All the headlines from our Allied Insurance Topic Page, ordered by recency.
Sep 23 2009 // A.M. Best Co. has assigned a debt rating of “a-” to the new issuance of $300 million 7.35 percent 10-year senior unsecured notes of W. R. Berkley Corporation, and has assigned them a stable outlook. Proceeds...
Sep 21 2009 // The Web site for Hanover Excess (www.hanoverxs.com) proclaims that the people at this North Carolina excess and surplus brokerage believe in the “pursuit of excellence while keeping a sense of humor.”David...
Sep 14 2009 // The Ohio Department of Insurance and Nationwide Insurance have issued a warning regarding an international mail fraud scheme that uses the Nationwide name.Consumers in as many as 10 states have reportedly received...
Jul 24 2009 // Insurance Commissioner Wayne Goodwin wants North Carolinian homeowners to be aware of a class-action settlement with Nationwide Mutual Insurance Co. for which he estimates some 304,995 consumers across the state may...
Jul 7 2009 // More than 9,000 Oregonians may be eligible for payments as a result of a class-action settlement between Nationwide Mutual Insurance Co. and affiliated companies and homeowner policyholders who claimed they were underpaid...
Jun 26 2009 // One of the Nationwide Tour’s top events slashed its purse nearly in half because of a lack of sponsorships.This week’s Players Cup at Pete Dye Golf Course in West Virginia will award $600,000 in prize money,...
Apr 20 2009 // The Texas Supreme Court has ruled that an insurance company must pay a family’s claim over a child critically injured by a truck that was fleeing from police.The child’s parents, Greg and Maribel Tanner, sued...
Apr 20 2009 // Nationwide Mutual InsuranceColumbus, Ohio-based Nationwide Mutual Insurance Co. on April 3 laid off 480 employees and contractors across the country, a spokesman said. Nationwide has eliminated about 3,000 jobs nationally...
Apr 6 2009 // Nationwide Mutual Insurance Co., based in Columbus, Ohio, on April 3 laid off 480 employees and contractors across the country, the latest round of job cuts from the insurance giant, a spokesman said.Nationwide has...
Jan 29 2009 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Nationwide Group and its...
Jan 29 2009 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength ratings (FSR) and the issuer credit ratings (ICR) of the core life/health subsidiaries of Nationwide Financial Services,...
Dec 1 2008 // The Texas Supreme Court must decide if an Ohio insurance company should pay in the case of a boy injured by a driver who was speeding away from police.Richard Gibbons was evading San Marcos, Texas, police in 1999 when his...
Nov 3 2008 // Nationwide Insurance is offering up to 35 percent premium discounts along the Mississippi Gulf Coast to qualified policyholders who reinforce their houses against wind damage.Insurance Commissioner Mike Chaney says...
Oct 15 2008 // Nationwide opened a new office in Memphis, Tenn. Nationwide said the opening of this office is part of the company’s efforts to reach diverse consumers and grow its market share among a diverse population. Associate...
Oct 10 2008 // PARSIPPANY, N.J., (October 10, 2008) – York Insurance Services Group, Inc., a premier national provider of insurance services, including claims handling, specialized loss adjusting, managed care, insurance pool...
Sep 30 2008 // Equity Risk Partners, Inc. (ERP), the only full service insurance brokerage and consulting firm focused exclusively on the private equity industry, has opened the doors to its new Manhattan office in conjunction with a...
Aug 21 2008 // One of the nation’s largest insurance companies is lobbying Congress for permission to sell policies that cover damage from both wind and flood water, a plan billed as a way for insurers and homeowners to avoid...
Aug 20 2008 // Americans continue to overwhelmingly reject an ongoing push to lower the legal drinking age from 21 to 18. According to a Nationwide Insurance survey, 72 percent of adults think lowering the drinking age will make alcohol...
Aug 8 2008 // Nationwide Mutual Insurance Co. said on Aug. 6 that it will buy out its publicly traded retirement savings company Nationwide Financial Services Inc. for about $2.4 billion.The diversified insurance company will acquire...
Aug 4 2008 // Travelers, Nationwide Mutual and two leading national insurance producer organizations are supporting a plan they say will make private windstorm insurance more affordable and available in coastal areas.Federal legislation...