The Bucks County District Attorney office has charged the owner of the Chalfont Collision Center, located in Chalfont, Pa., who is alleged to have submitted nearly 300 false insurance claims over several years to four insurance companies, pocketing more than $426,000 in payouts. John Paul Reis, 56, of Newtown Township, turned himself in yesterday on […]
Nationwide Insurance Survey Says Bad Driving has Americans on Edge
Survey indicates drivers think roads are more dangerous today than before the pandemic. The roadways changed drastically at the onset of the pandemic, even with fewer drivers on the road, traffic deaths have soared throughout the pandemic. According to the National Highway Traffic Safety Administration, despite miles driven declining by 11%, there was a 6.8% […]
Nationwide Insurance Announces $21 Minimum Wage
Nationwide announced it is again raising the minimum wage it will pay for its workforce. The Columbus, Ohio-based insurance and financial services provider is raising its minimum pay to $21 per hour, effective April 4, which makes it a leading employer providing one of the highest minimum wages in the country. The change will impact […]
Nationwide First Insurer to Equip Field Appraisers with CCC Mobile Appraiser Pro
CCC Intelligent Solutions (CCC) announced the availability of CCC Mobile Appraiser Pro, a native app for appraisers designed to accelerate the claims process by driving efficiency and consistency into field inspections. Nationwide is the first auto insurer to activate CCC Mobile Appraiser Pro. “At Nationwide, it is our strategy to provide customer centered solutions that […]
Nationwide Expands Venture Capital Investment Fund to $350 Million
Nationwide announced it is expanding its venture capital investment fund to $350 million. The funding will be directed into high-growth potential insurance and financial services startups that directly advance Nationwide’s strategy and enable even greater customer value. To date, Nationwide’s venture capital team has invested in 25 companies and has helped facilitate 31 partnerships between […]
Nationwide’s Russ Sims Joins CIECA Board
The Collision Industry Electronic Commerce Association (CIECA) announced that Russ Sims, property & casualty claims senior business consultant for Nationwide, joined CIECA’s board of trustees, effective immediately. In his new role, Sims will support CIECA’s mission to develop and promote electronic data integration standards that allow all segments of the collision industry to be more […]
Collision Repair Education Foundation Thanks Insurance Industry for Support of Critical Resources to Schools Impacted by COVID-19
The Collision Repair Education Foundation (CREF) publicly thanked the insurance industry for rallying behind it during a time when raising funds is extremely difficult. Six extremely generous insurance organizations have stepped in to offer their support, donating funds that can help CREF make good on its mission of connecting the next generation of collision repairers […]
Nationwide Insurance Completes Transition to Independent Agency Model
On July 1, Nationwide completed its 18-month transition to operate as a fully independent agency carrier. More than 99% of the company’s formerly captive agents will transition to Nationwide’s independent agency channel and continue partnering with the company. Since the company made the announcement to transition to a fully independent model in 2018, new written […]
Nationwide Acquires Renewal Rights for United Fire & Casualty Company Personal Lines Business
United Fire & Casualty Company (UFG) and Nationwide have entered into a renewal rights agreement for UFG’s personal lines business, providing UFG’s independent insurance agents with the opportunity to transfer personal lines policies to Nationwide beginning in the third quarter of 2020, subject to the receipt of applicable regulatory approvals. As part of this agreement, […]
Nationwide to Close Offices in Five States in Permanent Shift in Workplace and Work-from-Home Strategy
Employees at five locations in the U.S. will shift to work-at-home permanently. Nationwide announced a plan to permanently transition to a hybrid operating model where staff will be primarily working-from-office in four main corporate campuses and working-from-home in most other locations. “We’ve been investing in our technological capabilities for years, and those investments really paid […]