Latest Allied Insurance Headlines
All the headlines from our Allied Insurance Topic Page, ordered by recency.
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...
Nationwide of Florida to Drop 25,000 to 30,000 Homeowners Policies
Aug 16 2005 // Florida’s fourth-largest homeowners insurer, Nationwide Insurance of Florida, has announced that it will drop from 25,000 to 30,000 homeowners policies as part of a strategy to “reduce its overall...
Nationwide Mutual Targets Ohio, National Minorities for P&C Sales
Aug 11 2005 // Nationwide Mutual Insurance Co. is targeting minorities to grow its property and casualty insurance business. Beginning this month, the Columbus, Ohio-based insurer has tailored its “Life comes at you fast” ad...
Nationwide Insurance Co. of Fla. Earns FSR A-Rating
Aug 10 2005 // Nationwide Insurance Company of Florida has earned a Financial Stability Rating of A, Exceptional from Demotech, Inc. This level of Financial Stability Rating is applicable to insurers possessing exceptional ability to...
Charity Outings Tee-Off Nationwide
Aug 8 2005 // If you believe the stereotype, insurance adjusters love golf. When I first began working in the insurance claims industry 15 years ago, I was told a joke about the industry: Three 10-year old boys are bragging about their...
Recovering from ID Theft Can Be Difficult, Costly, Victims Report
Jul 26 2005 // Twenty-eight percent of identity theft victims indicate they have not been able to restore their identities, despite averaging more than a year trying. Results of a survey of 1,097 identify theft victims by Nationwide...
Nationwide’s Allied Insurance Looking for Agents in South and East
Jul 4 2005 // The independent agency arm of giant Nationwide Insurance is expanding and looking for agents in the East and South. Allied Insurance now has more than 4,500 independent agency locations in the West and Midwest. It began...
