Supreme Court hears dispute over agent status. (Robert Darden’s case against Nationwide Mutual Insurance Co.: are agents employees for purposes of the … & Casualty-Risk & Benefits Management
Supreme Court hears dispute over agent status. (Robert Darden’s case against Nationwide Mutual Insurance Co.: are agents employees for purposes of the … & Casualty-Risk & Benefits Management
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on February 3, 1992. The length of the article is 765 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Supreme Court hears dispute
List Price: $ 5.95
Price: $ 5.95
Categories: Nationwide Retirement Tags: Against, Agent, Agents, Benefits, Case, CasualtyRisk, Court, Darden's, dispute, Employees, hears, insurance, Management, Mutual, Nationwide, Over, purposes, Robert, status., Supreme
Nationwide’s contractor agents sue over benefits. (Nationwide Insurance Agents Association, Nationwide Insurance Cos.): An article from: National Underwriter … & Casualty-Risk & Benefits Management
Nationwide’s contractor agents sue over benefits. (Nationwide Insurance Agents Association, Nationwide Insurance Cos.): An article from: National Underwriter … & Casualty-Risk & Benefits Management
This digital document is an article from National Underwriter Property & Casualty-Risk & Benefits Management, published by The National Underwriter Company on January 23, 1989. The length of the article is 729 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Nationwide’s contractor age
List Price: $ 5.95
Price: $ 5.95
Categories: Nationwide Retirement Tags: Agents, article, Association, Benefits, CasualtyRisk, contractor, Cos., from, insurance, Management, National, Nationwide, Nationwide's, Over, Underwriter
Nationwide “Reflection” Life Comes At You Fast Retirement Commercial
Nationwide www.nationwide.com Life Comes at You Fast commercial where a young mans reflection quickly grows old. This plan for retirement commercial is just one of many funny Nationwide Commercials. To see more check out the You Tube Channel NationwideInsurance
Categories: Nationwide Retirement Solution Tags: Comes, Commercial, Fast, Life, Nationwide, Reflection, Retirement
2011 NASCAR Nationwide at Montreal: After a crash, Carpentier retires from racing
After a spin earlier in the race and an engine issues late, Patrick Carpentier stills gets the salute from the fans in his final race. Original video link: www.nascar.com
Video Rating: 5 / 5
Categories: Retire Tags: 2011, After, Carpentier, Crash, from, Montreal, NASCAR, Nationwide, Racing, retires
Economic Climate, Escalating Health Care Costs Make Saving for Retirement Difficult; Not Impossible : Nationwide Updates RetirAbility CheckSM to Account for Health Care Costs in Retirement
Economic Climate, Escalating Health Care Costs Make Saving for Retirement Difficult; Not Impossible : Nationwide Updates RetirAbility CheckSM to Account for Health Care Costs in Retirement
COLUMBUS, Ohio (PRWEB) December 9, 2008
The 17-point increase in the National Retirement Risk Index (NRRI) from the previous Index number of 44 percent – released in January 2007 – demonstrated how the surging cost of health care was significantly affecting retirement savings. But, as the nation’s economy continues to struggle, many Americans are beginning to cut back on their long-term financial plans due to rising costs of everyday necessities.
“Today’s economic environment plays a large factor in what steps people are taking to safeguard their future financial security,” said Brad Davis, vice president of marketing, Individual Investments Group at Nationwide Financial. “There is an even greater feeling of insecurity and vulnerability, especially during these demanding economic times. With more and more companies ceasing defined benefit plans and with mounting concerns about Social Security, some sources of expected post-retirement income may not be available to Americans. So, they need to take a more active and responsible role to secure their safe retirement.”
Education and online resources may help consumers plan for retirement and health care costs
To help consumers better prepare for retirement, Nationwide Financial Services, Inc. (NYSE: NFS) updated RetirAbility CheckSM to account for the rising cost of health care. This informative, interactive online experience aligns with the new NRRI data, which only Nationwide has exclusive access to because of its support of the retirement research being done by the CRR. Since its founding in 1998, the CRR is considered by many as an authoritative source of information and perspective on all major aspects of the retirement discussion.
“This latest update to RetirAbility Check is important because the rising cost of health care affects every retiree at some point in their lives,” Davis said. “Our free online site gives consumers an even more accurate picture of the impact of these rising costs, and enables them to consider this information as they prepare for retirement.
“Many in America have to rethink how they are going to make it to retirement, not just what to plan for when they finally do retire,” Davis said. “The Index also shows that the risk will rise for younger workers and low-income households. The Index number could be considerably higher once long-term care costs are taken into account, and if households do not plan judiciously. There are more reasons today to educate ourselves, and consider working with a financial professional on a plan that’s right for every individual’s circumstances.”
What is RetirAbility Check?
RetirAbility Check (http://www.nationwide.com/rscore/nrri1208) is an online, interactive resource that provides consumers with a basic retirement readiness score – called an R-ScoreSM – to illustrate how financially prepared they are for retirement. For example, if a person’s R-Score is 56, he or she is on track to have 56 percent of what they need financially in retirement. A score of 100 is the goal.
First introduced in late 2006, RetirAbility Check uses NRRI data to determine the R-Score. In addition to updating the online site to account for rising costs of health care, additional changes were made, including updates to the user interface and the creation of an express mode to expedite the process for returning users.
“Nationwide translates the Index findings and implications into a consumer-friendly format that goes beyond the numbers to keep consumers engaged. RetirAbility Check takes the national index of retirement readiness to a personal level,” Davis said.
How RetirAbility Check works
To start, consumers input basic information such as birth year, earnings and any current retirement plan balances. During the process, an on-screen peer – similar in age and gender – guides the user and provides information, tips and facts along the way.
Once complete, the information provided is analyzed using assumptions and patterns of behavior identified by Boston College — including cost of living and medical expenses in retirement — and gives users their R-Score.
After getting their R-Score, users can learn about ways to improve their score, as well as access additional educational resources, tips and calculators geared to help them better prepare for retirement. The site also provides information about how an investment professional could help with retirement planning.
To get your own R-Score, visit http://www.nationwide.com/rscore/nrri1208.
About Nationwide Financial
Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers invest1 and protect their long-term assets, and offers retirement plans and services through both public- and private-sector employers.
It’s part of the Nationwide group of companies, which offers diversified insurance and financial services. The group is led by Nationwide Mutual Insurance Company, which is ranked No. 108 on the Fortune 500 based on 2007 revenue.2 For more information, visit http://www.nationwide.com.
RetirAbility Check is provided for educational purposes only and is not intended as advice. All investing involves market risk, including the possible loss of principle. Neither Nationwide nor any of its representatives give legal or tax advice. Please consult with your legal or tax advisor for such guidance. Nationwide, Nationwide Financial, the Nationwide framemark and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company. RetirAbility Check and R-Score are service marks of Nationwide Mutual Insurance Company.
1 Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation.
2 Fortune Magazine, April 2007
Savings Tips for Consumers
Reduce debt. According to the Federal Reserve, consumer debt is more than $ 2 trillion. And according to the Fed’s 2004 Survey of Consumer Finances, the average American was carrying more than $ 2,000 in credit card debt alone. Try to pay off your credit cards as quickly as possible, and don’t just pay the monthly minimum. Shop around for cards with better rates. Control unnecessary spending. Sure that non-fat, decaf, mocha-grande-whatever tastes good but at $ 4 a pop, it adds up. If you bought one per day, that’s $ 1,460 annually. And that’s just for coffee purchases. Think about the things you buy that you can cut back on. Put that money to work for you instead. Have a 401(k) or similar savings program? Great! Are you withholding the bare minimum or are you “maxing” out your withholding? Consult with your plan provider to see how you might do better, what options are available and so on. Use online resources to help evaluate your personal financial situation. Nationwide’s RetirAbility CheckSM (http://www.nationwide.com/rscore/nrri1208) lets users plug in basic financial and demographic information, and returns an R-ScoreSM, which is a number that tells them if they’re on track to maintain their standard of living in retirement. This engaging resource also offers personalized suggestions and tips for R-Score improvement. The R-Score is calculated using data from the National Retirement Risk Index and other metrics. Start the conversation about future medical costs with your doctor, your family, your investment professional and your employer. Find more information in the “Health Care” section on the Improve Your R-Score screen of RetirAbility Check. Seek professional help. Consider working with a licensed, qualified investment professional whose business and personal styles suit your needs. Start today!
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: Nationwide Retirement Tags: Account, Care, CheckSM, Climate, Costs, Difficult, Economic, Escalating, health, Impossible, Nationwide, RetirAbility, Retirement, Saving, Updates
Nationwide Retirement Solutions
Website: nationwide-retirement-solutions.com Start planning today for your retirement to spend your sunset years with enough savings to be comfortable, traveling and enjoying life to its fullest.
Video Rating: 0 / 5
Categories: Nationwide Retirement Solution Tags: Nationwide, Retirement, Solutions
Nationwide Financial Services Redefines ?Retirement Calculator? with Unique, Interactive Experience
Nationwide Financial Services Redefines “Retirement Calculator” with Unique, Interactive Experience
Columbus, OH (PRWEB) October 20, 2006
In response to the growing need for a different kind of retirement preparedness resource, Nationwide Financial Services, Inc. (NYSE: NFS) today announced the launch of RetirAbility Check(SM). RetirAbility Check(SM), available at http://www.nationwide.com, is a free, innovative and customized financial resource and “retirement calculator” that enables users to generate a single number — their R-Score(SM), similar to a credit score — that measures their retirement readiness.
Recent Nationwide research shows nearly half of Americans go online to search for financial planning resources and information, yet many (44 percent) believe financial service providers are missing the mark on ease of use and content.
“Our research indicates Americans want to be engaged beyond just data, statistics and online questionnaires,” said Keith Millner, senior vice president of Nationwide Financial’s In-Retirement business unit. “With RetirAbility Check(SM), Nationwide created a new definition of retirement tool. Each step has been strategically planned to keep the user engaged. The result is an experience that is new, smart, entertaining…and a bit different.”
RetirAbility Check(SM) is based on solid research and is the first retirement preparedness resource that helps consumers evaluate their retirement readiness against that of their peers. The peer-level comparison data is derived from the National Retirement Risk Index, exceptional research conducted by the Center for Retirement Research at Boston College and funded by a grant from Nationwide. The Index revealed a disturbing fact — 43 percent of Americans are at risk of being financially unprepared for retirement. For full report and more, visit: http://www.bc.edu/centers/crr/nrri.shtml
“The Index discovered that Americans need more sources of guaranteed lifelong income, smarter investment strategies and increased savings. Nationwide sought to translate all of this intelligent research into a consumer-friendly format. RetirAbility Check(SM) is a unique combination of strategic, independent research and creative, fresh thinking. The result is a fun experience that allows users to evaluate their financial risk profile in the context of their peers,” said Millner.
RetirAbility Check(SM) — which is free and anonymous — is simple to use, open to anyone and can be completed in less than eight minutes:
(1.) Users are introduced to RetirAbility Check(SM) by an engaging host, who challenges them to find out how prepared for retirement they are “in the amount of time it takes to make a box of macaroni and cheese.” Users fill out basic demographic and financial information.
(2.) Users are then introduced to their RetirAbility Check(SM) guide, similar in age and gender, who guides them through the process, keeps it light-hearted and provides no-holds-barred commentary on their answers. The guides interact with users in surprising and sometimes quite comical ways – from playing the air guitar to acting out animal sounds, it all depends on who is answering the questions, and how!
(3.) As users move through the questions, they receive factoids and tips about how to improve their score, all while being teased and cajoled by their online guide.
(4.) Once information-gathering and assessment are complete, the peer guide reveals the user’s R-Score(SM). The score represents how prepared users are to meet their retirement needs. In other words, a score of 56 means they are on track to have 56 percent of what they need to maintain their current standard of living if they retire at age 65.
(5.) Users will receive a description of the score and be presented feedback on the number; peer and national averages appear here as well, giving the user information about how his or her score compares to others.
(6.) At this point, the user receives personalized suggestions for score improvement.
“RetirAbility Check(SM) is not your average online experience — From its credible research base and interactive structure to its irreverent tone and consumer-friendliness, there is nothing like it online,” said Millner. “Nationwide Financial believes it is imperative consumers are challenged in new ways to improve their retirement readiness. RetirAbility Check(SM) is one of the first steps in empowering consumers to meet personal retirement goals.”
RetirAbility Check(SM) and the Index are based on data from the Federal Reserve Board’s Survey of Consumer Finances, which is a comprehensive measure of household finances that includes Social Security, employer-sponsored pensions, non-pension financial assets and housing. The Index bundled together complex pieces of the retirement puzzle to come up with a collective measurement of our retirement readiness as a nation.
About Nationwide Financial
Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers invest and protect their long-term assets, and offers retirement plans and services through both public- and private-sector employers.
It’s part of the Nationwide group of companies, which offers diversified insurance and financial services. The group is led by Nationwide Mutual Insurance Company, which is ranked No. 98 on the Fortune 100 based on 2005 revenue. For more information, visit http://www.nationwide.com
About RetirAbility Check
The National Retirement Risk Index, developed by the Center for Retirement Research at Boston College funded by a grant from Nationwide, illustrated that 43 percent of working-age households are “at risk” of being unable to maintain their pre-retirement standard of living in retirement. RetirAbility Check(SM) takes the next step in delivering what consumers need such as sources of guaranteed lifelong income, smarter saving options and better investment strategies. RetirAbility Check(SM) provides consumers a distinct and easy way to see exactly where they stand by offering insights on increasing their retirement readiness. Using this resource, consumers create and learn about their own personal retirement readiness score – thereby giving them a starting point to learn more about financial strategies and to take action to implement those strategies. Visit http://www.nationwide.com/RetirAbilityCheck for more information.
About The National Retirement Risk Index
The National Retirement Risk Index, developed by the Center for Retirement Research at Boston College, is based on data from the Federal Reserve Board’s Survey of Consumer Finances. The Index is a comprehensive measure of household finances that includes Social Security, employer-sponsored pensions, non-pension financial assets, and housing. The Index was funded by a grant from Nationwide Mutual Insurance Company.
###
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: Nationwide Retirement Tags: Calculator, Experience, Financial, Interactive, Nationwide, Redefines, Retirement, Services, Unique
Annuity Assurance Launches Nationwide Website
Annuity Assurance Launches Nationwide Website
Houston, TX (PRWEB) October 25, 2005
Annuity Assurance, a Houston based company, has just launched http://www.AnnuityAssurance.com, a comprehensive website providing information on fixed, immediate and equity indexed annuities. Fixed annuities and equity index annuities sales are continuing to double each year as the population trend in the United States continues to age and investors are looking for secure, safe investment vehicles that provide stable income for their retirement while providing competitive returns.
“After having been in the financial services industry for 13 years, it became obvious that the trend for investors in the retirement age group were looking for these products and I wanted to be able to serve them with an online resource that could do that very thing,” Philip Mount founder of Annuity Assurance said. “The growth has been astounding and we see it continuing to increase in the years ahead as the population continues to age and more people discover the benefits of these products.”
Unlike variable annuities, fixed annuities and equity indexed annuities are not classified as securities and do not carry the risk of principal loss and market price fluctuations associated with a variable annuity. With the market volatility over the last several years investors have looked for more conservative products says Mount. “Our clients want stability and growth. We’ve been able to meet those objectives with the use of products like the equity indexed annuity. There are other people put there who want the same thing. Through Annuity Assurance we’ll be able to reach those individuals and provide them with the information they need.”
# # #
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: Retirement Annuity Tags: Annuity, Assurance, Launches, Nationwide, Website
Nationwide Financial Study Uniquely Defines Retirement Segments
Columbus, Ohio (PRWEB) January 18, 2007
According to a new study released today by Nationwide Financial (NYSE: NFS), 88 percent of Americans are confident they know what it will take to support their lifestyle in retirement. Yet, the updated National Risk Retirement Index, recently announced by the Center for Retirement Research at Boston College, conservatively places 44 percent of the country’s households ‘at risk’ of being unable to maintain their standard of living in retirement. So why the disconnect?
“These findings illustrate the need for people to truly understand what kind of lifestyle they wish for in retirement. While sufficient income will be a necessity, understanding your drivers of happiness so you’re able to plan what your income will be used for differs significantly based on individual priorities,” said Gordon Hecker, senior vice president at Nationwide Financial.
The Nationwide Retirement Decisions Study, conducted with Mathew Greenwald & Associates, found that individuals near or in retirement fell into one of five segments:
– High-Timers (34 percent of respondents)
– In-the-Moments (22 percent)
– Self-Sufficients (17 percent)
– Homebodies (16 percent)
– Connecteds (11 percent)
The survey polled 500 people aged 55 to 70, half working and half retired. According to the survey results, each of the five segments differed in what they found to be most important at this stage of their life. For more information on each of the segments, including segment-specific planning tips for retirement, please contact Lauren Dettloff at 312-751-3540.
“As indicated by the segments, people want different things out of life, which will impact their level of happiness and correspondingly how they should prepare for retirement,” said Mathew Greenwald, President and CEO, Mathew Greenwald & Associates. “For example, a ‘High-Timer’ who wants to afford extras may need to work a little longer than a ‘Homebody’ who expects to spend less in retirement. Americans need to adjust their retirement thinking and strategies according to what ultimately makes them happy.”
“The key to a good retirement is summed up in the age-old wisdom: ‘know thyself,’” said Hecker. “With nearly 50 percent of the country financially unprepared for a secure retirement, consumers need to take steps to understand themselves and to better prepare, regardless of which category they fall into. The sooner people understand their goals for retirement the sooner they can begin preparing for the retirement they want.”
The new research is a continuation of Nationwide Financial’s efforts to help empower consumers, regardless of income or financial sophistication, with clarity around the path to retirement. The company recently launched RetirAbility CheckSM, a free online resource that provides users with a simple, fun and engaging way to measure their retirement readiness. Visit www.nationwide.com/RetirAbilityCheck for more information.
About Nationwide Financial
Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers invest1 and protect their long-term assets, and offers retirement plans and services through both public- and private-sector employers.
It’s part of the Nationwide group of companies, which offers diversified insurance and financial services. The group is led by Nationwide Mutual Insurance Company, which is ranked No. 98 on the Fortune 100 based on 2005 revenue. For more information, visit www.nationwide.com.
Nationwide, the Nationwide Framemark and Nationwide Financial are federally registered service marks of Nationwide Mutual Insurance Company.
###
Categories: Nationwide Retirement Tags: Defines, Financial, Nationwide, Retirement, Segments, Study, Uniquely
Nationwide Automotive Protection Receives Certification from the Vehicle Protection Association (VPA)
Selbyville, DE (PRWEB) August 25, 2010
The Vehicle Protection Association (VPA), an association formed to promote regulatory transparency, education and accountability for marketing and servicing automotive service contracts, announced today that Nationwide Automotive Protection has successfully completed the VPA’s Certification-Audit Program.
Nationwide Automotive Protection has gone through a thorough evaluation, including an on-site audit, to ensure they are in compliance with federal and state laws and that they are upholding the Standards of Conduct established by the Vehicle Protection Association.
“We are honored to be one of the first companies to be certified by the VPA,” said Ken Brotherton, General Manager of Nationwide Automotive Protection. “VPA certification is consistent with our deep commitment to service and value. Moreover, it is a strong signal to our customers that we are a good company to work with.”
“The companies that are certified through our program are committed to protecting consumers and providing the most fair and honest service possible,” said Larry Hecker, executive director of VPA. “By obtaining certification, Nationwide Automotive Protection demonstrates that it is a responsible company and sets an example that we hope all companies in the industry will follow.”
As part of the Certification-Audit Program, companies must submit to a third-party for review. In addition to an on-site audit, companies also complete a self evaluation. If they pass through all of the rigorous evaluations, they can display the Vehicle Protection Association Certification logo on their marketing materials as a sign to consumers that they are a good company to work with.
About Nationwide Automotive Protection
Nationwide Automotive Protection entered the vehicle service contract industry in 1998 to help address the rising costs of automotive repairs for the consumer. The company offers customer-friendly service and expanded coverage protection plans to meet customer demands across the country. With a Nationwide Automotive Protection coverage plan, consumers can have eligible repair costs covered at any ASE certified mechanic, dealership or repair facility, nationwide. For additional information, visit www.carefreedriving.com.
About the Vehicle Protection Association
The Vehicle Protection Association (VPA) is a not-for-profit trade association representing firms that are active in the automotive service contract industry. Members include service contract finance companies, marketers, administrators, insurers, and software providers. VPA currently has more than 50 members. The organization is committed to ensuring regulatory compliance among members, educating consumers on their rights, protecting consumers, and otherwise ensuring the integrity of the automotive service contract industry. For more information, visit www.vpanet.org.
For more information:
Larry Hecker, Executive Director
Vehicle Protection Association (VPA)
Phone: (302) 524-1150
larry(at)vpanet(dot)org
###
Find More Automotive Insurance Press Releases
Categories: Insurance News Tags: Association, Automotive, Certification, from, Nationwide, Protection, Receives, Vehicle
