Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
Does the economy drive sub-standard automobile insurance in California’
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...
Medical Justice Introduces Countersuit Malpractice Policies in N.C.
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...
Ohio February Winter Storm Losses Less Than Expected
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...
April CPCU Workshops in Mich., Ohio
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...
Bancinsurance Corp. Profits Down 71% in 2002
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...
Ohio Housing Conference to Zero in On Scoring
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...
Ohio Casualty Cuts Claims Staff
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...
Ohio Casualty Group Agents Now Have Access to Policy Loss Run Inquiry
Feb 21 2003 // Ohio Casualty Group (OCG) agents using Applied Agency Management Systems will now have access to Policy Loss Run Reports available through IVANS Transformation Station. The Loss Run Reports also will be accessible through...
Ohio Mutual Insurance Group Names New CEO
Feb 19 2003 // James J. Kennedy has been named CEO of the Ohio Mutual Insurance Group, headquartered in Bucyrus, Ohio. The announcement came after a nationwide search by Ohio Mutual’s board of directors and Jacobson Executive...
Kennedy Named CEO for Ohio Mutual Group
Feb 18 2003 // The Ohio Mutual Insurance Group’s Board of Directors has named James Kennedy, the CEO of their “A” excellent-rated property and casualty insurance group. “We believe that Jim’s foundation in...
Ohio Casualty Reports Lower Profits But Beats Street Estimates
Feb 6 2003 // Ohio Casualty Corp. reported lower quarterly profit as it took lower gains from investments, but it beat analysts’ forecasts as premium prices rose. The Fairfield, Ohio-based property/casualty insurer reported...
Ohio Court Strikes Progressive Class Action Suit
Feb 3 2003 // A Jan. 23 Ohio appeals court decision to protect Progressive Corp. against a national class action suit averted “significant cost increases” in auto insurance premiums, according to Ohio Insurance Director Ann...
Tsibulsky Named Chief of Staff in Ohio Dept.
Jan 29 2003 // Ohio Insurance Director Ann Womer Benjamin named William Tsibulsky as the Department’s Chief of Staff. “I am excited that the Department will have a person of Bill’s dedication and experience helping...
NAMIC Increases State Advocacy Resources, Names Thesing State Advocate
Jan 17 2003 // Continuing its expansion of state advocacy, the National Association of Mutual Insurance Companies (NAMIC) has named Joe Thesing, formerly with the Ohio School Boards Association, to the position of State Advocate. Thesing...
NAII Says Ohio’s Proposed Credit-Based Scoring Rules Soften, but Need Fine-Tuning
Jan 13 2003 // Ohio’s proposed credit-based insurance scoring rules have softened, but need additional fine-tuning to be more effective and beneficial to consumers, according to the National Association of Independent Insurers...
Ann Womer Benjamin Takes Over as Ohio Insurance Director
Jan 7 2003 // Ann Womer Benjamin of Aurora became the 45th Director, and the first woman, to lead the Ohio Insurance Department when she took the oath of office from State Supreme Court Chief Justice Thomas Moyer on Friday. She assumed...
NAMIC Supports Credit Scoring in Testimony at Ohio Ins. Dept. Hearing
Jan 3 2003 // The National Association of Mutual Insurance Companies strongly supported the right of insurers to use credit information in making underwriting and rating decisions, in testimony before an Ohio Department of Insurance...
Ferrando Decision “Disappointing, But Not Surprising,” Alliance Says
Dec 31 2002 // The Alliance of American Insurers, which had filed an amicus brief in the Ferrando uninsured motorist case with the Ohio Supreme Court, said the decision “to overturn an appellate court ruling related to underinsured...
Ohio Court Rules Against Insurers in Ferrando Case
Dec 30 2002 // Ohio’s Supreme Court has ruled in the case of Ferrando v. Auto Owners that uninsured or underinsured motorist coverage (UM/UIM) may be claimed even in cases where there has been a length delay in notifying the...
Ohio Ins. Dept. to Revoke Agent Licenses for Alleged Fraudulent Investment Schemes
Dec 26 2002 // Holly Saelens, the interim director of the Ohio Department of Insurance (ODI), has notified Powell securities dealer Vernon W. Shiflett and associate Paul L. Edwards, an insurance agent from Marion, of the...
