Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
William Tsibulsky Now Deputy Director of Ohio DOI
Jun 13 2003 // Ohio Department of Insurance Director Ann Womer Benjamin announced the promotion of Chief of Staff William J. Tsibulsky to Deputy Director in a move consolidating the chief of staff and deputy director...
Ohio Senate Passes Tort, Asbestos Reforms
Jun 13 2003 // The Ohio Senate passed a litigation reform measure that will reportedly stem the tide of economic damage caused by out-of-control jury verdicts and other abuses of the tort system, according to a statement released by the...
Nationwide to Separate Chairman, CEO Roles
Jun 5 2003 // To further strengthen its corporate governance structure, the Nationwide Financial Services Inc. board of directors today announced that it has separated the roles of chairman and chief executive officer. As a result,...
Fulwider to Join Ohio DOI as Communications Director
Jun 3 2003 // Ohio Insurance Director Ann Womer Benjamin announced that Michael Fulwider will join her senior staff as communications director. Fulwider is currently the director of Communications and Media Relations for Columbus Public...
New Ohio Rule Restricts Insurance Scoring
May 30 2003 // The Ohio General Assembly’s Joint Committee on Agency Rule Review accepted an administrative rule sought by the Ohio Department of Insurance regarding an insurance company’s use of a consumer’s credit...
Ohio Commish Orders Unlicensed Insurers to Stop Doing Business
May 23 2003 // Ohio Insurance Director Ann Womer Benjamin ordered International Water Marine Safety Foundation and North American Marine General Insurance Co. to stop writing insurance policies in Ohio. The property and casualty insurers...
Ohio Casualty Corp. Notes Storms Impact Q2 Earnings
May 15 2003 // Ohio Casualty Corporation announced that second quarter earnings will be impacted by net catastrophe losses estimated at $12 million before tax which were incurred during the period April 1 though May 11,...
Ohio Woman Indicted for Fraud Allegedly Netted $300,000
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...
Ohio Casualty Files $500 Million Shelf Registration
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...
Ohio Casualty 1stQ Profit Down 26% From Year Ago
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...
Ohio Commissioner Delivers Med Mal Report
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...
S&P’s Affirms Ohio Casualty ‘BBB’ Ratings
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...
Ohio Casualty Announces Range of Expected First Quarter Earnings
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...
Fed Court Says Non-Ohio Carriers Not Bound by Scott-Pontzer
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...
Ohio Casualty Elects New Directors to Board
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...
Ohio Commish Orders Company to Stop Unlicensed Activity in State
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,...
Progressive Steps Up Claims Service
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...
Ohio Casualty Will Webcast Annual Meeting
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,...
Ohio Casualty Installs Mitchell’s Web-Based Claims Software
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...
NAII: Ohio Industry Critic’s Report on Credit Scoring Misleading
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...
