Discover Financial, Nationwide Offer Discover-Branded Insurance
Discover Financial Services, a business unit of Morgan Stanley Dean Witter & Co., and Nationwide Insurance Companies are forming an alliance to offer auto insurance products underwritten by Nationwide Insurance Companies to Discover cardmembers and other consumers.
Future plans include the development of Discover-branded auto insurance products. During the development of the products, Discover will market Nationwide products through Discover Insurance Agency and affiliated agencies.
Popular Today
- Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability
- Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies
- Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
- Chubb Q3 Net Income Down Slightly on More Catastrophe Losses