| Nationwide Life Ins Company of America
One Nationwide Plaza
Columbus
Ohio 43215-2220
Phone:
Company Web : http://www.nationwide.com
About
Nationwide was founded by the Ohio Farm Bureau Federation, a consumer group organized in 1926 by Ohio farmers. The early Farm Bureau leaders decided to start an auto insurance company because they believed that they were being overcharged by established insurers. Although they knew little about insurance techniques and practices, common sense told them it was only fair that rural drivers pay less for their auto insurance because they had fewer traffic accidents than city motorists. Nationwide now has its international headquarters at One Nationwide Plaza, the largest single office building in Central Ohio. Completed in 1978, the 40-story structure is a city landmark. Nationwide moved ahead of the industry again in the mid-1950s when it pioneered the sale of both life insurance and mutual funds shares by its agents. It was a bold move that was viewed skeptically and opposed vigorously at the time by both the insurance and securities industries. Attitudes changed slowly, but many leading insurance companies eventually followed Nationwide's lead into mutual funds.
Ratings
S&P: AA-
Moody's: Aa3
Fitch: Na
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