The U.S. Court of Appeals for the Eighth Circuit has affirmed a district court decision reforming a commercial insurance policy to include an exclusion that the insurance company had inadvertently omitted.
Claims and expenses took a bite out of Nationwides first-quarter earnings as the mutual insurance company says net income was down by 5 percent over the same period last year.
Claims and expenses took a bite out of Nationwides first-quarter earnings as the mutual insurance company says net income was down by 5 percent over the same period last year.
Despite $400 million in claims payments and other costs related to Superstorm Sandy, fourth-quarter net income at Nationwide jumped to $176 million in 2012 from $35 million in the prior year.
Despite $400 million in claims payments and other costs related to Superstorm Sandy, fourth-quarter net income at Nationwide jumped to $176 million in 2012 from $35 million in the prior year.