Latest Allied Insurance Headlines
All the headlines from our Allied Insurance Topic Page, ordered by recency.
State National’s SNIC Authorized Nationwide
May 8 2003 // Effective April 18, New Hampshire became the 50th state to grant State National Insurance Company approval to write insurance. State National Insurance Company (SNIC) is an A. M. Best “A” rated affiliate of...
Nationwide Expands in Conn. With Rocky Hill Lease
May 7 2003 // Ohio’-based Nationwide Insurance is anticipating growth in Connecticut, and has taken steps to plan ahead. The national company has just signed a five-year lease with New Boston Fund for 46,000 square feet at 500...
Nationwide Mutual Outlook Neg
Apr 21 2003 // S&P’s affirmed its “A+” counterparty credit and financial strength ratings on Nationwide Mutual Insurance Co. and related entities. The outlook has been revised to “negative” from...
Ohio Casualty Elects New Directors to Board
Apr 17 2003 // Fairfield-based Ohio Casualty Corp. has added two members to its board of directors: William P. Boardman and Robert A. Oakley. Boardman, 61, a native of Columbus, Ohio, is a retired executive of Bank One Corporation. At...
Nationwide Reports Weekend Storm Claims May Top $62 Million
Apr 14 2003 // Nationwide Insurance reported today that it has received more than 14,500 claims from weekend hail and wind storms that swept through nine states, including Alabama, Illinois, Indiana, Michigan, Mississippi, New York,...
A.M. Best Revises Under-Review Status of THI Holdings Group
Apr 2 2003 // A.M. Best Co. has affirmed the under-review status of Cleveland-based THI Holdings Group and revised the implications from negative to positive. The positive implications reflect the financial commitment of Nationwide...
Nationwide Mutual Purchases Non-Standard Auto Business From Prudential
Mar 31 2003 // Nationwide Mutual Insurance Co. has agreed to purchase THI Holdings Inc. — the domestic, non-standard auto business of Prudential Financial Inc. that is marketed under the Titan Insurance Co. and Victoria Insurance Group...
Nationwide Boatowners Program Topic of April 3 AAIS Web Seminar
Mar 18 2003 // Property/casualty insurers interested in insuring privately owned watercraft can sign up for a Web-based seminar Thursday, April 3, on the Boatowners Program offered by the American Association of Insurance Services...
Best Assigns Ratings to Nationwide’s Shelf Registration
Jan 9 2003 // A.M. Best Co. announced that it has assigned indicative ratings of “a” senior debt, “a-” subordinated debt, “a-” preferred securities and “bbb+” preferred stock, to...
Fireman’s Fund McGee Unveiled Nationwide with New E-solution for Managing Ocean Cargo Insurance
Jan 8 2003 // Fireman’s Fund McGee Marine Underwriters is making FOCUS(SM), its new e-solution for managing ocean cargo insurance, available to agents/brokers and their clients on a nationwide basis. The FOCUS Solution, which...
Nationwide’s Linda Roubinek Honored as 2003 Premier 100 IT Leader by IDG’s Computerworld
Jan 6 2003 // Ohio-based Nationwide Insurance announced that Linda Roubinek, the company’s Insurance Systems Officer, has been recognized by IDG’s Computerworld, the weekly newspaper for IT leaders, as “one of the...
Nationwide Says Winter Storm Claims Expected To Top $27 Million
Dec 10 2002 // Ohio-based Nationwide Insurance reported that it expects to receive more than 11,000 claims from the recent winter storms in North Carolina and South Carolina, and estimates insured policyholder losses eventually could be...
NAII Seeks to Reverse Nationwide Class Action Suit Filed in Texas
Nov 18 2002 // The Beaumont Court of Appeals in Texas has departed from state law in its improper certification of a nationwide class action suit that would ultimately make law for the entire country, according to the National...
Nationwide Estimates Storm Claims May Top $17.5 Million
Nov 14 2002 // Ohio-based Nationwide Insurance, the country’s fourth largest homeowners’ insurer, announced that it estimates that insured policyholder losses from last weekend’s tornadoes and hail storms could be more...
Earthquakes in Ohio’ Nationwide Says It’s Possible
Nov 5 2002 // Ohio’s Nationwide Insurance has issued a bulletin with the headline “Quake Rumblings Could Surprise Midwesterners,” which, as the company points out, is indeed surprising. Midwesterners may fear...
2001 Market Share For Insurers in Texas
Oct 14 2002 // The 2001 premium and loss data for Texas verifies everything you heard from the insurance companies — it was a really bad year. Here are the highlights in review: • Texas accounts for 7 percent of the national premium...
ISO, NATIONWIDE PRODUCTS OKAYED
Sep 30 2002 // The Texas Department of Insurance (TDI) has cleared the way for insurers to provide expanded homeowners coverage options by approving both the Insurance Services Office Inc.’s (ISO) Homeowners 2000 program and new...
Nationwide Names Edwin McCausland Chief Investment Officer
Sep 27 2002 // Columbus Ohio-based Nationwide announced the election of Edwin P. McCausland Jr., CFA, as the company’s chief investment officer. “McCausland joined Nationwide in 1997 and most recently served as senior vice...
Nationwide Flood Research Launches Marketing Service for Agents
Sep 25 2002 // Dallas-based NationWide Flood Research Inc. (NFRI) announced it has launched AtRisk, a three-step marketing service that helps insurance professionals locate potential customers and cross-sell flood policies to existing...
Nationwide Mutual CFO Robert Oakley to Retire
Sep 18 2002 // Nationwide Mutual Insurance Company announced the retirement of Robert A. Oakley, Executive VP and CFO, effective January 31, 2003. He will also retire from the same position at the company’s publicly traded...
