Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
When the nonprofit insurer is itself a nonprofit
Feb 20 2006 // Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination...
Business Moves
Feb 19 2006 // SUA, American Patriot Chicago-based Specialty Underwriters’ Alliance Inc. has signed a new contract with Westchester, Ill.-based American Patriot Insurance Agency Inc., a wholesale agency that specializes in roofing...
Closer Look: Nonprofits
Feb 19 2006 // Over the years, many a vexed property/casualty insurance company chief executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some...
Nonprofits
Feb 19 2006 // Over the years, many a vexed property casualty insurance company executive has joked about his firm being a nonprofit, blaming pricing regulation, market cycles, high loss ratios, low investment income or some combination...
Bush Pushes Health Care Account Plan to Wendy’s Employees in Ohio
Feb 17 2006 // During a visit to Dublin, Ohio this week, President Bush pitched his plan for making health care more accessible by creating tax breaks for health savings accounts to fast food chain Wendy’s employees . Opponents,...
Ohio Insurance Director Elected National Association Officer
Feb 17 2006 // Ohio Insurance Director Ann Womer Benjamin was elected secretary of the Midwestern Zone section of the National Association of Insurance Commissioners (NAIC) during its winter meeting in Chicago. Womer Benjamin was elected...
Progress Reported on Ohio BWC 2005 Financial Audit
Feb 15 2006 // With the indictment of Tom Noe this week, the Ohio Bureau of Workers’ Compensation (BWC) re-asserted the hope that its 2005 financial audit will be completed soon. The bureau, along with the Auditor of State’s...
Ohio Governor Outlines Proposals on Contracting and Lobbying Reforms
Feb 10 2006 // Ohio Gov. Bob Taft proposed reforms this week with the goal of ensuring greater transparency and fairness in state contracting and executive branch lobbying. Taft described the specifics of his proposal in a memo to...
Agents Object to Allstate Ads in Ohio Bureau of Motor Vehicle Mailings
Feb 7 2006 // Ohio Governor Bob Taft has asked a state agency to look into a contract that allows an insurance company to advertise in thousands of vehicle registration renewal notices sent to drivers, according to the Associated...
Ohio insurance department says malpractice premiums going down
Feb 6 2006 // The Ohio Department of Insurance recently said that years of escalating premiums for medical malpractice insurance for the state’s doctors may be coming to an end. For the first time in six years, an insurer is...
Satellite Images Used to Detect Crop Fraud
Feb 5 2006 // Fraud Roundup When thinking of satellite images most think of in terms of space exploration, but not as showing up in courtrooms to help prosecutors prove crop insurance fraud. Now the Agriculture Department’s Risk...
News Currents
Feb 5 2006 // Ohio insurance department says malpractice premiums going down The Ohio Department of Insurance recently said that years of escalating premiums for medical malpractice insurance for the state’s doctors may be coming...
Ohio Insurance Dept. Announces Malpractice Premiums Going Down
Jan 23 2006 // The Ohio Department of Insurance recently announced that years of escalating premiums for medical malpractice insurance for the state’s doctors may be ending. For the first time in six years, an insurer is lowering...
Ohio Insurance Deptartment amends financial regulation-related rules
Jan 22 2006 // The Ohio Department of Insurance recently filed revisions to several rules that could impact property and casualty insurance companies. The rules deal with solvency surveillance, acquisition or mergers, reinsurance terms...
Ohio Business Groups Push for Workers’ Comp Reforms
Jan 19 2006 // Business groups in Ohio are pushing lawmakers to enact reforms to the state insurance fund for injured workers that were agreed upon before a scandal broke over the fund’s investments, according to a recent account...
Ohio Man Buries Defunct BMW to Collect Insurance
Jan 18 2006 // Matthew Muller, 35, a resident of Akron, Ohio was sentenced to a year in prison for insurance fraud for burying his dead BMW and collecting $20,000 for the car he reported stolen. The car had been buried by Muller in...
Ohio Congressman Out as Chair of House Administration Committee
Jan 16 2006 // Ohio Republican Representative Bob Ney said Sunday that he will temporarily step down as chairman of the House Administration Committee. Ney has been implicated in the lobbying corruption investigation and scandel centered...
Ohio Insurance Dept. Amends Financial Regulation-Related Rules
Jan 11 2006 // The Ohio Department of Insurance recently filed revisions to several rules that could impact property and casualty insurance companies. The rules deal with solvency surveillance, acquisition or mergers, reinsurance terms...
Ohio Comp Bureau Issues Report Over Concerns of Private Investors
Jan 9 2006 // A controversial report regarding private equity funds managed for the Ohio state insurance fund for injured workers was released on Friday. The report was made public despite objections by some of the private fund managers...
Ohio Bureau of Workers’ Comp Expected to Reach Decision on Report
Jan 4 2006 // The Ohio state insurance fund for injured workers is expected to make a decision soon regarding the release of a report on the value of its private fund investments that investors have argued should be kept private. Some...
