Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
Nationwide Mutual Targets Ohio, National Minorities for P&C Sales
Aug 11 2005 // Nationwide Mutual Insurance Co. is targeting minorities to grow its property and casualty insurance business. Beginning this month, the Columbus, Ohio-based insurer has tailored its “Life comes at you fast” ad...
Ohio Insurance Department Reorganizes Fraud Division
Aug 9 2005 // Ohio Insurance Director Ann Womer Benjamin today announced the reorganization of the Department’s Office of Investigative and Licensing Services to create a Fraud and Enforcement Division and a Market Regulation and...
Charity Outings Tee-Off Nationwide
Aug 8 2005 // If you believe the stereotype, insurance adjusters love golf. When I first began working in the insurance claims industry 15 years ago, I was told a joke about the industry: Three 10-year old boys are bragging about their...
Ohio WC Bureau Planning Hospital Rate Cuts
Aug 3 2005 // In spite of warnings from health care groups, the Ohio Bureau of Workers’ Compensation plans to cut the rates it pays hospitals treating sick and injured workers. The bureau insures about two-thirds of all employees...
Sky Adds Benefit Design Agency of Ohio to its Fold
Aug 1 2005 // Sky Financial Group Inc. announced the acquisition of B.K.M.’s Benefit Design Agency of Ohio Inc., Findlay, Ohio. Benefit Design Agency specializes in the development, implementation and on-going service of employee...
Ohio Gov. Makes Appointment to WC Oversight Commission
Aug 1 2005 // Continuing efforts to safeguard the integrity of the Bureau of Workers’ Compensation investments, Ohio Gov. Bob Taft has appointed retired business executive Michael Koetters, of Glendale, Ohio, to the BWC Oversight...
Ohio Sen. Dunn to Pursue Public Records Lawsuit Against Gov. Taft
Jul 28 2005 // Ohio State Sen. Marc Dann will not drop his public records lawsuit against Gov. Bob Taft, even though the governor has released hundreds of documents he wanted, the Associated Press reported. The Youngstown area Democrat...
Ohio Workers’ Comp Bureau Looking for New Investment Consultant
Jul 25 2005 // The Ohio state insurance fund for injured workers announced it is looking for a new outside consultant to review its investments, according to the Associated Press. The Ohio Bureau of Workers Compensation said it...
Ohio Investigates Bid-Rigging Among Insurers, Brokers
Jul 25 2005 // The Ohio Department of Insurance is investigating allegations that brokers across the state are engaging in bid-rigging and undisclosed commission arrangements with insurance companies, the Associated Press reported. The...
Ohio Gov. Releases Weekly Reports Related to Workers’ Comp
Jul 22 2005 // Ohio Gov. Bob Taft recently reversed course and agreed to release weekly reports from top officials at the embattled state insurance fund for injured workers, according to the Associated Press. Releasing the reports from...
OAHU Applauds Department of Insurance’s High Risk Pool Study
Jul 19 2005 // The Ohio Association of Health Underwriters (OAHU) announced that efforts to establish a High Risk Pool in Ohio have been supported by a study recently released by the Ohio Department of Insurance (ODI). A High Risk Pool...
Ohio AG Says Customers Need More Time, Info to Evaluate Marsh Settlement
Jul 19 2005 // Ohio Attorney General Jim Petro has told New York-based insurance broker Marsh & McLennan Companies Inc. that policyholders in Ohio harmed by the company’s alleged anticompetitive activities deserve more time...
Ohio’s Comp Investment Loss Exceeds $300 Million
Jul 18 2005 // COLUMBUS, Ohio-The state’s insurance fund for injured workers announced that a company hired to manage its investments had lost $71 million, bringing the agency’s total known investment losses to more than $300...
People
Jul 18 2005 // The Ohio Casualty Insurance Co. announced that Ralph S. Michael III, 50, has been named president and chief operating officer of the company, effective July 25, 2005. Michael comes to the Fairfield, Ohio-based company from...
People & Places
Jul 18 2005 // Ralph Michael The Ohio Casualty Insurance Co. announced that Ralph S. Michael III, 50, has been named president and chief operating officer of the company, effective July 25, 2005. Michael comes to the Fairfield,...
Ohio’s Comp Investment Loss Exceeds $300 Million
Jul 18 2005 // COLUMBUS, Ohio–The state’s insurance fund for injured workers announced that a company hired to manage its investments had lost $71 million, bringing the agency’s total known investment losses to more...
Ohio State Senator Says Explanation of Comp Fund Losses ‘Defies Credibility’
Jul 12 2005 // Someone in state government had to know that its insurance fund for injured workers was making bad investments, with losses now at $300 million from four accounts, a leading critic of Ohio Gov. Bob Taft’s handling of...
Ohio Comp Bureau Fires Asset Management Firm That Lost $60 Million
Jul 11 2005 // The Ohio Bureau of Workers’ Compensation announced it is terminating investment dealings with Allegiant Asset Management, a wholly-owned subsidiary of National City. BWC has asked that all remaining holdings in their...
AUTO THEFTS DOWN 2% FOR 2ND STRAIGHT YEAR:
Jul 4 2005 // Auto thefts in Ohio appear to have declined more than 2 percent for the second consecutive year, according to estimates released by the Ohio Insurance Institute. Based on auto theft survey results of 17 major Ohio city...
OVERSIGHT PANEL NIXES COMP DIVIDEND:
Jul 4 2005 // The Ohio Workers’ Compensation Oversight Commission has voted not to concur with the Ohio Bureau of Workers’ Compensation’s recommendation to grant a one-time 8-percent dividend on upcoming employer...
