Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
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...
News Briefs
Jul 4 2005 // ILLINOIS Feds Subpoena CNA on Finite Reinsurance: Chicago-based commercial insurer CNA Financial Corp. has received a subpoena from New York federal prosecutor David Kelley relating to his investigation of finite...
Ohio Dems Look to Cash in on Comp Fund Investment Mishap
Jul 4 2005 // COLUMBUS, Ohio–Democrats hoping to take advantage of an investment scandal at the state’s insurance fund for injured workers unveiled a TV ad targeting Republicans as the root of problems in Ohio. The ad...
Ohio Employers Can Split Comp Premium Into 2 Payments
Jun 30 2005 // Beginning July 18, Ohio employers will be allowed to split their premium into two payments for the Jan. 1 to June 30, 2005, payroll period. If an employer chooses the online 50/50 plan, the Bureau of Workers’...
Ohio Auto Thefts Down 2% for 2nd Straight Year
Jun 22 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...
AIA CHEERS ELIMINATION OF PUBLICATION REQUIREMENT
Jun 20 2005 // The American Insurance Association called the elimination of Ohio’s certificate of compliance publishing requirement a welcome move that reaffirms the state’s commitment to a modern, vibrant insurance market....
News Briefs
Jun 20 2005 // INDIANA Commissioner Withdraws Controversial ‘Sole-Use’ Bulletin Indiana Insurance Commissioner Jim Atterholt has withdrawn a bulletin that interpreted the “sole-use” provision of the state’s...
Ethics Panel Expands Probe Into Ohio Comp Bureau Investments
Jun 20 2005 // Ohio taxpayers may own 3,500 bottles of expensive wine and 265 illegal Cuban cigars found in the cellar of the suburban Denver home of a former employee of coin dealer Tom Noe. Authorities on Friday seized the wine,...
Ohio’s Oversight Commission Votes Down BWC Dividend
Jun 17 2005 // The Ohio Workers’ Compensation Oversight Commission has voted not to concur with the Ohio Bureau of Workers’ Compensation’s (BWC) recommendation to grant a one-time percent dividend on upcoming employer...
Ohio AG Calls Again for Authority to Review Contracts by BWC, Other Agencies Before Signing
Jun 10 2005 // Too many state agencies continue to enter into state contracts without the state attorney general’s office reviewing them beforehand, a problem that can only be corrected by changing state law, Ohio Attorney General...
Ohio Eliminates Publication Requirement; AIA Cheers
Jun 9 2005 // The American Insurance Association called the elimination of Ohio’s certificate of compliance publishing requirement a welcome move that reaffirms the state’s commitment to a modern, vibrant insurance market....
Ethics Panel Expands Probe Into Ohio Comp Bureau Investments
Jun 8 2005 // Ohio taxpayers may own 3,500 bottles of expensive wine and 265 illegal Cuban cigars found in the cellar of the suburban Denver home of a former employee of coin dealer Tom Noe. Authorities on Friday seized the wine,...
Taft Tabs Kielmeyer as Interim Ohio Comp Bureau Chief; Panel Will Review Investment Portfolio
Jun 7 2005 // Ohio Gov. Bob Taft announced the appointment of Tina Kielmeyer as the interim administrator of the Ohio Bureau of Workers’ Compensation and appointed a panel of top bureaucrats to review the bureau’s investment...
