Latest Ohio Headlines
All the headlines from our Ohio Topic Page, ordered by recency.
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...
Ohio Med-Mal Panel to Release Interim Report
Mar 3 2004 // The Ohio Medical Malpractice Commission will hold a special meeting Friday, March 5, to finalize its interim report to the Ohio General Assembly. The commission is required to submit a final report of its findings to the...
Ohio Casualty’s Q4 Profit Down 5%; 260 Laid Off; S&P Revises to Stable
Feb 17 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...
Ohio Comp Bureau Gets 15% ROI
Feb 16 2004 // The Ohio Bureau of Workers’ Compensation (BWC) has announced a return on investment of 15.7 percent for 2003. BWC had an investment return assumption of 5.65 percent. The bureau’s rate of return for 2003 boosts...
RiskProNet Elects Robert W. Lampus President
Feb 12 2004 // Independent broker network RiskProNet International Inc. (RPNI) has named Robert W. Lampus its new president. Lampus is senior vice president and general counsel for Cleveland-based Dawson Insurance Inc. RPNI, based in...
Cincinnati Financial Announces Director Transitions
Feb 10 2004 // Ohio-based insurer Cincinnati Financial Corp. announced that two directors of the corporation and its subsidiaries will not stand for re-election at the company’s annual shareholders’ meeting on April 24,...
Ohio Casualty Signs on to SIS WebLink
Feb 2 2004 // Gahanna, Ohio-based insurance software vendor Strategic Insurance Software Inc. collaborated with Ohio Casualty Group to provide SIS WebLink real-time inquiry to their agencies using SEMCI PARTNER system. Ohio Casualty,...
Ohio’s First Woman Insurance Director Tackles Med-Mal Crisis
Jan 26 2004 // Ohio Insurance Director Ann Womer Benjamin’s first year in office since her appointment by Republican Gov. Robert Taft has been marked principally by her efforts to get a handle on the state’s medical liability...
