Nationwide Insurance News

Nationwide to Pay West Virginia $5.75M in Farm Bureau Discount Suit

Attorney General Patrick Morrisey has reached a $5.75 million settlement with Nationwide Insurance regarding a discount on certain insurance products for West Virginia Farm Bureau members. Morrisey announced the settlement July 2. Former Attorney General Darrell McGraw filed the lawsuit …

Nationwide to Close Virginia Call Center; 340 Jobs to Leave Area

Nationwide Insurance says it will close its Lynchburg, Virginia, call center by the middle of 2016. The News & Advance reports that the move means 340 jobs will leave the area. Nationwide spokesman Eric Hardgrove says the closure is part …

Former Washington Adjuster Pleads Guilty To $135,000 Theft

Former Nationwide Insurance claims associate Fariborz Romeo Rahrovi, 40, on Friday pled guilty in King County Superior Court in Washington to two counts of theft, criminal conspiracy and money laundering related to the theft of an accident victim’s $525,000 insurance …

Nationwide to Realign Under Single Brand; Drop Harleysville, Scottsdale Names

Nationwide Mutual Insurance Co. said it will unite all of its products and subsidiaries under its most recognizable brand— Nationwide — and drop the use of Harleysville Insurance, Scottsdale and names of other subsidiaries. Chief Executive Officer Steve Rasmussen said …

Nationwide Reports P/C Premium Up 6% in Q1; Weather Lowers P/C Profit

Nationwide reported total operating revenue of $6.1 billion for the first three months of 2014, up 5 percent over the same period last year and steady compared to fourth quarter 2013. First quarter operating earnings were balanced across the company’s …

Ohio State Partnering with Nationwide Insurance on Discounts, Internships

Ohio State University has announced a 10-year, $17.1 million sponsorship agreement with Nationwide Insurance. The university says the expanded partnership will provide discounts for faculty, staff, students and alumni. Other benefits for the university include 40 internships every year for …

Missouri Settles with Nationwide Insurance over Workers’ Comp Inconsistencies

Missouri insurance regulators announced a settlement agreement with Nationwide Agribusiness Insurance Co. and Farmland Mutual Insurance Co. following a market conduct examination into the companies’ handling of workers’ compensation insurance. Department of Insurance Director John M. Huff reported that as …

Washington Lawyer Faces Four Felonies in Alleged Insurance Scam

Washington Insurance Commissioner Mike Kreidler is looking for residents who might be victims of a Seattle attorney who has been charged with four felonies related to a $500,000 insurance settlement. Seattle private law attorney Edward Joseph Callow and former Nationwide …

Nationwide Insurance Recruiting New Agents in Texas

Columbus, Ohio-based Nationwide Insurance announced that the company is looking to add 100 new Advantage Program insurance agents in the Dallas, Fort Worth, Austin and San Antonio, Texas markets. Nationwide Insurance Advantage Program agents will serve as independent contractor exclusive …

Virginia Police, Nationwide Insurance Promote Move Over law

The Virginia State Police is joining with Nationwide Insurance to help protect public safety personnel and all those who drive tow trucks and road maintenance vehicles. They have joined together to promote Virginia’s Move Over law that was implemented in …