We are committed to investigating each claim on its own merits before making any coverage decisions.
Nationwide is currently reviewing a variety of public policy proposals regarding natural disasters, including the Allstate proposal. It would be premature to announce a position until we have fully evaluated the pros and cons of the proposals in the public domain.
Rates are based on computer modeling that predicts future risk, not about recouping past losses.
It's part of our effort to manage our exposure in the state of Florida. We are trying to take steps we feel will ensure our long-term stability and keep our promise to current Nationwide policyholders across the nation.
