What is Old Crescent Insurance Company?

The Old Crescent Insurance Company (OCIC) was formed by a resolution of the Indiana University Board of Trustees on November 5, 2004. It is a wholly owned, single parent, not-for-profit 501(c)(3) captive insurance company domiciled in Vermont.

Its name comes from the area of the original campus at the present location. Several of the buildings still in use date to before the 20^th century, The buildings include Franklin Hall (1907), the Student Building (1906) - home of the clock tower pictured above, Owen Hall (1884), Kirkwood Hall (1894), Lindley Hall (1902), Wylie Hall (1884), Swain Hall (1910-40), the Kirkwood Observatory (1900), Bryan Hall (1936), and the relatively new Law School (1956).

The picture on the home page is ca. 1944, a photo of the Student Building showing the clock tower. If you look carefully you can see a vehicle in the lower left corner of the image that helps date it. The Student Building burned while under renovation in the late 1990's cause serious damage to the bell tower and destroying the bells. They were replaced and today toll the quarter hour across the campus.