Hurricanes, Wildfires Take Bite Out Of Nationwide’s Financial Results
April 06– Two hurricanes and California wildfires took a toll on Nationwide’s 2017 financial results. The Columbus- based insurer reported Thursday an operating profit of $562 million this past year, down from $910 million in 2016 and $1.2 billion in 2015.. And this past fall, Nationwide paid $1.4 billion in losses from wildfires that hit California.
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