Demotech Inc. has confirmed that a Financial Stability Rating (FSR) of A, Exceptional, remains in place for Nationwide Insurance Company of Florida. The confirmation comes after NICOF received a capital infusion from Nationwide Mutual Insurance Company. NICOF is a wholly-owned subsidiary of Nationwide Mutual Insurance Company.
Nationwide, based in Columbus, Ohio, is a large diversified insurance and financial services organizations with more than $157 billion in assets. The company provides a full range of insurance and financial services. Nationwide companies include the country’s seventh-largest Property and Casualty, the fourth-largest homeowners and the sixth-largest auto insurance group.
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
Stellantis Tells Owners of 1.3 Million Jeeps to Park Outside Over Fire Concerns 
MMA Alleges Broker Patriot Poached 11 Surety Team Members 
Renewals for Most Commercial Lines Decrease in May, Says Ivans 
Acrisure Goes After Former Owners of Businesses it Acquired for Leaving to Compete 
