Scottsdale Insurance News

Nationwide E&S Strikes Out in Move for $1.4M Contribution to Injury Settlement

Nationwide E&S/Specialty is not entitled to be reimbursed by Mt. Hawley Insurance and Lloyd’s for part of a $2.725 million payment it contributed as the excess/surplus insurer to settle a personal injury suit. A New York appellate panel has found …

New York-Based Freedom Specialty Rebranded as Nationwide

Nationwide Mutual Insurance Company announced that the New York-based Freedom Specialty Insurance Company is taking on the Nationwide name, effective Oct. 8. Freedom Specialty’s rebranding aims to leverage Nationwide’s brand recognition, diverse product offerings, and financial stability, the announcement said. …

Scottsdale Names Nelson to Lead Contract Underwriting

Surplus lines carrier Scottsdale Insurance Co. has named David Nelson as the leader of contract underwriting. Nelson has been with Scottsdale Insurance since 1991. His most recent position was CFO for the Scottsdale Insurance Group of Companies, Nationwide Agribusiness and …

North Carolina Man Accused of Defrauding Insurance Companies

North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of William Jeffery Barnhardt, 65, of West End, Moore County; he is charged with two counts each of insurance fraud and obtaining property by false pretense. Department of Insurance criminal investigators …

Nationwide Names Executives, Divisions Under One-Brand Strategy

Nationwide Mutual Insurance Co. has realigned its internal structure and named new division leaders, one week after announcing it is bringing all of its product lines under the single brand, Nationwide. Last week Nationwide Mutual Insurance Co. said it will …

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 brandβ€” Nationwide β€” and drop the use of Harleysville Insurance, Scottsdale and names of other subsidiaries. Chief Executive Officer Steve Rasmussen said …

Patriot Underwriters Partners with Scottsdale to Offer Workers Comp Coverage

Patriot Underwriters, Inc. (PUI), a provider of workers’ compensation insurance products headquartered in Fort Lauderdale, Fla., has partnered with Scottsdale Insurance Co. to serve as a program administrator with defined underwriting and claims responsibility. This program, which focuses on most …

Scottsdale, Virtue Risk Partners to Offer Commercial Package Product

Scottsdale Insurance Co. has partnered with Virtue Risk Partners, LLC to offer a commercial package product. Virtue Risk Partners will offer commercial package products, including commercial general liability, professional, excess, environmental, commercial auto, and storage tank compliance coverages. The products …

California Wholesalers Group Adds Associates

The California Wholesalers Association is adding four associate members to its ranks. CIWA elected to revise its bylaws and allow for more associate members. The new associate members are: Arthur Davis; Beth Hannon; Colby Waltenburg; and Mark Kaufman. Davis is …

Scottsdale Insurance Agrees to Pay $1M to Fired Pennsylvania County Employees

A group of northeast Pennsylvania county workers will share a $1 million settlement that will end five years of federal litigation over firings they alleged were politically motivated. The (Scranton) Tribune-Review says Lackawanna County’s former insurance provider agreed to pay …