nationwide News

Nationwide Offers Independent Agents a Commercial Insurance Digital Storefront

Giant insurer Nationwide is partnering with an insurtech in an effort to speed up its product underwriting for commercial lines property/casualty agents. The technology Nationwide is deploying was developed by Ohio-based Bold Penguin. The portal offers real time commercial risk …

Nationwide Taps Insider Walker as CEO to Succeed Rasmussen

Columbus, Ohio-based insurer Nationwide said Kirt Walker, a 33-year company veteran, will become its next chief executive officer. Plans call for Walker to take over the CEO slot on Oct. 1, 2019. He will succeed current CEO Steve Rasmussen, who …

Ryan Specialty Group and Nationwide Form Bermuda Reinsurer, Geneva Re

Ryan Specialty Group (RSG) and Nationwide announced they have formed a new Bermuda reinsurance company, Geneva Re Ltd. Columbus, Ohio-headquartered Nationwide will own 50 percent of the venture with RSG and RSG-related investors holding the remaining 50 percent. Reinsurance industry …

3 Things Insurance Professionals Should Know in Honor of Wine Day

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, all things wine. …

Top 10 Agribusiness Insurance Claims

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 10 claim types have accounted for more than …

Nationwide Switching to Independent Agency Distribution Model by 2020

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, which provides a range of insurance …

Nationwide Chief Information Officer Keller to Retire

Columbus, Ohio-based insurer, Nationwide, announced that Chief Information Officer Michael Keller will retire from his role later this year. Keller has been the CIO for Nationwide since 2001. The company anticipates it will name Keller’s successor sometime in the second …

10 Arrested in North Carolina Staged Auto Accident Ring

Nine residents in Pitt County, North Carolina, were arrested in connection with an alleged staged auto accident ring, according to a statement from the North Carolina Department of Insurance (NCDOI). Investigators allege the accused staged seven separate vehicle crashes between …

Graham Appointed Chief Investment Officer at Nationwide

Ohio-based insurance and financial services organization, Nationwide, named Chris Graham head of investment strategies and chief investment officer. Graham previously was a senior investment professional for Nationwide Investments. Graham will report to Mike Spangler, president of Nationwide Funds. Prior to …

Few Small Businesses Feel the Need to Prepare for Climate Change

Constant reminders in the media over threats of rising sea levels, more frequent storms, or the promise of blistering droughts along with water scarcity still won’t get people to prepare for the anticipated effects of climate change. Getting people to …