Ohio Casualty Corporation announced that Myra C. Selby, 48, of Indianapolis, Ind., has resigned from its Board of Directors, effective Friday, Dec. 19.
The bulletin explained that, “Ms. Selby, who was named a director of the Board on Aug. 21, 2003, indicated her resignation was appropriate due to a conflict between her status as a partner in the Business Section of IceMiller, Legal and Business Advisors, Indianapolis, Ind., and the periodic representation by members of the firm of legal clients with interests adverse to Ohio Casualty Corporation and its insurance subsidiaries.”
Selby expressed her regrets at having to leave the Board. “I found the Board and other individuals within the Company that I met to be a quality group of professionals,” she stated.
“We regret the unavailability of Myra to continue her service on the Board of Directors. Her understanding of the insurance industry, legal system, and corporate issues would have been a welcome resource,” commented Lead Director Stanley N. Pontius. “The Governance Committee of the Board of Directors expects to begin an immediate search for a replacement for her seat.”
Was this article valuable?
Here are more articles you may enjoy.
High-Net-Worth Risk Appetite Drops as Some Regions Show Stabilization
Is the AI Boom a Bubble Waiting to Pop? Here’s What History Says
Howden US Tells Judge Brown & Brown Employees Fled Due to ‘Mistreatment’
Relief But Questions on Agents’ Duties to Insureds After Florida Court Ruling 

