Nationwide Mutual Insurance Company News

Nationwide Eyes Growth in New Jersey Auto Insurance Market

Nationwide Mutual Insurance Company has begun selling its Nationwide-branded auto insurance in New Jersey this month for the first time since 1981. “So we’ve been writing business now for about two weeks and so far, so good. It’s obviously very …

Nationwide to Re-Enter New Jersey’s Auto Insurance Market

New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said today Nationwide Mutual Insurance Company has been approved to write auto insurance in New Jersey, and the company will begin offering auto policies in August. Nationwide left the New …

Harleysville Insurance President/COO Michael Browne to Retire in May

Nationwide Mutual Insurance Co. announced that Michael Browne, president and chief operating officer of the Harleysville Insurance, a member of the Nationwide family of companies, will retire effective May 1, 2014. Following Browne’s retirement, Kevin Toth, who has been serving …

Attorney Behind $43M Award for Ohio Agent Against Nationwide Insurance to File Class Action

An Ohio law firm that represented a former Nationwide Insurance agent for a $42.8 million jury verdict is getting ready to file a class action against the insurer “in the near future.” Attorney Caryn Groedel and her law firm Caryn …

8K New Mexico Customers Affected by Nationwide Security Breach

State officials in New Mexico are warning customers of Nationwide Insurance that their personal information may have been compromised by a computer hacking incident. Insurance officials say the accounts of more than 8,000 New Mexico customers were compromised in the …

Sandy Claims Figure Update From State Farm, Nationwide

Sandy-related claims are coming in at a fast pace, major insurers say. State Farm Insurance said it received approximately 90,000 Sandy-related claims (76,100 property claims and 13,900 auto claims) as of end of day Nov. 5. Looking at individual states …

Sandy Claims Continue to Pour In at Quick Pace

Insurers said Sandy-related claims have been pouring in at a rapid pace in the immediate days after the storm — and that as some sense of normalcy returns, many more claims are expected. The Progressive Corp. CEO Glenn Renwick said …

Nationwide Mutual Completes Harleysville Merger

Nationwide Mutual Insurance Co. said that the company completed its previously announced $834 million merger deal with Harleysville Mutual Insurance Co. The deal was first announced in September 2011. Nationwide Mutual policyholders voted to approve the merger on April 9, …

Harleysville Policyholders Approve Merger With Nationwide

Harleysville Mutual Insurance Company said Wednesday that its policyholders as well as shareholders at its publicly traded subsidiary Harleysville Group Inc. voted to approve the proposed merger with Nationwide Mutual Insurance Company. The proposed merger, first announced in September 2011, …

Nationwide and Harleysville Insurance Agree to Merger; Analysts Respond

Nationwide Mutual Insurance Co. and  Harleysville Insurance announced on Thursday, Sept. 29, that they have agreed to a merger. Nationwide Mutual will acquire Harleysville Group for $760 million. Nationwide Mutual will pay $60 a share in cash for Harleysville, nearly …