Latest Allied Insurance Headlines
All the headlines from our Allied Insurance Topic Page, ordered by recency.
Nationwide to Lower Homeowner Rates in Texas
Oct 19 2005 // Nationwide Insurance is reducing homeowner rates for Nationwide Lloyds customers in Texas effective Jan. 7, 2006. The average decrease will be 10.75 percent for renewing customers in Texas. “This rate decrease...
California Workers’ Comp Overhaul Sets Stage for Nationwide Reforms
Oct 17 2005 // The broad reforms in California’s workers’ compensation system serve as an example for the nation, as employers and insurers in the state are getting sizeable financial relief from runaway workers’...
Agreement Reached: Nationwide to Audit Last Year’s Florida Hurricane Claims, Correct Underpayments
Oct 12 2005 // Nationwide Insurance has reached an agreement with the Florida Office of Insurance Regulation to audit its claims from the 2004 hurricane season and correct any underpayments. OIR announced that under the agreement...
Mutual of Omaha Names Diamond CFO
Oct 10 2005 // Mutual of Omaha Chairman and CEO Dan Neary today announced the appointment of David A. Diamond as executive vice president and chief financial officer. Diamond comes to Mutual of Omaha from Nationwide, an insurance and...
Miss. Attorney General Hood Accuses Carriers of Cheating
Oct 3 2005 // Five major insurance companies were recently sued by Mississippi Attorney General Jim Hood, who charged that insurance adjusters attempted to cheat Hurricane Katrina survivors out of millions of dollars in...
Miss. AG Accuses Carriers of Cheating
Oct 3 2005 // Five major insurance companies were recently sued by Mississippi Attorney General Jim Hood, who charged that insurance adjusters attempted to cheat Hurricane Katrina survivors out of millions of dollars in...
Miss. Attorney General Hood
Oct 3 2005 // Five major insurance companies were recently sued by Mississippi Attorney General Jim Hood, who charged that insurance adjusters attempted to cheat Hurricane Katrina survivors out of millions of dollars in...
Miss. AG Accuses Carriers of Cheating
Oct 3 2005 // Five major insurance companies were recently sued by Mississippi Attorney General Jim Hood, who charged that insurance adjusters attempted to cheat Hurricane Katrina survivors out of millions of dollars in...
Nationwide Financial Prices $200 Million Debt Offering
Sep 22 2005 // Nationwide Financial Services, Inc. today announced that it has priced and will issue in a public offering $200 million of senior notes at an interest rate of 5.10 percent per year, due Oct. 1, 2015. Nationwide Financial...
Nationwide Gears Up for Rita’s Landfall
Sep 22 2005 // Nationwide Mutual Insurance Co., the country’s seventh-largest property and casualty insurance company, has claims representatives and agents prepared to assist customers as Rita makes landfall this week. The insurer...
Allstate Challenges Mississippi Attorney General Hood’s Lawsuit
Sep 21 2005 // Allstate Corp. has issued a direct challenge to the lawsuit filed last week by Mississippi Attorney General Jim Hood in which it refutes the charges made by the attorney general. On Sept. 16, Hood sued Allstate Property...
Nationwide Concerns Fla. CFO
Sep 19 2005 // Concerns have been voiced by Florida’s CFO Tom Galla-gher over Nationwide of Florida’s decision not to renew policyholders in Florida. “I’m deeply concerned that Nation-wide Insurance is...
Nationwide Concerns Fla. CFO
Sep 19 2005 // Concerns have been voiced by Florida’s CFO Tom Galla-gher over Nationwide of Florida’s decision not to renew policyholders in Florida. “I’m deeply concerned that Nation-wide Insurance is...
NATIONWIDE CUTS BACK
Sep 19 2005 // The Nationwide Mutual Insurance Company has announced it is taking steps to reduce its property exposure in Florida. After these reductions, Nationwide said it will continue to serve more than 570,000 policies in Florida,...
Nationwide Mutual Refutes Miss. AG Hood’s Allegations As ‘Unfounded’
Sep 16 2005 // Nationwide Mutual Insurance Company has issued a statement it hopes will set the record straight regarding Mississippi Attorney General Jim Hood’s acusations that insurance adjusters attempted to cheat Hurricane...
State Farm of Florida’s Rate Request Questioned
Sep 5 2005 // Citing concern that insurance companies are using the 2004 hurricanes to unfairly raise rates, Florida’s Chief Financial Officer Tom Gallagher has called for an independent review of a rate increase on homeowners...
Business Moves
Sep 5 2005 // Allmerica Exits Life Sales Allmerica Financial Corp. is getting out of the variable annuity and variable life insurance business, selling those operations to The Goldman Sachs Group Inc. as part of a $385 million deal....
Gallagher Voices Concern About Nationwide’s Decision
Sep 1 2005 // Concerns have been voiced by Florida’s CFO Tom Gallagher about Nationwide Insurance of Florida’s decision not to renew policyholders in Florida. “I’m deeply concerned that Nationwide Insurance is...
Nationwide Mutual Insurance Company Will Limit Fla. Property Exposure
Aug 31 2005 // The Nationwide Mutual Insurance Company announced today that it will reduce its property exposure in Florida. “As we continue to analyze our business strategy, it has become increasingly apparent that we are not...
Nationwide Financial to Retire Securities
Aug 29 2005 // Nationwide Financial Services Inc. plans to redeem a series of preferred securities that were scheduled to come due in 2028. Nationwide Financial will pay $200 million to retire the securities. It will take a one-time...
