Latest Allied Insurance Headlines
All the headlines from our Allied Insurance Topic Page, ordered by recency.
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...
Surplus Line Premium Increased by 6.4% Nationwide in 2017
Mar 5 2018 // All 15 surplus lines service offices across the United States experienced increases in excess and surplus (E&S) lines insurance premium in 2017, the Surplus Lines Stamping Office of Texas (SLTX) reports. U.S. surplus...
Former Nationwide Agent in Mississippi Gets 10 Years for Embezzling $117K
Feb 26 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 last month. Charles...
Study Finds Teen Drivers Ignore Texting Bans; Urges Bans on Hand-held Calls
Feb 21 2018 // State laws banning hand-held cellphone calls while driving can be effective in reducing teens’ hand-held conversations while driving, but texting bans are not effective in reducing texting while driving, according to...
Surplus Line Premium Increased by 6.4% Nationwide in 2017
Feb 19 2018 // All 15 surplus lines service offices across the United States experienced increases in excess and surplus lines insurance premium in 2017, the Surplus Lines Stamping Office of Texas reported. U.S. surplus line premium...
Surplus Line Premium Increased by 6.4% Nationwide in 2017
Feb 19 2018 // All 15 surplus lines service offices across the United States experienced increases in excess and surplus (E&S) lines insurance premium in 2017, the Surplus Lines Stamping Office of Texas (SLTX) reports. U.S. surplus...
Nationwide-Backed Fund to Acquire Solar Projects
Feb 8 2018 // Nationwide Mutual Insurance Co. and clean energy developer Sol Systems are investing $100 million into a fund they are forming to acquire U.S. solar projects. The Helios Infrastructure Fund plans to buy more than 330...
