Nationwide

AM Best Downgrades Credit Ratings of Nationwide Mutual Insurance Company and Its Property/Casualty Subsidiaries; Affirms Credit Ratings of Life Affiliates

Retrieved on: 
Friday, December 8, 2023

In addition, AM Best has downgraded the Long-Term Issue Credit Ratings (Long-Term IR) to “a-” (Excellent) from “a” (Excellent) of the surplus notes issued by Nationwide Mutual Insurance Company.

Key Points: 
  • In addition, AM Best has downgraded the Long-Term Issue Credit Ratings (Long-Term IR) to “a-” (Excellent) from “a” (Excellent) of the surplus notes issued by Nationwide Mutual Insurance Company.
  • Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICRs of “aa-” (Superior) of Nationwide Life Insurance Company and its subsidiaries, Nationwide Life and Annuity Insurance Company and Jefferson National Life Insurance Company.
  • These companies are the key life/annuity subsidiaries of Nationwide Financial Services Inc. (NFS), and collectively known as Nationwide Life Group.
  • Finally, AM Best has affirmed the FSR of B++ (Good) and the Long-Term ICR of “bbb” (Good) of Titan Insurance Company (Titan).

Redfin Announces Home Price Index to Show Changes in U.S. Home Prices

Retrieved on: 
Tuesday, November 28, 2023

(NASDAQ: RDFN) — Today, Redfin is releasing a new tool that measures changes in U.S. home prices called the Redfin Home Price Index (RHPI).

Key Points: 
  • (NASDAQ: RDFN) — Today, Redfin is releasing a new tool that measures changes in U.S. home prices called the Redfin Home Price Index (RHPI).
  • The median home sale price measures the typical sale price of homes that sold during a given period.
  • Redfin compares that median price with the median price of homes that sold during a different period to measure how prices changed over time.
  • Therefore, when Redfin reports on home price growth as measured by median sale price, it’s comparing two different groups of homes.

ISG Study: AI, Customer Experience Are Top 2024 Spending Priorities for Banking, Financial Services & Insurance

Retrieved on: 
Monday, November 20, 2023

ISG will present the full study findings at the ISG TechXchange: Banking, Financial Services and Insurance event, December 5 at etc.venues, 360 Madison Avenue, New York City.

Key Points: 
  • ISG will present the full study findings at the ISG TechXchange: Banking, Financial Services and Insurance event, December 5 at etc.venues, 360 Madison Avenue, New York City.
  • “Economic uncertainty has put a laser focus on costs,” said Owen Wheatley, ISG lead partner for Banking and Financial Services and co-host of the event.
  • “As policyholders seek fast, personalized services, data-driven technology opens doors for hyper-personalized offerings,” said Dennis Winkler, Insurance practice lead for ISG and co-host of the event.
  • The ISG TechXchange: Banking, Financial Services and Insurance event is sponsored by Hitachi Vantara, Infinite, IBM and Xebia.

Ohio Virtual Academy Partners With Alumni to Host Ninth Annual Christmas Toy Drive Benefiting Nationwide Children’s Hospital

Retrieved on: 
Wednesday, November 15, 2023

Ohio Virtual Academy (OHVA) — a full-time, tuition-free, online public school for grades K-12 — has partnered with alumni to host their Ninth Annual Christmas Toy Drive benefiting Nationwide Children’s Hospital .

Key Points: 
  • Ohio Virtual Academy (OHVA) — a full-time, tuition-free, online public school for grades K-12 — has partnered with alumni to host their Ninth Annual Christmas Toy Drive benefiting Nationwide Children’s Hospital .
  • All toys collected will be donated on December 9 to children at Nationwide Children’s Hospital who are unable to be home with their families for the holiday.
  • “We started the toy drive with the goal of spreading holiday cheer by providing gifts to children who are in the hospital during the holidays,” said Tyler Slaven, Ohio Virtual Academy alumnus.
  • Since then, they have donated more than 80,000 toys to the hospital through the drive.

Alltroo Offers NFL Fans the Opportunity to Win Prizes in Support of the Player Nominees of the 2023 Walter Payton NFL Man of the Year Award Presented by Nationwide

Retrieved on: 
Wednesday, December 13, 2023

MINNEAPOLIS, Dec. 13, 2023 /PRNewswire/ -- Nationwide and professional fundraising platform Alltroo have teamed up for the second year in a row to offer fans of the NFL the opportunity to engage with the 32 nominees of the Walter Payton NFL Man of the Year Award presented by Nationwide. Via custom fundraisers, fans can enter for a chance to win unique prizes – custom to each nominee – and raise donations in support of the nominees' chosen charity beneficiaries.

Key Points: 
  • Via custom fundraisers, fans can enter for a chance to win unique prizes – custom to each nominee – and raise donations in support of the nominees' chosen charity beneficiaries.
  • "The Walter Payton NFL Man of the Year award is the NFL's most prestigious honor, and each of this year's nominees exemplifies the true spirit of the award both on and off the field," said NFL Commissioner, Roger Goodell.
  • Now through Jan. 31, 2024, fans can visit alltroo.com/manoftheyear and donate to any of the fundraisers supporting the Walter Payton NFL Man of the Year nominees.
  • "Thanks to Nationwide's continued support, we're excited to further engage fans in the philanthropic efforts of their favorite players.

700 LATINO LEADERS GATHER AT THE UNITED NATIONS TO AGREE ON THEIR COMMON AGENDA FOR A CRITICAL YEAR TO COME

Retrieved on: 
Wednesday, December 6, 2023

NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The We Are All Human Foundation  kicked off today the sixth Hispanic Leadership Summit, bringing together leaders from the public, private and non-profit sectors to create an annual agenda designed to advance the prosperity, power and progress of Latinos.

Key Points: 
  • The programming includes the implementation of playbooks, resources and toolkits to equip corporate America and other players to create robust Latino strategies.
  • "The Hispanic Leadership Summit has become an important part of how the We Are All Human Foundation works to unite the Latino community in order to advance the Latino path to progress.
  • The critical issues for our community remain changing perceptions and representation.
  • For two days, some of America's best corporations meet with community and non-profit organizations to share learnings and build consensus around priorities and programs.

Protect your pets from common, and potentially costly, holiday hazards

Retrieved on: 
Wednesday, December 6, 2023

While enjoying favorite foods and seasonal décor, pet parents should be mindful of holiday hazards that may prompt unplanned veterinary visits.

Key Points: 
  • While enjoying favorite foods and seasonal décor, pet parents should be mindful of holiday hazards that may prompt unplanned veterinary visits.
  • "When it comes to preventing holiday health emergencies, it's important to consider your pet's personality.
  • To help with pet-proofing for the holidays, pet parents should ask themselves: What is at their pet's eye level?
  • To explore pet health insurance coverage for dogs, cats and many avian and exotic pets, visit PetInsurance.com .

Nationwide's Charity Challenge kicks off today with increased prize money, new voting option

Retrieved on: 
Tuesday, December 5, 2023

COLUMBUS, Ohio, Dec. 5, 2023 /PRNewswire/ -- Nationwide's annual Charity Challenge kicks off today, giving football fans a way to help Walter Payton NFL Man of the Year nominees earn additional dollars for their chosen charities. As presenting sponsor of the Walter Payton NFL Man of the Year Award, Nationwide is encouraging fans to take the challenge and vote for their favorite nominees now through January 8, 2024.

Key Points: 
  • COLUMBUS, Ohio, Dec. 5, 2023 /PRNewswire/ -- Nationwide's annual Charity Challenge kicks off today, giving football fans a way to help Walter Payton NFL Man of the Year nominees earn additional dollars for their chosen charities.
  • To commemorate its 10th year of sponsoring what is widely regarded as the NFL's most prestigious honor, Nationwide will award the Charity Challenge winner an additional $10,000 for his designated charity, increasing the top prize from $25,000 to $35,000.
  • The second and third place finishers will receive $10,000 and $5,000 donations, respectively, all courtesy of Nationwide.
  • Hashtag information, official rules and the Charity Challenge scoreboard can be found at NFL.com/manoftheyear .

Medical Solutions to be inducted into Training Hall of Fame

Retrieved on: 
Monday, December 4, 2023

OMAHA, Neb., Dec. 4, 2023 /PRNewswire/ -- Medical Solutions is pleased to announce it will be inducted into Training magazine's Training Hall of Fame in 2024.

Key Points: 
  • OMAHA, Neb., Dec. 4, 2023 /PRNewswire/ -- Medical Solutions is pleased to announce it will be inducted into Training magazine's Training Hall of Fame in 2024.
  • This comes after the company's fourth consecutive year in the Top 10 of the Training APEX Awards.
  • Medical Solutions, along with one other company, will join 18 previously inducted companies to accomplish this prestigious achievement.
  • "We are profoundly grateful and humbled by the honor of being inducted into the Training Hall of Fame," said Craig Meier, CEO of Medical Solutions.

A Third or More Young Investors Acted on Misleading Online Financial Advice

Retrieved on: 
Monday, December 4, 2023

COLUMBUS, Ohio, Dec. 4, 2023 /PRNewswire/ -- As investors become inundated with financial advice in the news and on social media, misguided advice from unqualified sources – such as relatives, generative artificial intelligence (AI) or online influencers – has become more prevalent and actionable. However, willingness to implement and trust financial advice from online sources varies by generation, according to Nationwide's ninth annual Advisor Authority survey, powered by the Nationwide Retirement Institute.

Key Points: 
  • That's why it's important to scrutinize the financial information you find online – or better yet, turn to an advisor for help ."
  • Younger investors, whose upbringing has coincided with the rise in online information (and misinformation), are navigating the financial advice they find on the internet differently than older investors.
  • More than four in ten (41%) Gen Z and 34% of Millennial investors have encountered, then acted on misleading or factually incorrect financial information seen online or on social media.
  • By contrast, older investors appear to be more cautious about online financial information, making them less likely to fall victim to misleading advice: just 6% of Baby Boomer investors have acted on misleading or factually incorrect financial information seen online or on social media — the least of any generational cohort.