Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
Ohio’s Top Court: Subrogation Law Unconstitutional
Jun 1 2004 // The Ohio subrogation law that requires employees to reimburse their employers for their workers’ compensation benefits expenses if they win a work-related, third-party lawsuit was ruled unconstitutional by the...
AIA Hails Ohio’s ‘Landmark’ Asbestos and Silica Reforms
May 28 2004 // The Washington, D.C.-based insurer lobbyist American Insurance Association (AIA) praised the Ohio General Assembly’s passage of the first asbestos reform legislation in the country that helps “truly sick victim...
Asbestos and Silica Liability Bills Pass Ohio Legislature
May 26 2004 // Legislation limiting asbestos and silica lawsuits passed the full House this week and now moves to Gov. Bob Taft’s desk for his signature. House Bill 292 and HB 342 would make Ohio the first state to adopt medical...
Ohio DOI Recovered $5 Million in Health-Care Services
May 13 2004 // Ohio’s Patient Protection Act, which allows qualified consumers to appeal the denial, reduction or termination of health care services by their health carrier, has saved Ohioans nearly $5 million since May 2000...
Ohio DOI Announces Small Business Hotline
May 10 2004 // The Ohio Department of Insurance announced that it has established a toll-free hotline to assist the state’s small business owners with questions about health, business automobile, property and professional liability...
Ohio Casualty’s Q1 Profit Down From Year Ago
May 6 2004 // Fairfield-based insurer Ohio Casualty Corp. announced the following results for its first quarter, compared with the same period of the prior year: Net income of $19.2 million, or 31 cents per diluted share, versus $19.9...
People and Places
May 3 2004 // Leonard Brevik The National Association of Profess-ional Insurance Agents (PIA) has named Leonard C. Brevik executive vice president of the association and CEO of its for-profit subsidiary, PIA Services Inc. Brevik most...
Medical Mutual of Ohio Announces HSA Products
Apr 28 2004 // Cleveland-based Medical Mutual of Ohio has introduced a line of Health Savings Account products. An HSA is a special tax-sheltered savings account that is similar to a traditional IRA, but is intended only for medical...
NAMIC Cheers Property Lien Bill’s Passage
Apr 23 2004 // On behalf of its 98 member companies domiciled in Ohio, the National Association of Mutual Insurance Cos. (NAMIC) commends Ohio Gov. Bob Taft for signing HB 301 into law. The bill addresses concerns regarding the ability...
Ohio Governor Signs Med-Mal Stabilization Bill
Apr 13 2004 // Calling the ongoing escalation in medical malpractice insurance rates “a threat to doctors and their patients,” Ohio Governor Bob Taft on Monday signed House Bill 282 authorizing establishment of a new Medical...
Ohio Casualty CIO Kelly Resigns
Apr 8 2004 // Fairfield, Ohio-based insurer Ohio Casualty Corp. has announced the resignation of Senior Vice President and Chief Investment Officer Richard B. Kelly, effective April 16, 2004. Kelly, 49, joined Ohio Casualty in 1986 as...
People and Places
Apr 5 2004 // Evan Greenberg The board of directors of Bermudan insurer ACE Ltd. has elected its president, Evan G. Greenberg, to the additional post of CEO, effective May 27, 2004. Greenberg was formerly a top executive at American...
Ohio Comp Bureau Conducts Random Sweep of 200 Toledo Area Employers
Mar 29 2004 // The Ohio Bureau of Workers’ Compensation (BWC) recently concluded a random sweep of 200 employers in the Toledo area to determine whether they have active workers’ compensation coverage, collecting $110,412 in...
Ohio Casualty Director Won’t Seek Re-Election
Mar 15 2004 // Stephen S. Marcum, 46, has announced that he will not seek re-election as a member of the board of directors of the Fairfield-based insurer Ohio Casualty Corp. He will step down effective April 21, 2004, at the...
Ohio Med-Mal Commission Issues Interim Report
Mar 10 2004 // Ohio’s Medical Malpractice Commission has released its interim report (PDF) to the governor and members of the General Assembly, recommending actions that could help stabilize medical malpractice rates in...
First Financial Buys Ind. Agency
Mar 10 2004 // Hamilton, Ohio-based First Financial Bancorp has purchased an insurance agency operation in Highland, Ind. The purchase arrangement was completed Feb. 1, 2004, and the agency is now operating as a full-service unit of...
Tort Reformers Look to Score in States after Washington Strikes Out
Mar 8 2004 // Last fall at a University of Virginia Law School forum on tort reform, some of the nation’s top tort experts agreed there were no easy answers on how to solve the nation’s longstanding love-hate relationship...
Ohio OKs Med-Mal Backup; Docs Complain Caps Aren’t Working
Mar 8 2004 // AP Wire Service Ohio would create an insurance company to protect doctors and hospitals should private medical malpractice insurers leave the market under a bill approved by the Senate recently. The bill, which passed...
OHIO CASUALTY LAYS OFF 260:
Mar 8 2004 // Insurer Ohio Casualty Corp. announced that its 2004 fourth-quarter profit was $27.7 million, down 5 percent from last year’s $29.1 million. Meanwhile, the Fairfield, Ohio-based company boasted that a company-wide...
People and Places
Mar 8 2004 // Frank Renfro Kokomo, Ind.-based First National Bank & Trust announced the promotion of Frank Renfro to the position of president of First National Insurance, a wholly-owned subsidiary. Renfro was promoted to the...
