A former partner at a Philadelphia law firm has been charged with insider trading linked to a client’s merger with another insurance firm. Federal prosecutors have charged Herbert Sudfeld with making $75,000 by purchasing stock in Harleysville Insurance the day …
Maria Makara didn’t hesitate to insure her two new dogs. That’s because they’re family. Her previous pet, a Yorkshire terrier, died in 2013 after contracting pancreatitis and Cushing’s disease. Makara ended up paying $4,000 for treatments and tests in the …
Nationwide Mutual Insurance Co. has realigned its internal structure and named new division leaders, one week after announcing it is bringing all of its product lines under the single brand, Nationwide. Last week Nationwide Mutual Insurance Co. said it will …
Nationwide Mutual Insurance Co.’s use of the slogan “On Your Side” constitutes false and deceptive advertising because the insurer does not represent insureds as the slogan implies, according to the Tennessee adjuster who is in a trademark battle with the …
Well-to-do Illinois residents and their insurance agents can soon look forward to another option when it comes to protecting their assets. Crestbrook Insurance has selected Illinois for the launch of what is essentially a start-up insurance company focusing on the …
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 …
Nationwide has agreed to settle litigation related to the merger with Harleysville Insurance. The $26 million settlement relates to In re Harleysville Mutual, a consolidated class action and derivative suit related to the merger of Nationwide Mutual and Harleysville Mutual …
An insurance company claims it should be reimbursed after a fire linked to drugs badly damaged a house in Bay City, Mich. Nationwide Mutual Fire Insurance of Columbus, Ohio, has filed a federal lawsuit seeking to recover $160,200 for a …
Nationwide Mutual Insurance Co. welcomed Pennsylvania regulators’ approval this week of the insurer’s proposed merger with Harleysville Mutual Insurance Co. Regulatory approval from Pennsylvania, where Harleysville is headquartered, was one of the requirements for completing the merger. “Nationwide is pleased …
Northeastern independent agents with Harleysville appointments said they are leery about the reported Nationwide/Harleysville deal and have lots of questions. According to a report by Bloomberg last Friday, giant Nationwide Mutual Insurance is in talks to purchase Pennsylvania-based regional property/casualty …
