All the headlines from our Allied Insurance Topic Page, ordered by recency.
Dec 21 2007 // One of the women set on fire during the robbery of an insurance office in Lake Wales, Fla., last week has died, authorities said.The death of 26-year-old Yvonne Bustamante at an Orlando hospital Tuesday night brings to...
Nov 1 2007 // A company’s national realignment will cost Lincoln about 90 jobs over the next 12 to 18 months.Nationwide Insurance spokesman Eric Hardgrove says the company and its affiliate Allied Insurance have 727 employees in...
Oct 5 2007 // Nationwide Insurance Co. has signed a seven-year deal in Charlotte, N.C., to become the title sponsor of American stock-car racing’s No. 2 series beginning in 2008.Nationwide replaces Anheuser-Busch, the maker of...
Oct 2 2007 // Columbus, Ohio-based Nationwide Insurance Company of America announced it is cutting homeowners insurance rates in California an average of 9.4 percent. The decrease takes effect today, Oct. 2, 2007. Nationwide is also...
Sep 24 2007 // The Progressive Corp. in Mayfield, Ohio, is consolidating management of its two distribution channels for personal lines.Since 2000, Progressive’s personal lines segment has been organized into two businesses —...
Sep 24 2007 // A federal appeals court sided with Nationwide Mutual Insurance Co. on Aug. 30 in a key case related to hundreds of lawsuits over damage caused by Hurricane Katrina.The 5th U.S. Circuit Court of Appeals in New Orleans ruled...
Sep 24 2007 // The company said the policy’s anti-concurrent causation provision means that if a policyholder has wind coverage but not flood insurance, then the company is not responsible for damage from a combination of wind and...
Sep 24 2007 // Endurance Specialty, ARMTechEndurance Specialty Holdings Ltd., a Bermuda-based provider of property and casualty insurance and reinsurance, reported that one of its U.S. based holding companies is buying out ARMtech...
Sep 5 2007 // Columbus, Ohio-based State Automobile Mutual Insurance Co. recently announced that Lewis Center resident Rubesh Jacobs has been been elected assistant vice president by the board of directors.Jacobs recently joined State...
Sep 4 2007 // A federal appeals court sided with Nationwide Mutual Insurance Co. last Thursday in a key Mississippi case related to hundreds of lawsuits over damage caused by Hurricane Katrina.The 5th U.S. Circuit Court of Appeals in...
Aug 30 2007 // Nationwide Insurance said this week it will reduce its catastrophe exposure in Florida by dropping more than 40,000 homeowner and commercial property policies.Nationwide will not renew about 39,000 homeowner policies and...
Aug 27 2007 // An Ohio couple whose vehicle was wrecked are entitled to more than just the money it will cost to repair it, according to a state appeals court ruling that found the couple also should be compensated because the accident...
Aug 22 2007 // A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) and assigned an issuer credit rating of “a-” to Park Assurance Company of Burlington, VT with a stable outlook....
Aug 15 2007 // A.M. Best Co. has downgraded the financial strength rating (FSR) to “B-” (Fair) from “B” (Fair) and the issuer credit rating (ICR) to “bb-” from “bb” of Nationwide Insurance...
Aug 7 2007 // A federal appeals court is poised to review a judge’s verdict last year in the first trial among hundreds of lawsuits that Mississippi homeowners filed against insurance companies in Hurricane Katrina’s...
Jul 31 2007 // Deaths from traffic crashes in Arkansas slightly increased last year, as the nationwide average dropped, new federal statistics show.The National Highway and Traffic Safety Administration recorded 665 fatal crashes in 2006...
Jul 23 2007 // Federal court to hear Nationwide’s Miss. storm surge appealA federal appeals court has set Aug. 6 as the date to hear arguments on whether Nationwide Mutual Insurance Co. should be forced to cover storm surge damage...
Jul 19 2007 // Nationwide Mutual Insurance Co. has settled 10 lawsuits filed by Mississippi homeowners in a dispute over damage from Hurricane Katrina.The settlement was announced Monday by Biloxi attorney Jack Denton. Two weeks ago,...
Jul 6 2007 // A federal appeals court has set Aug. 6 as the date to hear arguments on whether Nationwide Mutual Insurance Co. should be forced to cover storm surge damage to a Mississippi’s couple’s home from Hurricane...
Jul 2 2007 // Specialty insurance broker Burns & Wilcox announced it has access to specified medical professions products offered by Shand Morahan & Co. Inc. and Colony Insurance Co.The markets can be written with combined...