Allegations in Lawsuit Unfounded
COLUMBUS, Ohio, Sept. 15 /PRNewswire/ -- Nationwide wants to set the
record straight. The allegations made by the Mississippi attorney general are
unfounded. Our company is absolutely not asking policyholders to acknowledge
damage is flood related in order to receive a check for living expenses. No
such form or activity is sanctioned by Nationwide, nor does Nationwide own any
company called Nationwide Flood Insurance Company as noted in the legal action
filed today.
We are deeply disappointed with the allegations by the Mississippi
attorney general against well-established flood exclusions contained in
policyholder language. If these long-recognized and relied-upon exclusions
were to be deemed null and void, it would have a significant negative impact
on insurance policyholders across the country. There is a federal flood
insurance program available to all individuals who desire to purchase this
coverage.
As we have consistently said, Nationwide will continue to investigate each
claim presented to it on its own merits before making any coverage decision.
Nationwide and the Nationwide Framework are federally registered service
marks of Nationwide Mutual Insurance Company. On Your Side is a service mark
of Nationwide Mutual Insurance Company.
Contact:
Joe Case
(614) 249-6353
casej6@nationwide.com
SOURCE Nationwide Mutual Insurance Company
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Related links:
http://www.nationwide.com
Company News On-Call:
http://www.prnewswire.com/comp/607050.html
CONTACT:
Joe Case of Nationwide Mutual Insurance
Company, +1-614-249-6353, or casej6@nationwide.com
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