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Author	Topic: Oil industry outside of Nationwide's scope	Post a Reply Back to Topics

jcs72 Champion Author Dayton Posts:6,244 Points:1,780,545 Joined:Jan 2006	Message Posted: Jul 29, 2012 2:04:42 PM Ignore jcs72 Report Abuse An energy insurance expert says Nationwide's decision not to underwrite risks associated with hydraulic fracturing is not news, although you would never know it by following some news providers. The announcement that Nationwide would not participate in the oil and gas industry was first mentioned by the Associated Press on July 12, with other news agencies following closely behind. It's based on a memo by Nationwide to its agents. David Stein, president of LJ Stein & Company, says Nationwide has never been a company that's worked in the oil and gas industry. Visit OneNewsNow.com for full article

jcs72

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Dayton

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Message Posted: Jul 29, 2012 2:04:42 PM

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An energy insurance expert says Nationwide's decision not to underwrite risks associated with hydraulic fracturing is not news, although you would never know it by following some news providers.

The announcement that Nationwide would not participate in the oil and gas industry was first mentioned by the Associated Press on July 12, with other news agencies following closely behind. It's based on a memo by Nationwide to its agents.

David Stein, president of LJ Stein & Company, says Nationwide has never been a company that's worked in the oil and gas industry.

Visit OneNewsNow.com for full article

REPLIES (newest first)Ignore Short Messages

sciotosix Champion Author Dayton Posts:2,729 Points:662,125 Joined:Apr 2011	Message Posted: Jul 30, 2012 3:14:27 PM Ignore sciotosix Report Abuse Nationwide's not on their side?
Venzadriver Champion Author Florida Posts:1,325 Points:359,265 Joined:Dec 2010	Message Posted: Jul 29, 2012 9:16:00 PM Ignore Venzadriver Report Abuse They still haven't provided any data on the seismic implications of it.
ktbaeohana Champion Author Las Vegas Posts:2,296 Points:420,700 Joined:Mar 2010	Message Posted: Jul 29, 2012 5:55:07 PM Ignore ktbaeohana Report Abuse watch and see.
bisonjim Champion Author Florida Posts:1,039 Points:203,305 Joined:May 2012	Message Posted: Jul 29, 2012 4:11:42 PM Ignore bisonjim Report Abuse Other insurance companies????
drpepperTX Champion Author Texas Posts:8,929 Points:749,935 Joined:Apr 2011	Message Posted: Jul 29, 2012 4:10:32 PM Ignore drpepperTX Report Abuse These facts do not matter to the media that likes to have readers and listeners hyperventilate over headlines. It's just not good for the peddlers of fear and paranoia.
cdrrod Champion Author Wisconsin Posts:4,134 Points:779,775 Joined:Feb 2006	Message Posted: Jul 29, 2012 3:44:48 PM Ignore cdrrod Report Abuse Good for Nationwide!
kag2010 Champion Author Winnipeg Posts:5,239 Points:1,016,735 Joined:Apr 2010	Message Posted: Jul 29, 2012 2:22:43 PM Ignore kag2010 Report Abuse Alrighty then.
md11capt Champion Author Denver Posts:3,553 Points:707,405 Joined:Mar 2011	Message Posted: Jul 29, 2012 2:16:54 PM Ignore md11capt Report Abuse Alrighty then.
humblepie Champion Author Toledo Posts:34,084 Points:2,368,445 Joined:Mar 2006	Message Posted: Jul 29, 2012 2:11:03 PM Ignore humblepie Report Abuse take it from a person who had nationwide, they are not a good neighbor when it comes to paying claims