Latest Allied Insurance Headlines
All the headlines from our Allied Insurance Topic Page, ordered by recency.
S&P Puts Nationwide Financial on CreditWatch Negative
Aug 9 2001 // Standard & Poor’s placed its ratings on Nationwide Financial Services Inc. (NFS) and related entities on CreditWatch with negative implications. At the same time, S&P placed its ratings on Provident Mutual...
Nationwide Placed on CreditWatch Negative
Jul 23 2001 // Nationwide Mutual Insurance and its related entities were placed on CreditWatch with negative implications by Standard & Poor’s. The rating actions point out S&P’s concerns that Nationwide’s...
Nationwide Agrees to Sell Neckura Holding AG
Jul 17 2001 // According to an A.M. Best report, Nationwide Mutual Insurance Co. said it agreed to sell Neckura Holding AG, the parent of its German automobile insurance operations, to Zurich Group Germany, a unit of Switzerland’s...
A.M. Best Affirms Nationwide’s FSRs, Assigns Initial Debt Ratings
Jun 26 2001 // A.M. Best Co. affirmed the A+ (Superior) financial strength ratings (FSR) of the primary property/casualty operations of the Nationwide Group, Columbus, Ohio, as well as its affiliated life insurance companies. In...
Mitchell Intnl. Announces Nationwide Availability of Total Loss Settlement Solution
Jun 26 2001 // San Diego, Calif.-based Mitchell International, a source for information software and e-business solutions for the insurance and automotive repair industries, announced nationwide availability of iNTOTAL.COM, an...
Nationwide Mutual Gets ‘AA’
Jun 25 2001 // Nationwide Mutual received an “AA” insurer financial strength rating (FSR) from Fitch, as did its related pool members, Nationwide Mutual Fire Insurance Co., Scottsdale Insurance Co., and Farmland Mutual...
Nationwide Insurance Joins California Community Investment Consortium
Jun 7 2001 // Impact Community Capital announced that Nationwide Mutual Insurance of Columbus, Ohio, has joined its growing membership of California insurers committed to voluntary community investments. Nationwide officials said the...
ePolicy, Zurich North America Align to Offer Small Business Insurance Nationwide
May 10 2001 // Torrance, Calif.-based ePolicy.com Insurance Services, Inc., which offers insurance products for small businesses and professionals over the Internet, signed an agreement with Zurich North America Small Business, a unit of...
Fiserv Acquires FSC, Hopes to Extend Comparative Rating System Nationwide
Mar 19 2001 // In keeping with its aggressive and acquisitive nature, Fiserv Inc. announced March 6 that it had purchased Agoura Hills, Calif.-based Facilities and Services Corporation (FSC). The arrangement will allow FSC, which has...
Carriers Battle Alleged Taxicab Market Fraud
Feb 19 2001 // In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The...
Carriers Battle Alleged Taxicab Market Fraud
Feb 12 2001 // In what looks uncomfortably like a return to the offshore scams of the late ’80s, several reports of questionable taxicab policies using the names of two well-known carriers have recently surfaced in California. The...
David vs. Nationwide
Oct 23 2000 // After seven years as a Nationwide independent contractor, David Howell of New Braunfels decided it was time to move on. Like any divorce, the decision to part ways was neither easy nor swift. The seeds of thought were...
State Farm Gets Nod to Offer Nationwide Banking
Oct 11 2000 // Services State Farm Insurance Cos. has received federal approval to offer banking services nationwide by late 2001. The company opened State Farm Bank in 1999, and began training Chicago-area agents to sell its bank...
Nationwide Insurance Introduces New Initiative to Offer Auto Insurance
Sep 6 2000 // Nationwide Insurance introduced its Customer Choice plan Tuesday in Indiana, Illinois and Texas, giving customers three ways to purchase auto insurance. Nationwide will give customers the option of buying auto policies...
Nationwide Selects Vicinity Corp. to Build Customized
Sep 6 2000 // Service Vicinity Corp., a provider of clicks-and-mortar marketing services to the insurance industry, has signed an agreement with Nationwide Financial Services Inc., to offer Nationwide’s customers access to...
Nationwide and BankZIP.com Announce Strategic
Jul 27 2000 // BankZIP.com, an Internet banking alliance, today announced a strategic relationship with Nationwide Insurance, the country’s fourth largest auto and homeowners insurer, to provide insurance services to the customers...
NAIC Picks Comm. Nelson To Lead Negotiations For Nationwide Settlement On Burial Insurance
Jun 14 2000 // The National Association of Insurance Commissioners, assembled near Orlando for its summer conference, has named Florida Insurance Commissioner Bill Nelson to lead nationwide settlement negotiations as the primary...
S&P Lowers Nationwide Ratings, Removes From Watch
Jun 1 2000 // Standard & Poor’s has lowered its ratings on Nationwide Mutual Insurance Co. and related entities. At the same time, S&P removed these ratings from CreditWatch, where they had been placed on March 30 with...
Nationwide CEO McFerson to Retire
May 17 2000 // After 41 solid years of work, Nationwide Chairman and CEO Dimon McFerson has announced he’ll retire at the end of the year. His retirement comes as no surprise. He informed Nationwide’s board of directors of...
W/C Payouts Increase in California, Decrease Nationwide
May 5 2000 // Workers’ comp payments increased 8 percent in California from 1996 to 1998, while payments decreased nearly 1 percent nationwide, according to a report released by the National Academy of Social Insurance...
