Latest Ohio Headlines

All the headlines from our Ohio Topic Page, ordered by recency.

Editor’s Note: Coins of the Realm

Jun 6 2005 // You’ve probably heard by now about what happened in Ohio. The administrator of the state’s Bureau of Workers’ Compensation, Robert Conrad, has resigned amid a scandal over hundreds of missing coins. But...

Ohio Comp Fund Director Resigns Over Coin Investment Gone Awry

Jun 6 2005 // Ohio’s workers’ compensation director, once hailed as government’s “Mr. Fixit,” has resigned because of a growing scandal about the disappearance of about $10 million worth of rare coins the...

Ex-CNAer to Lead Ohio Captive Consulting Firm

May 31 2005 // Dennis Silvia, most recently of CNA Insurance Co.’s group captive practice, leads the operations at newly founded Cedar Consulting. The Chagrin Falls, Ohio-based firm will offer captive consulting and feasibility...

Ohio Comp Fund Director Resigns Amid Scandal Over Missing Rare Coins

May 31 2005 // Ohio’s workers’ compensation director, once hailed as government’s “Mr. Fixit,” has resigned because of a growing scandal about the disappearance of about $10 million worth of rare coins the...

Ohio AG Moves to Block Greenberg Sale of AIG Common Stock to Wife

May 27 2005 // Ohio Attorney General Jim Petro has filed suit against former American International Group Inc. CEO Maurice R. “Hank” Greenberg and his wife, Corinne P. Greenberg, in order to put a hold on the transfer of more...

Riczko Leaving Ohio Casualty as President of Insurance Operations

May 25 2005 // The Ohio Casualty Insurance Company reported the resignation of President of Insurance Operations Elizabeth (Beth) Riczko, 38, effective June 3, 2005. Riczko is leaving to pursue other interests. Ohio Casualty Corporation...

ACUITY Tabs Fahrenkrug to Manage Mich., Northern Ohio Territories

May 24 2005 // Jennifer Fahrenkrug has been promoted to territory manager at Sheboygan, Wis.-based regional property/casualty insurer ACUITY and will handle the company’s Michigan and Northern Ohio territories. Fahrenkrug began her...

Ohio Woman Arrested in Comp Scam

May 23 2005 // The Ohio Bureau of Workers’ Compensation announced a Clark County woman has been sentenced for a felony charge of workers’ compensation fraud. Roxanne Anania was sentenced to five years probation, $2,447.36 in...

Ohio House Bill Makes It Harder for Injured Employees to Sue

May 10 2005 // As of April 6, 2005, injured employees will find it harder to have “their day in court.” Through the recent passage of Ohio House Bill 498, changes will occur to the current state of employee liabilities in the...

AG PETRO GETS IN ON AIG LAWSUIT

May 9 2005 // Ohio Attorney General Jim Petro is expanding the scope of the securities fraud class action lawsuit currently pending against American International Group and others by filing an amended complaint in federal court in New...

COMMISSION CALLS FOR MED-MAL DOCKET

May 9 2005 // A pilot malpractice docket for medical liability suits and a “patient safety center” to help prevent medical errors are among the final recommendations offered by a commission chaired by Ohio Insurance Director...

Purmort Insurance Agency’s Family Tree’s Roots Go Back to 1876

May 9 2005 // When I stepped from the hot sunshine and left the traffic speeding along Sarasota, Fla.’s busy Bee Ridge Road into Al Purmort Insurance Agency Inc.’s cool air-conditioned lobby, it was like taking a step back...

Ohio Casualty Reports Q1 Net Income Up 96%

May 2 2005 // Property/casualty insurer Ohio Casualty Corp. reported first-quarter net income of $37.7 million, or 55 cents per diluted share, versus $19.2 million, or 31 cents per diluted share in the first quarter of 2004. The...

Ohio AG Gets in on the AIG Lawsuit

Apr 21 2005 // Ohio Attorney General Jim Petro is expanding the scope of the securities fraud class action lawsuit currently pending against American International Group (“AIG”) and others by filing an amended complaint in...

People & Places

Apr 18 2005 // Chicago-based brokerage giant Aon Corp. elected Gregory Case its new president and CEO and has added him to its board of directors. Case succeeds Patrick Ryan, who has served as Aon’s CEO since the company’s...

Ohio Casualty Names Gerard New Senior VP of Investments

Mar 28 2005 // The Ohio Casualty Insurance Co. announced that Paul Gerard has been named senior vice president of investments, effective March 21. Gerard, 45, comes to Ohio Casualty from GE Asset Management and Genworth Financial, where...

AG TO MAKE CASE AGAINST AIG IN CLASS ACTION SUIT

Mar 7 2005 // Ohio Attorney General Jim Petro announced last month that three of Ohio’s public retirement systems have been appointed lead plaintiff in a securities class action lawsuit against American International Group Inc....

Harcum-Schuett Agency Personnel Join Hylant Group in Ohio, Will Consult on School Plan

Mar 1 2005 // Toledo, Ohio-based Hylant Group has expanded its operations in Ohio with key personnel of the Harcum-Schuett Agency of Columbus joining Hylant Group. Dave Harcum will serve as a consultant to the Ohio School Plan, which is...

Weiss: Insurers Earn $28B in First Three Quarters of 2004

Feb 28 2005 // Despite a hurricane-ravaged third quarter, property/casualty insurers reported profits of $28.1 billion in the first nine months of 2004, representing a 22.4 percent increase over the $22.9 billion earned during the same...

Ohio Casualty Reports Q4 Profit Rise of 105%

Feb 25 2005 // Fairfield, Ohio-based insurer Ohio Casualty Corp. announced fourth-quarter net income of $56.9 million, or 82 cents per diluted share, versus $27.7 million, or 42 cents per diluted share. The company reported statutory...