All the headlines from our Allied Insurance Topic Page, ordered by recency.
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...
Jul 16 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...
Jul 7 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...
Jul 7 2008 // Nationwide and Allstate will insure homes along the Mississippi coast where the current insurer decided not to renew policies, officials said.The State Farm Insurance action involves 892 policies within 1,000 feet of...
Jul 7 2008 // South Carolina Medical AssociationThe South Carolina Medical Association has launched its new subsidiary, the South Carolina Physician Assurance Co. The new insurance company will provide medical malpractice coverage to...
Jul 7 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...
Jun 27 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...
Jun 19 2008 // Nationwide Insurance will open a consolidated state claims office in Kanawha County in July. Nationwide spokeswoman Liz Christopher said June 17 that five claims offices with 72 employees statewide will be moved to one...
Jun 16 2008 // Nationwide and Allstate will insure homes along the Mississippi coast where the current insurer decided not to renew policies, officials said.The State Farm Insurance action involves 892 policies within 1,000 feet of...
Jun 9 2008 // Seattle-based Safeco announced that its safe teen driving solution, Teensurance is now available nationwide.Teensurance offers a set of online tools to encourage safe driving, including a GPS-based device – the...
Jun 2 2008 // Standard & Poor’s Ratings Services has announced that it is keeping its ratings on Nationwide Financial Services Inc. (NFS), its subsidiaries, and related securities on CreditWatch with negative...
May 19 2008 // Nationwide Insurance says it will cut 204 jobs at its Portland, Ore., offices in June. According to a filing with the state, the mass layoff is part of Nationwide’s plans to eliminate certain departments. Nationwide...
May 5 2008 // BB&T Insurance Services, Union Bank of CaliforniaRaleigh, N.C.-based BB&T Insurance Services reached an agreement with Union Bank of California North America to purchase its San Diego-based insurance subsidiary,...
Apr 1 2008 // Fitch Ratings has affirmed the ‘AA-‘ insurer financial strength (IFS) ratings on Nationwide Mutual Insurance Company (NMIC) and its related intercompany pool members (collectively, Nationwide Mutual), as well...
Mar 13 2008 // A.M. Best Co. has withdrawn the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” and assigned a category NR-5 (Not Formally Followed) to Motor Club Insurance...
Mar 12 2008 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Nationwide Group and its four P/C pooled members and 22 reinsured...
Mar 12 2008 // As indicated in the previous article (See above), A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa-” of the core...
Mar 11 2008 // Fitch Ratings has downgraded CIFG to ‘AA-‘ from ‘AAA’ and kept the ratings on Rating Watch Negative. The downgrade affects the Insurer Financial Strength (IFS) ratings for CIFG Guaranty and...
Jan 17 2008 // A Madison County, Miss., jury awarded $4.5 million to a woman who was shot in the arm after an accident at a fast food restaurant in Ridgeland, Miss.The jury on Tuesday found Vicksburg attorney Thomas Randy Clark liable...
Jan 4 2008 // Nationwide Mutual Insurance Co. is raising the deductible on its earthquake coverage because of the risk of major losses from an earthquake.Columbus-based Nationwide is raising the deductible from 2 percent to 5 percent of...