Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
Ohio Casualty Reports Q4 Profit Rise of 105%
Feb 25 2005 // Fairfield, Ohio-based insurer Ohio Casualty Corp. announced fourth-quarter net income of $56.9 million, or 82 cents per diluted share, versus $27.7 million, or 42 cents per diluted share. The company reported statutory...
Bancinsurance Hires Merlinos & Associates to Analyze Ohio Indemnity Loss Reserves
Feb 22 2005 // Columbus, Ohio-based specialty insurer Bancinsurance Corp. announced that Merlinos & Associates Inc. has been engaged to provide actuarial consulting services to its subsidiary, Ohio Indemnity Co. Merlinos &...
HOMEOWNERS RATES 4TH LOWEST IN NATION
Feb 21 2005 // Ohio insurance consumers continued to benefit from a healthy property/casualty market in 2004 and rates are not expected to change significantly in 2005, the state’s insurance department announced. Homeowners...
Ohio’s Common Sense Legal Reform
Feb 21 2005 // 2004 was a landmark year for common sense legal reform in Ohio. The state enacted significant asbestos reform, silica and mixed dust reform, and comprehensive tort reform legislation. The many benefits of these historic...
Ohio AG Reports Buckeye State Appointed Lead Plaintiff in Suit Against AIG
Feb 17 2005 // Ohio Attorney General Jim Petro announced this week that three of Ohio’s public retirement systems have been appointed lead plaintiff in a securities class action lawsuit against American International Group Inc....
Ohio Man Ordered to Pay Up
Feb 7 2005 // The Ohio Bureau of Workers’ Compensation announced a Columbus man has been sentenced for a misdemeanor charge of workers’ compensation fraud. Souhil Sabbagh was sentenced to one year probation and ordered to...
Ohio Man Commits Misdemeanor Fraud
Feb 7 2005 // The Ohio Bureau of Workers’ Compensation announced a Springfield man has been sentenced for a misdemeanor charge of workers’ compensation fraud. Jeff Hamm was sentenced to three months incarceration, a $300...
Ohio Woman Caught in Comp Scam
Feb 7 2005 // The Ohio Bureau of Workers’ Compensation announced a Clark County woman has been sentenced for a felony charge of workers’ compensation fraud. Doris Marcy was sentenced to one year probation and ordered to pay...
Ohio Has 4th Lowest Homeowners Rates, 16th Lowest in Auto Insurance
Feb 1 2005 // Ohio insurance consumers continued to benefit from a healthy property and casualty market in 2004 and rates are not expected to change significantly in 2005, the state’s insurance department announced. Homeowners...
Strategic Independent Agents Alliance Names Ohio Master Agency
Jan 31 2005 // Hampton, N.H.-based agency cooperative Strategic Independent Agents Alliance announced that American Heritage Insurance Group LLC of Cincinnati has established the Insurance Connection LLC as an SIAA master agency. Their...
Ohio DOI Pushes Plan Promoting Flexible Health Plans
Jan 27 2005 // The Ohio Department of Insurance has proposed a plan to help small business employees obtain more affordable health benefits. Key components of the plan, designed to provide small employers greater flexibility with health...
Ohio Casualty Affirmed
Jan 24 2005 // S&P revised its outlook on Ohio Casualty Corp. and the members of the Ohio Casualty Ins. Co. Intercompany Pool to positive from stable. S&P also affirmed its “BBB” counterparty credit and financial...
People & Places
Jan 24 2005 // Andy Schor Michigan Office of Financial and Insurance Services Commissioner Linda A. Watters named Andy Schor as the new public information officer. As PIO, Schor’s responsibilities will be to share the priorities...
Ohio Passes Mine Subsidence Insurance Bill
Jan 17 2005 // Legislation initiated by the Ohio Department of Insurance and the Ohio Department of Natural Resources that enhances insurance benefits for Ohioans living in counties affected by mine collapses passed the Ohio General...
Ohio Casualty Appoints Sullivan to Commercial Lines Division
Jan 11 2005 // The Ohio Casualty Insurance Company announced that Michael (Mike) Sullivan, 41, has been named senior vice president of the Commercial Lines Division, effective immediately. Ohio Casualty Corporation is the holding company...
Ohio Gov. Signs Lawsuit Reform Bills
Jan 6 2005 // Ohio Gov. Bob Taft on Thursday signed into law Senate Bill 80, the comprehensive lawsuit reform bill, and House Bill 498, the workers’ compensation intentional tort bill. Senate Bill 80 creates a system of civil...
Ohio Dept. of Insurance Names Walls Assistant Director for Policy and Legislation
Jan 5 2005 // Ohio Department of Insurance Director Ann Womer Benjamin has named Brent Walls Assistant Director for Policy and Legislation. Wall joins the department from the Office of Criminal Justice Services where he served in the...
Melting Snow, Ice Increase Claims in Ohio, Kentucky, North Carolina
Dec 30 2004 // The Kentucky Insurance Commission estimates damages of from $400,000 to $500,000 in losses due to last week’s winter storms and warmer temperatures this week. An unusual amount of snow and ice, high winds and...
Fitch Affirms Ohio Casualty’s Financial Strength and Debt Ratings; Outlook Stable
Dec 22 2004 // Fitch Ratings has affirmed the “A-” insurer financial strength ratings of Ohio Casualty Group’s intercompany pool members as the parent company’s “BBB-” long-term issuer rating and...
AIA Hails Passage of Ohio Tort Reform Bill
Dec 21 2004 // The American Insurance Association praised the Ohio General Assembly’s passage of a comprehensive tort reform package aimed at improving the state’s legal system. The measure, Senate Bill 80, is expected to be...
