Demotech Inc. has confirmed that a Financial Stability Rating (FSR) of A, Exceptional, remains in place for Nationwide Insurance Company of Florida. The confirmation comes after NICOF received a capital infusion from Nationwide Mutual Insurance Company. NICOF is a wholly-owned subsidiary of Nationwide Mutual Insurance Company.
Nationwide, based in Columbus, Ohio, is a large diversified insurance and financial services organizations with more than $157 billion in assets. The company provides a full range of insurance and financial services. Nationwide companies include the country’s seventh-largest Property and Casualty, the fourth-largest homeowners and the sixth-largest auto insurance group.
Topics Florida
Was this article valuable?
Here are more articles you may enjoy.
Property, Auto Insurance Shopping Up as Consumers Feel Economic Pressures 
What Berkshire’s CEO Abel Said About Insurance 
Westchester Close to Settling on Hurricane Sally Condo Claim That Topped $230M 
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates 
