Latest Allied Insurance Headlines
All the headlines from our Allied Insurance Topic Page, ordered by recency.
Agents, Insureds Said Surprised by Nationwide’s 10,000 Nonrenewals in NC
Sep 29 2023 // In February, Nationwide Mutual Insurance filed notice with the North Carolina Department of Insurance that it would non-renew some 10,525 homeowner policies in the state due in large part to the growing risk from climate...
NIP Group Addresses Utility Contractors’ Insurance and Safety Concerns with UtilityPro’s Nationwide Workers Compensation Expansion
Aug 22 2023 // WOODBRIDGE, N.J., August 22, 2023 – Recognizing the critical role of Workers Compensation in the cost structure and strategy of Utility Contractors, NIP Group is excited to announce the nationwide expansion of its...
Nationwide E&S Exits Commercial Auto Effective July 15
Jun 29 2023 // Nationwide E&S will stop writing wholesale-driven contract binding commercial auto new business, including primary brokerage auto effective July 15, according to an announcement released to Nationwide brokers this week...
Nationwide to Take Actions to Limit Risk in Personal, Commercial Portfolios
Jun 13 2023 // Add Nationwide to a growing list of insurers making changes to deal with losses in some areas of the country. In a June 12 “business actions update” Nationwide announced moves “to mitigate risk and manage...
Livestock Operations Grow as Demand Rises; Nationwide’s Cumings Sees Direct-to-Consumer Models Adding Additional Liability Risk
Feb 20 2023 // Specialization is critical in the cattle business and increased consumer demand for protein is driving new trends, including niche farms that offer direct-to-consumer strategies. In today’s evolving and growing...
Nationwide E&S Strikes Out in Move for $1.4M Contribution to Injury Settlement
Feb 13 2023 // Nationwide E&S/Specialty is not entitled to be reimbursed by Mt. Hawley Insurance and Lloyd’s for part of a $2.725 million payment it contributed as the excess/surplus insurer to settle a personal injury suit. A...
Ruff Ruling for Nationwide: Ohio Court Says Insurer Must Cover Canine Bite
Feb 8 2023 // An Ohio Court of Appeals panel said that Nationwide must indemnify a canine owner whose bulldog bit a passer-by, ruling that a policy exclusion barring coverage for bodily injury for a dog with a prior history of attacking...
Florida Citizens Shucks Nationwide Search, Names Cerio New CEO
Feb 1 2023 // The Citizens Property Insurance Corp. Board of Governors, in a special meeting Tuesday, surprised some in the Florida insurance industry by naming its general counsel as CEO – without a nationwide search. The board voted...
People Moves: Beal Leads Nationwide National Partners; Acrisure New Leadership Team; WSIA New Diversity Board Members
Dec 14 2022 // Beal Named Leader of Nationwide National Partners team Nationwide has named Tony Beal as the new leader of the Nationwide National Partners team, responsible for managing key P&C distribution partner...
Nationwide Catalytic Converter Theft Ring Taken Down in Raid
Nov 21 2022 // Twenty-one people in nine states were arrested and charged Nov. 2 with their roles in conspiracies to steal catalytic converters from vehicles across the country and sell them for profit. According to the U.S. Department...
Nationwide Catalytic Converter Theft Ring Taken Down in Raid
Nov 3 2022 // Twenty-one people in nine states were arrested and charged Nov. 2 with their roles in conspiracies to steal catalytic converters from vehicles across the country and sell them for profit. According to the U.S. Department...
People Moves: Everest Re Taps Nationwide’s Rudow as Head of Cyber Reinsurance; BMS Re Names McDowell as Bermuda CEO, Binetti as Head of Casualty Treaty
Sep 12 2022 // This edition of International People Moves details appointments at Everest Reinsurance and BMS Re. A summary of these new hires follows here. Everest Re Taps Nationwide’s Rudow as Global Head of Cyber...
People Moves: Former Lexington Exec Heads to FutureProof; Hourly.io Hires From Markel; Leisz Joins Nationwide E&S; New CIO at Ryan Specialty
Jul 19 2022 // San Diego-based FutureProof Technologies has hired Joseph Strickland as head of underwriting. He was previously senior vice president at AIG’s Lexington Specialty Isurance Agency. FutureProof calls itself a...
FEMA Pushing for Stronger Building Codes Nationwide
Jun 20 2022 // Federal officials have announced a new initiative to modernize building codes across the country so that communities can be more resilient to hurricanes, flooding, wildfires and other extreme weather events that are...
Q&A With Nationwide’s P/C President and COO Mark Berven
Jun 20 2022 // In 2021, insurer and financial services company Nationwide reported the strongest earnings in the Fortune 100 company’s history — $2.8 billion in operating income with sales of over $50 billion, another record...
FEMA Pushing for Stronger Building Codes Nationwide
Jun 2 2022 // On the first day of the Atlantic hurricane season, federal officials announced a new initiative to modernize building codes across the country so that communities can be more resilient to hurricanes, flooding, wildfires,...
Teva Pharma Sees Nationwide U.S. Opioid Settlement in 2022
May 3 2022 // Teva Pharmaceutical Industries believes it would have to pay around $2.6 billion in cash and medicine to settle thousands of lawsuits alleging it and other drug companies fueled the U.S. opioid epidemic. On the heels of...
Relation Insurance Grows in East, Acquiring Ex-Nationwide Agency in Connecticut
Apr 14 2022 // California-based national agency Relation Insurance Services reports it has acquired the assets of Guilford, Connecticut-based Yerkes-Stephens Insurance. Yerkes-Stephens was previously part of Nationwide Mutual Insurance...
Nationwide Doesn’t Have to Defend in Suit Against Alabama Child Molester
Apr 4 2022 // David Barrow consoles a soccer player after a loss at the state championship in 2011.(AP Photo/The Huntsville Times, Eric Schultz) Nationwide Mutual Insurance Co. does not have to defend its insured, an Alabama man who...
Nationwide Expands Use of Leak Sensors for Homeowners
Mar 16 2022 // Nationwide Insurance has become the latest large insurer to expand its use of leak-detection and other sensors for homeowners, offering a small discount on premiums. The company announced this week that it has teamed up...
