Who bought nationwide?

Who bought nationwide?

Jones Day advised Nationwide Mutual Insurance Company (Mutual) in its $2.4 billion acquisition of Nationwide Financial Services, Inc. Mutual will acquire by merger all of the outstanding publicly held Class A shares of common stock of Nationwide Financial for $52.25 in cash per share.

Is nationwide the same as Allied?

It was formed as ALLIED Mutual Automobile Association in 1929 by Harold Evans. In 1998, Allied merged with Nationwide Mutual Insurance Company. A Fortune 500 company based in Columbus, Ohio, Nationwide is one of the country’s largest diversified insurance and financial services organizations.

When did Nationwide buy Allied?

Jun. 4, 1998Nationwide acquires Allied – Jun. 4, 1998. Jun 4, 1998

Are Nationwide and Liberty Mutual the same company?

Liberty Mutual and Nationwide are both big names in the world of insurance. Liberty Mutual was rated the #8 auto insurer for 2015, with Nationwide up ahead at #2. Both companies have extensive roadside assistance programs, but Nationwide’s is only available in select states.

What did Nationwide used to be called?

Nationwide, formerly known as Farm Bureau Mutual Automobile Insurance Company, sold its first policy. Farm Bureau Mutual expanded its business into other states, including West Virginia, Maryland, Delaware, Vermont and North Carolina.

See also  What does churning mean in insurance?