Latest Allied Insurance Headlines
All the headlines from our Allied Insurance Topic Page, ordered by recency.
Nationwide Insurance Dashcam Investment Pays Off for Nonprofit Agency
Oct 2 2018 // One of Nationwide’s commercial insurance policyholders is realizing the benefits of venture-capital investment that the insurer made in a telematics startup and a pilot program that is reducing risky driving...
Firms Using Connected Devices Not Worried About Increased Cyber Risk: Survey
Oct 1 2018 // Business that use artificial intelligence, drones, robotics, wearable sensors or other connective technologies can increase their chance of being a cyber attack victim because these technologies give cyber criminals new...
Nationwide Buys State Trust Land for $83M, Plans for Regional HQ
Sep 7 2018 // Arizona State Land Department officials say a national insurance company has successfully bid $83 million for about 134 acres of trust land in Scottsdale. Nationwide Mutual Insurance Co. has plans for a mixed-use...
South Carolina Insurer Data Security Law Should Be Nationwide Role Model
Sep 5 2018 // In October 2017, the National Association of Insurance Commissioners (NAIC) adopted the Insurance Data Security Model Bill, also known as the NAIC “Model Law.” NAIC’s Model Law seeks to establish a...
How Florida’s Flood Insurance Model Could Work Nationwide
Aug 20 2018 // While Congress works on various reforms to the National Flood Insurance Program (NFIP), the time is ripe for the private insurance market to step up and play a greater role in providing Americans needed flood...
Nationwide Insurance to Provide Aid to Employees Losing Jobs in Nebraska
Aug 8 2018 // A Nationwide Insurance spokesman says the company intends to provide career management resources and other aid to employees who will be losing their jobs in Lincoln, Nebraska. Nationwide spokesman Eric Hardgrove said that...
Commentary: How Florida’s Flood Insurance Model Could Work Nationwide
Aug 1 2018 // While Congress works on various reforms to the National Flood Insurance Program (NFIP), the time is ripe for the private insurance market to step up and play a greater role in providing Americans needed flood...
Nationwide Invests in Online Business Financing Startup BlueVine
Jul 31 2018 // Nationwide said it is making a new venture-capital investment in BlueVine, a provider of online working capital financing for small- and medium-sized businesses. The BlueVine announcement is part of Nationwide’s...
Insurtech Next Insurance Raises $83 Million to Expand; Nationwide, Munich Re Among Investors
Jul 11 2018 // Next Insurance has raised $83 million in new financing, money it said will fuel its continued U.S. expansion as a full-service digital insurance carrier focused on the small business market. Nationwide Insurance and Munich...
Nearly One-Third of Workers’ Comp Claim Payments Due to Construction Falls
Jun 18 2018 // Over the past five years, Nationwide processed more than 10,000 workers’ compensation claims due to a multitude of accidents from construction-related businesses. One of the most common — and costly —...
Policymakers Take On Distracted Driving Nationwide
Jun 4 2018 // Over the course of several decades, auto crash rates and fatalities had been on the decline. This reduction offset slightly increased crash severity and helped to moderate the cost of auto insurance. However, starting in...
3 Things Insurance Professionals Should Know in Honor of Wine Day
May 25 2018 // National Wine Day is a thing. And it’s today. Oenophiles probably know that May 25 is Wine Day, but the annual celebration of fermented grapes might be news to those who only like, but don’t necessarily love,...
Top 10 Agribusiness Insurance Claims
May 16 2018 // Motor vehicle accidents are the most common agribusiness insurance claim, according to insurer Nationwide. The Ohio-based insurer, the nation’s largest insurer of farms, said that over the last three years, the top...
Nationwide Ventures Backs Drone Data Startup Betterview
May 9 2018 // Nationwide has made an investment in Betterview, a machine learning insurtech startup that focuses on analyzing data from drones, satellite and other aerial imagery. Betterview said it will use the undisclosed amount of...
Travelers Boosts Q1 Profit; Talks Central Underwriting, Potential with Nationwide Agents
Apr 24 2018 // The Travelers Companies boosted its net income for the quarter ended March 31, 2018, by 10 percent to $669 million compared to $617 million in the prior year quarter despite unusually high catastrophe losses in...
Nationwide Switching to Independent Agency Distribution Model by 2020
Apr 16 2018 // Independent agents take note – Nationwide may be on your side. Nationwide on Monday announced its intention to shift to an independent agency distribution model over the next two years. The Columbus, Ohio-based carrier,...
Cal Inspection Bureau, Legacy P&C Form Nationwide Premium Audit Firm
Apr 12 2018 // Cal Inspection Bureau of Tarzana, California, and Legacy P&C of Camden, South Carolina, have formed a new firm offering premium audit services to insurers for commercial accounts nationwide. The joint firm has been...
Former Scottsdale Insurance Chief Miller to Start New E&S Carrier, Ategrity
Apr 6 2018 // Mike Miller, the long-time president and chief operating officer of excess and surplus lines giant Scottsdale Insurance Co., is launching a new specialty property/casualty insurance company named Ategrity Specialty...
Overall Rate of Uninsured Motorists Rising Nationwide: Insurance Research Council
Apr 2 2018 // Nearly one in eight U.S. motorists is driving around uninsured and putting insured drivers at greater risk in the event of an auto accident, according to a study. The study, directed by the Insurance Research Council (IRC)...
Former Nationwide Agent in Mississippi to Serve 10 Years for Embezzling $117K
Mar 5 2018 // A former Mississippi insurance agent will serve 10 years in prison for embezzling $117,863.74 from a customer and converting the money for his own use, Mississippi Attorney General Jim Hood announced in January. Charles...
