8-K

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of earliest event reported):        July 1, 2004
                                                  ---------------------------



                            BANCINSURANCE CORPORATION
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             (Exact name of registrant as specified in its charter)



           OHIO                         0-8738                   31-0790882
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(State or other jurisdiction          (Commission              (IRS Employer
     of incorporation)                File Number)           Identification No.)



     250 EAST BROAD STREET, 10th FLOOR, COLUMBUS, OHIO                43215
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          (Address of principal executive offices)                  (Zip Code)


Registrant's telephone number, including area code         (614) 220-5220
                                                   ----------------------------



- -------------------------------------------------------------------------------
          (Former name or former address, if changed since last report)




                         Index to Exhibits is on Page 3.






Item 7.  Financial Statements and Exhibits

         (a)   None required.

         (b)   None required.

         (c)   Exhibits.

               99.1     Press Release issued July 1, 2004

               99.2     Press Release issued July 1, 2004

Item 9.  Regulation FD Disclosure

         On July 1, 2004, Bancinsurance Corporation issued a press release
announcing that its Board of Directors has increased the number of directors to
eight and elected Douglas G. Borror a director effective July 1, 2004.

         On July 1, 2004, Bancinsurance Corporation issued a press release
announcing that Sally J. Cress, its Principal Financial Officer, will be
retiring effective September 1, 2004. Bancinsurance Corporation simultaneously
announced the appointment of Matthew C. Nolan to succeed Mrs. Cress as the
Company's Principal Financial Officer, effective July 1, 2004.



                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                             BANCINSURANCE CORPORATION



Date:  July 1, 2004                          By:      /s/ John S. Sokol
       ------------                             ---------------------------
                                                John S. Sokol, President




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                                INDEX TO EXHIBITS


Exhibit Number                        Description
- --------------                        -----------

    99.1                   Press Release issued July 1, 2004

    99.2                   Press Release issued July 1, 2004


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EX-99.1

                                                                  EXHIBIT 99.1

COLUMBUS, Ohio (July 1, 2004) Bancinsurance Corporation (NASDAQ: BCIS), a
specialty insurance company, today announced the election of Douglas G. Borror,
48, to the Board of Directors effective July 1, 2004. His election increases the
Board of Directors to eight and the number of independent directors to five.

Mr. Borror will also serve on the Board of Directors of Ohio Indemnity, a
wholly-owned subsidiary.

"Mr. Borror was selected on the basis of his strong credentials and the
diversity of leadership and experience he brings to our board," said Si Sokol,
Chairman and Chief Executive Officer. "Specifically, his extensive business
experience and successful management of a public company will provide a valuable
perspective. This board expansion will provide additional oversight for the
continued focused growth we expect at Bancinsurance Corporation over the coming
years."

Mr. Borror has been Chairman of the Board of Directors of Dominion Homes, Inc.
(NASDAQ: DHOM) since 1999 and has served as its Chief Executive Officer since
September 1992. He is currently on the Board of Directors of Columbia Gas of
Ohio, Inc., The Huntington National Bank, Capital South Redevelopment
Corporation, The Wellington School, Recreation Unlimited and is a member of the
Board of Trustees of The Ohio State University.

Bancinsurance Corporation, headquartered in Columbus, Ohio, is principally
engaged through its property/casualty insurance subsidiary, Ohio Indemnity
Company, in underwriting specialty insurance. Lender/dealer insurance products
include our Ultimate Loss Insurance(R), creditor placed insurance and guaranteed
auto protection products. These products protect banks and other lenders against
risk arising from theft or damage to certain loan collateral where the borrower
has failed to secure or maintain adequate insurance coverage. The Company's
unemployment compensation products are utilized by not-for-profit entities that
elect to not pay the unemployment compensation tax and instead reimburse the
state unemployment agencies for benefits paid by the agencies to the entities'
former employees. The Company also assumes bail bond coverage.


                                       4

EX-99.2

                                                                  EXHIBIT 99.2

COLUMBUS, Ohio (July 1, 2004) Bancinsurance Corporation (NASDAQ: BCIS), a
specialty insurance company, today announced the retirement of Sally J. Cress
effective September 1, 2004. Matthew C. Nolan has been appointed to succeed Mrs.
Cress as the Company's Principal Financial Officer, effective today.

Mrs. Cress has served as Secretary and Treasurer of Bancinsurance Corporation
and Ohio Indemnity Company, a wholly-owned subsidiary, since March 4, 1985 and
was elected a Director of Ohio Indemnity Company on November 20, 1992.

John S. Sokol, President, said, "We appreciate the many contributions Sally has
made over the past 19 years. During this period the Company significantly
increased its business through expanded product offerings and entry into new
markets. Sally was instrumental in helping us successfully manage this growth
and maintaining strong financial controls and reporting. She has consistently
accepted increased responsibilities, demonstrated strong initiative, and
commitment to the Company's performance. We wish her the best in her future
endeavors."

Mr. Nolan has served as Manager of Finance & Reporting since joining
Bancinsurance Corporation on April 18, 2003. He was previously employed by KPMG
LLP from 1997 until he joined the Company last year. While at KPMG LLP, Mr.
Nolan was an Audit Manager in the financial services sector with a specialized
focus in the insurance industry. Mr. Nolan graduated summa cum laude from Ohio
University with a Bachelor of Business Administration degree in accounting. He
is a Certified Public Accountant and a member of the American Institute of
Certified Public Accountants, the Ohio Society of Certified Public Accountants,
and the Insurance Accounting and Systems Association.

Mr. Sokol, added, "Matt is an outstanding and well-respected leader. His
professional background combined with contributions he has made since joining
the Company last year will provide continuity in our financial management. I
look forward to working with Matt and the entire management team to continue
implementing the Company's focused growth strategy."

Bancinsurance Corporation, headquartered in Columbus, Ohio, is principally
engaged through its property/casualty insurance subsidiary, Ohio Indemnity
Company, in underwriting specialty insurance. Lender/dealer insurance products
include our Ultimate Loss Insurance(R), creditor placed insurance and guaranteed
auto protection products. These products protect banks and other lenders against
risk arising from theft or damage to certain loan collateral where the borrower
has failed to secure or maintain adequate insurance coverage. The Company's
unemployment compensation products are utilized by not-for-profit entities that
elect to not pay the unemployment compensation tax and instead reimburse the
state unemployment agencies for benefits paid by the agencies to the entities'
former employees. The Company also assumes bail bond coverage.



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