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The Ohio Casualty Insurance Company history
The Ohio Casualty Insurance Company company history timeline
The company began to diversify in 1923, offering glass insurance for homeowners and businesses, and selling policies outside the state.
Rapid growth necessitated the parent's third and final move to an office on Third Street in Hamilton in 1927.
The company established its first branch office, in Cleveland, in 1935; a second branch followed three years later in Detroit.
The 1939 acquisition and subsequent merger of the Pennsylvania Indemnity Company expanded Ohio Casualty's reach eastward.
Co-founder Howard Sloneker, Sr. advanced to Ohio Casualty's presidency when Ben Lecklider died in 1940.
An insurance holding company, Ohio Casualty Corporation, was formed in 1969 to coordinate the activities of the six related companies.
John Sloneker advanced to Ohio Casualty's board chair and chief executive office when brother Howard retired in 1978.
The most notorious law, California's Proposition 103, mandated 15 percent cuts in auto insurance premiums and refunds to many customers after its 1988 ratification.
Ohio Casualty Corp., which celebrated its 75th anniversary in 1994, ranks as one of the United States's top 35 stock insurance holding companies, with $3.8 billion in assets.
The Bureau of Economic Analysis estimates that Ohio's gross state product in 2004 was $419 billionwww.bea.gov/bea/newsrel/gspnewsrelease.htm.
(note: the Medical University of Ohio will merge with the University of Toledo, effective July 1, 2006)
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The Ohio Casualty Insurance Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| St. Paul Fire & Marine Insurance Co | 1853 | $6.5B | 10,000 | - |
| Allied Insurance Brokers | 1982 | $57.0M | 39 | - |
| Bristol West Insurance Group | 1973 | $370.0M | 469 | - |
| Indiana Insurance Company | 1851 | $560.0M | 750 | - |
| EMC Insurance | 1911 | $1.1B | 2,338 | 126 |
| General Casualty Insurance | - | $432.2M | 2,219 | - |
| Hastings Mutual Insurance | 1885 | $406.0M | 450 | 2 |
| Pilgrim Insurance | 1987 | $8.5M | 75 | - |
| Utica National Insurance Group | 1914 | $910.0M | 1,350 | 33 |
| CCMSI | 1978 | $170.0M | 202 | 61 |
The Ohio Casualty Insurance Company history FAQs
Zippia gives an in-depth look into the details of The Ohio Casualty Insurance Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Ohio Casualty Insurance Company. The employee data is based on information from people who have self-reported their past or current employments at The Ohio Casualty Insurance Company. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by The Ohio Casualty Insurance Company. The data presented on this page does not represent the view of The Ohio Casualty Insurance Company and its employees or that of Zippia.
The Ohio Casualty Insurance Company may also be known as or be related to Ohio Casualty Insurance Co and The Ohio Casualty Insurance Company.