Nationwide Nonrenewals

Hemenway, Chad
November 2009
Best's Review;Nov2009, Vol. 110 Issue 7, p10
Trade Publication
The article reports that the renewal of about 60,000 homeowners policies in Florida will not be made by Nationwide Insurance Co. for the preservation of financial viability as notices for affected policyholders will start to be given in January 2010. Nancy Smeltzer, spokeswoman for Nationwide, states that risk management and the maintenance of a strong position for policyholders are the basis for such a decision by the firm. July 2010 marks the beginning of nonrenewals.


Related Articles

  • Nationwide to drop 39,000 Fla. homeowners' policies.  // Buffalo Law Journal;9/3/2007, Vol. 79 Issue 71, p4 

    The article reports that Nationwide Insurance will not renew 39,000 Florida homeowner's insurance policies and 1,600 commercial property policies in January 2008. The company also plans to stop offering dwelling fire insurance. Nationwide added that it will begin notifying policyholders of their...

  • Nationwide Insurance says HO rate increase in Fla. is justified.  // Insurance Advocate;10/05/96, Vol. 107 Issue 39, p8 

    Reports that Nationwide Insurance asserts that its 27 percent increase in homeowners insurance rates in Florida is fully justified. Disappointment over insurance commissioner's intention to reject the rate change filed by the insurance department; Maintenance of steady growth in the homeowners...

  • Nationwide Suggests Wind-Water Policy. Gusman, Phil // National Underwriter / P&C;10/5/2009, Vol. 113 Issue 37, p10 

    The article offers information on the Enhanced Homeowner Insurance Policy proposed by Nationwide Insurance Co. in the U.S. According to the author, the policy aims to create a government backstop for insurers willing to offer a homeowner policy for both wind and flood coverage. Moreover, it...

  • Nationwide Urges Federally Reinsured Homeowners Policy For Both Wind, Water. HAYS, DANIEL // National Underwriter / P&C;6/30/2008, Vol. 112 Issue 25, p8 

    The article reports that a federally reinsured homeowners insurance policy that would cover both flood and wind has been urged by Nationwide Insurance Cos. The company said that the necessity of such law has emerged after thousands of lawsuits were filed against the insurance companies in the...

  • Nationwide plans rate increase for homeowners in Florida; cites projections of hurricane losses.  // Insurance Advocate;04/13/96, Vol. 107 Issue 15, p4 

    Reports that Nationwide Insurance said a recent review of its claims cost potential in Florida clearly shows that the company needs to increase its homeowners insurance rates in the state. Comments of Jerry Daughtry, vice president in charge of the company's Florida operations; Nationwide's...

  • Nationwide Settles Class Action. Gilkey, Eric V. // Claims;Aug2009, Vol. 57 Issue 8, p10 

    The article focuses on the Nationwide Mutual Insurance Co. class-action settlement on structural damage claims. It is inferred that Nationwide underpaid policyholders in claims involving damage to a building or other structures. Payment is discussed wherein policyholders who submitted claims or...

  • Nationwide Insurance, Allied Insurance Responding to Severe Weather.  // Insurance Broadcasting;5/22/2013, p1 

    The article informs that representatives and agents of Nationwide Mutual Insurance Co. and the company Allied Insurance are planning to help their customers affected by the severe storms in the central Plains and Midwest region of the U.S. It mentions that the procedures are providing quick...

  • Judgement Against Insurance Company Should Benefit Homeowners. Issues, Black // Black Issues in Higher Education;11/12/98, Vol. 15 Issue 19, p10 

    Focuses on a court ruling in Richmond, Virginia against Nationwide Insurance for denying homeowner policies to Blacks. Significance of the landmark deal for Blacks seeking home insurance policies; Offer by company to settle the case.

  • Should Homeowners Be Sold One Policy? Jurgensen, Jerry // National Underwriter / P&C;7/28/2008, Vol. 112 Issue 28, p26 

    The article discusses the Enhanced Homeowners Insurance Policy proposed by the Nationwide Insurance for the homeowners. Accordingly, in the proposal, the federal government will authorize private insurers to market an innovative homeowners policy which will prevent the dispute whether the damage...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics