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August 31, 2015 8:16 PM ET


Company Overview of Nationwide Mutual Insurance Company, Inc.

Company Overview

Nationwide Mutual Insurance Company, Inc. engages in insurance, retirement and investing, banking, and claims center businesses. It offers vehicle insurance products that comprise auto, motorcycle, snowmobile, ATV, RV, boat, personal watercraft, and scooter insurance; property insurance products, such as homeowners, renters, condo, flood, and individual insurance; life insurance products, including life, term life, whole life, universal life, and variable universal insurance; and specialty, travel, accident, identity theft, specialty liability, personal umbrella, and agriculture insurance products. The company also provides retirement and investing products, which comprise annuities, life in...

One Nationwide Plaza

Columbus, OH 43215-2220

United States

Founded in 1925





Key Executives for Nationwide Mutual Insurance Company, Inc.

Chief Executive Officer and Director
Age: 62
Chief Financial Officer and Executive Vice President
Age: 58
President of Nationwide Property & Casualty Operations and Chief Operating Officer of Nationwide Property & Casualty Operations
President of Nationwide Direct & Member Solutions and Chief Operating Officer of Nationwide Direct & Member Solutions
President of Nationwide Financial Services and Chief Operating Officer of Nationwide Financial Services
Age: 51
Compensation as of Fiscal Year 2015.

Nationwide Mutual Insurance Company, Inc. Key Developments

Nationwide Mutual Insurance Co. Pays State of West Virginia $6 million in Settlement

Nationwide Mutual Insurance Co. announced that the company has agreed to a $5.75 million settlement with the state of West Virginia over allegations it misused a rural auto insurance discount. The attorney general's office will retain $3.6 million of the settlement and the remainder will go toward attorneys' fees and restitution to affected consumers.

New York State Deferred Compensation Plan and Nationwide Extend Relationship Seven More Years

The board of the New York State Deferred Compensation Plan renewed Nationwide as its 457(b) plan provider for seven more years, extending a relationship that began in 2003. The new contract officially starts April 1, 2016. NYSDCP is available to all employees of the State of New York and more than 1,400 local governments in the state choose to offer it to their employees.

Nationwide Mutual Insurance Company Reports Earnings Results for the First Quarter Ended March 31, 2015

Nationwide Mutual Insurance Company reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company's net income was $199 million compared to $140 million for the same quarter ended March 31, 2014. Total revenues were $5.99 billion, compared to $5.76 billion for the same quarter ended March 31, 2014. Net investment income was $747 million, compared to $807 million for the same quarter ended March 31, 2014.

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