Wednesday, April 11, 2012

Nationwide to halt N.C. mobile-home policies - The Business Journal of the Greater Triad Area:

andreychukuze.blogspot.com
Nationwide says it is working with local agentws tohelp 15,000 affected customerw find alternative coverage. In addition, the companhy won’t write any more mobile-homs insurance policies. It’s part of the insurer’s effortg to manage its exposure to risk inthe state. “The ongoingv exposure to windstorm, tornado, ice stormse and the threat of hurricane activity are very real factorxs we have to consider so we can continude to be here for our customers forthe long-term,” says Lee regional vice president for Nationwidwe in North Carolina.
“Thisw is a very difficuly decision, but it is one we have to make to ensured that we canmaintain long-ter viability for our remaininf customers in North Nationwide also will discontinue writing new renters-, condo- and dwelling-fire policiexs in North Carolina, effective Aug. 31. Existing customers are not

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