apr 9 2003 // Leading auto insurer Progressive Insurance Co., well known for its claims service, is now stepping up that service to the next level, according to a statement released by the company.The Mayfield Village, Ohio-based...
Apr 7 2003 // Ohio Casualty Corp will Webcast its annual shareholder meeting. The meeting will be held at 10:30 a.m., April 16, in the Ohio Casualty University Auditorium at the company’s Fairfield, Ohio, corporate headquarters,...
Apr 1 2003 // The member companies of Ohio Casualty Group (OCG) are installing Mitchell International Inc.’s Web-based claims workflow solution for auto physical damage claims. OCG’s choice, part of the eMitchell solutions...
Mar 31 2003 // A report released this month regarding Ohio insurers’ use of credit-based insurance scores incorrectly asserts that such scores intentionally and unfairly create a disproportionate impact on minority and low-income...
Mar 24 2003 // Have we finally arrived at the point where the economy is a critical factor in personal automobile insurance?Not quite but it is my opinion that we are closing in. Although insurance company annual statements do not...
Mar 19 2003 // Medical Justice™ Corporation announced it is partnering with local insurance brokers in North Carolina and Ohio, as well as the Florida Medical Association, to protect physicians from frivolous malpractice cases with its...
Mar 17 2003 // Preliminary estimates from February’s snow and ice storms that hammered 16 states from the Mid-Atlantic to New England caused less than $20 million in insured losses in Ohio, according to the Ohio Insurance Institute...
Mar 13 2003 // The CPCU Society has scheduled numerous workshops to be presented in April, including two in Ohio and one in Michigan. These workshops are open to CPCUs and other insurance professionals, and provide the opportunity for...
Mar 6 2003 // Bancinsurance Corp., the Columbus, Ohio-based parent of P&C insurer Ohio Indemnity Co., reported a profit of $889.6 million in 2002, down 71 percent from $3.1 billion in 2001, thanks in part to an after-tax charge of...
Mar 4 2003 // An Ohio Civil Rights Commission (OCRC) housing conference will host several panel discussions about the impact of insurance scoring on access to homeownership in the state.Three sessions dealing with different issues...
Feb 24 2003 // Ohio Casualty Corp. has laid off 87 claims staffers, which the company says will save $1.8 million this year and $4 million annually thereafter. The Fairfield, Ohio, insurer says the cuts will not affect claims service...