nationwide News

Ruff Ruling for Nationwide: Ohio Court Says Insurer Must Cover Canine Bite

An Ohio Court of Appeals panel said that Nationwide must indemnify a canine owner whose bulldog bit a passer-by, ruling that a policy exclusion barring coverage for bodily injury for a dog with a prior history of attacking or biting …

People Moves: Beal Leads Nationwide National Partners; Acrisure New Leadership Team; WSIA New Diversity Board Members

Beal Named Leader of Nationwide National Partners team Nationwide has named Tony Beal as the new leader of the Nationwide National Partners team, responsible for managing key P&C distribution partner relationships. Beal’s background is in national distribution management and underwriting. …

Small Businesses Underestimate Recovery Time, Cost of Cyberattack

Nationwide Agency Forward survey showed 40% of small business owners surveyed expect a cyberattack to cost less than $1,000 and another 60% think it would take less than three months to fully recover. However, Nationwide claims data shows cyber claims …

People Moves: Former Lexington Exec Heads to FutureProof; Hourly.io Hires From Markel; Leisz Joins Nationwide E&S; New CIO at Ryan Specialty

San Diego-based FutureProof Technologies has hired Joseph Strickland as head of underwriting. He was previously senior vice president at AIG’s Lexington Specialty Isurance Agency. FutureProof calls itself a “climate-smart property/casualty insurtech” and is backed by Axis Digital Ventures as well …

Younger Workers More Likely to Leave Employers to Retain Flexibility

Most business owners expect employees to be back working in person full time a year from now but employees want to retain flexibility with where and when they work. According to Nationwide’s most recent Agency Forward survey, about half of …

Markets/Coverages: QBE N.A. Starts Specialty Casualty; Ryan Specialty, Harleysville Team Up; Coalition, Vantage Capacity Partners; Joyn Expands Offerings

QBE North America launches Specialty Casualty business QBE North America today announced the launch of a Specialty Casualty business as part of its strategy to invest in areas where the insurer can offer distinct advantages to business customers. Offerings will …

J.D. Power Agents’ Survey Reveals Top-Ranked P/C Carriers (Story in Charts)

Neglected no more. Independent agents are feeling the love from property/casualty insurance carriers—and the scores they are giving carriers are moving higher, J.D. Power reports. According to results of the J.D. Power 2021 U.S. Independent Agent Performance and Satisfaction Study, …

Nationwide Invests in Certificate of Insurance Startup Certificial

Insurer Nationwide has invested in an early-stage funding round for Certificial, an insurtech with a platform that issues real-time certificates of insurance and simplifies compliance management. Certificial’s $5.8 million Series A funding round also included lead investor IA Capital, a …

Markel Corporation and Nationwide Join InsurConneXtions Alliance

Markel and Nationwide join AmWins, CRC Group, Heffernan, and Patra to bring standardized technology-enabled solutions to the insurance industry with AI and Automation EL DORADO HILLS, Calif., April 28, 2021 – A consortium of insurance industry leaders that formed InsurConneXtions …

Insurance Technology: Bold Penguin and Thimble, Vertafore and Nationwide, eMaxx

Catching up with insurance technology developments involving Thimble and Bold Penguin, Vertafore and Nationwide, and eMaxx …. Insurtech Bold Penguin is making it easier for agents and small business customers to secure to coverage by the month or by the …