NORTHBROOK, Ill., April 17, 2024 – Allstate customers who opt into the Allstate app's safe driving features are experiencing a significant decrease in severe collisions. According to Allstate and its mobility data and analytics partner Arity, those who choose to use Drivewise are 25% less likely to have a severe collision than those who don't. Driving behavior research from Arity also indicates that Drivewise customers exhibit safer driving habits compared to other connected drivers, handling their phones less, speeding less, and hard braking less by as much as 44%.Ginger...

Nationwide's Chief Veterinary Officer, Dr. Jules Benson, recently analyzed data from more than 22 million pet insurance claims to unveil some surprising trends regarding certain dog breeds. Dr. Benson noted that some breeds, known as "Peter Pan pups," retain puppy-like behaviors well into their mature and senior years, which can lead to specific health risks.Dr. Benson stated, "Some dog breeds continue to submit claims for what we might think of as ‘silly puppy’ conditions – including trauma, foreign body ingestion, and toxicity – well into their mature and even senior...

Nationwide has announced the winners of the 2024 Wacky Pet Names campaign. According to Nationwide, "Congratulations to Molly from Corporate, Tony “Scarface” Baloney and Thor Odinbun, God of Bunder for their first-place finishes in the dog, cat and exotic pet name categories, respectively."The annual competition by the nation’s pet health insurance leader recognizes the most unique and clever names among its roster of over 1.2 million protected pets. The top 10 wackiest dog, cat, and exotic pet names were put to a public vote that ran from April 9-12.In celebration of...

Morgan Stanley Reports First Quarter 2024Morgan Stanley has announced that a conference call to discuss the results of the first quarter of 2024 will be held on April 16, 2024, at 9:30 a.m. (ET). The call will be available both live and on-demand via webcast on their website in the Investor Relations section.In a statement, Morgan Stanley emphasized the importance of respecting the copyright of their presentation, stating, "IMPORTANT INFORMATIONThis presentation by Morgan Stanley is copyrighted and proprietary, and all rights are reserved. Any recording, rebroadcast or...

Thomas, a member of his local fire department, recently shared his experience with a Ting electrical fire monitoring device that detected an electrical problem in his home. According to Thomas, "The detection of an arching problem, when electricity 'jumps' across a tiny gap in a connection, was discovered by this device and allowed for immediate action to take place."Ting, a device that monitors the electrical network of a home, has been successful in preventing potential fires. It has detected over 500 fire hazards and alerted homeowners before a fire ignites, as...

COLUMBUS, OH (April 16, 2024) – A new study conducted by AAA and Bread Financial has revealed that younger generations are significantly impacting the landscape of live event travel. According to the survey, approximately three in five Gen Z and Millennial respondents have either traveled or plan to travel for in-person events like concerts, sporting events, comedy shows, and book readings that are more than 50 miles from home.The study found that younger travelers are willing to go the extra mile, with more than half of Gen Z travelers opting for plane travel and a...

NFL Hall of Famer Peyton Manning is stepping into a new role to help upcoming NFL Draft prospects prepare for the big night. In Nationwide's latest ad campaign titled "Draft Night Drills," Manning is using his experience as the 1998 NFL Draft #1 pick to guide draftees through various scenarios they may encounter.The campaign, which includes a 30-second commercial, showcases Manning coaching fictional prospects on essential aspects of Draft night, such as selecting the perfect outfit and mastering the art of embracing the commissioner. Reflecting on this initiative,...

AF Group has joined the Insurance Information Institute (Triple-I) as its most recent member. "AF Group is a driving force in the specialty solutions market, and the Triple-I is honored to have the support of such an important organization," said Sean Kevelighan, CEO, Triple-I.Lisa Corless, President and CEO of AF Group, emphasized the importance of the partnership, stating, "Among the biggest concerns for insurers today are rate adequacy, inflation, climate change and economic uncertainty." She added, "Aligning with the Triple-I is an ideal way to foster our unique...

New York - Morgan Stanley has announced a significant financial commitment to its Alliance for Children’s Mental Health, with a total funding of $50 million since its inception in 2020. The latest pledge of $20 million over the next five years aims to bolster the Alliance's efforts in delivering programming, research, and innovative solutions to support children's mental health.The Alliance has expanded its reach by welcoming two new members, the American Academy of Pediatrics and Sesame Workshop, to collaborate on enhancing mental health support for children. Ted Pick,...

The economic drivers of the U.S. property/casualty (P/C) insurance industry are showing promising growth, outpacing the nation's Gross Domestic Product (GDP) and poised to accelerate even more with potential Federal Reserve monetary rate cuts. According to Michel Léonard, chief economist and data scientist at the Insurance Information Institute (Triple-I), "Triple-I forecasts P&C underlying growth to increase to 3.4% in 2024, 1.2% above the Fed’s GDP forecast of 2.2%."Léonard further stated, "Triple-I expects P&C underlying growth to continue outperforming overall GDP...

Nationwide, a company deeply rooted in agricultural history, has announced a significant achievement in its longstanding partnership with the Ohio Farm Bureau. The company has taken on the responsibility for Ohio Farm Bureau's defined benefit plan retirees through a pension risk transfer (PRT) transaction.According to Adam Sharp, the executive vice president of Ohio Farm Bureau, Nationwide's shared values with the organization and its track record of strength and stability made them the ideal choice for this partnership. Sharp stated, "Nationwide is a company with a deep...

Wesley vividly recalls the intense moment when a fire threatened his family's Montana farm in July 2022. Describing the swift action taken by his father-in-law, Wesley narrates, "Suddenly, my father-in-law saw flames in the field behind him. Without hesitation, he dumped the hay from the baler and turned the tractor around to fight the blaze."Amidst the chaos, the Enforcer 10 played a crucial role in extinguishing the fire. Wesley explains, "He rushed to the front of the tractor, activated the Enforcer 10, and within seconds, the fire on the baler was out." This...

Nationwide's annual Wacky Pet Names campaign is in full swing, inviting pet owners to vote for the most creative and clever pet names among the recently enrolled pets. The voting period for the wackiest dog, cat, and exotic pet names is open from April 9 to April 12, 2024, at petinsurance.com/wackypetnames.Among the nominees for this year's wacky pet names are a diverse range of animals, including dogs, cats, a Macaw, guinea pig, snake, tortoise, mini pig, tegu lizard, ferrets, and rabbits. The winners in each category will be revealed on Wednesday, April 17, 2024.Some...

NEW YORK, April 8, 2024—U.S. insurers paid out $1.12 billion in dog-related injury claims in 2023 according to the Insurance Information Institute (Triple-I) and State Farm.Janet Ruiz, director of strategic communications at the Triple-I, highlighted that the number of dog bite and related injury claims in 2023 was 19,062, with a total cost of $1.12 billion. She emphasized the importance of education and training for owners and pets to ensure safety and health.State Farm, as the largest property insurer in the country, is dedicated to educating people on pet owner...

Apr 5 2024Nationwide has released its 2023 Corporate Sustainability Report, emphasizing its dedication to sustainability across various aspects of its operations. The report showcases the company's progress in key areas such as Communities and Giving, Diversity, Equity and Inclusion, Environmental Sustainability, and Ethics and Governance.Mark Howard, Nationwide's Chief Legal Officer, expressed the company's commitment to its mission, stating, "Nationwide has evolved significantly over the decades, broadening solutions and services while remaining committed to its...

WASHINGTON, D.C. (April 4, 2024)—Despite ominous overseas news, a pop in domestic gasoline demand, and oil prices rising to the mid-$80s per barrel, the national average for a gallon of gas climbed just three pennies to $3.56 since last week.“Renewed Ukrainian attacks on Russia’s oil infrastructure and increasing tension in the Middle East spiked oil prices recently,” said Andrew Gross, AAA spokesperson. “And with the cost of oil accounting for roughly 60% of what we pay at the pump, there will likely be some upward pressure on prices.”For the complete report, including...

Nationwide has been recognized on Fortune’s 100 Best Companies to Work For list for the tenth year in a row, securing the 21st spot in 2024. The annual list serves as a national benchmark for companies that excel in performance and provide exceptional employee experiences.Nationwide's CEO, Kirt Walker, attributes the company's continued success on the list to its inclusive culture, commitment to employee upskilling, and flexible work environment. Walker emphasized, "Our caring culture allows us to deliver on our mission, while also extending that care to the communities...

AAA has announced the winners of the 2024 Car Guide, with electric vehicles dominating the rankings. Megan McKernan, the Automotive Research Center manager at AAA, highlighted the popularity of SUVs among consumers, stating, “SUVs are a popular choice since they are a great option for families and offer loads of additional compartments for storage.”The 2023 Mercedes-Benz EQS 580 4MATIC SUV emerged as the overall top scorer, best large SUV, and best car over $60k. McKernan praised the Mercedes-Benz for its comfortable ride, quiet cabin, and excellent headlight coverage....

ST. JOHNS, Fla., April 4, 2024 -- A very active tropical cyclone season is projected for 2024 in the Atlantic basin, according to a forecast released today by Colorado State University’s (CSU) Department of Atmospheric Science.Led by senior research scientist Phil Klotzbach, Ph.D., also a non-resident scholar at the Insurance Information Institute (Triple-I), the CSU Tropical Meteorology Project forecasts 23 named storms, 11 hurricanes and five major hurricanes during the 2024 season, which starts on June 1 and continues through Nov. 30. A typical Atlantic season has 14...

Montreal - Morgan Stanley hosted the 2024 Montreal Code to Give Hackathon, where university students developed innovative technology solutions for nonprofits Le Chaînon and the Quebec Coalition of Orphan Diseases. The winning projects will now be further developed by Morgan Stanley technologists through the Technology Changemakers program.Madeline Hutchinson, Global Head of Technology Philanthropy at Morgan Stanley, expressed excitement about the prototypes developed during the hackathon. She stated, "Code to Give provides the next generation of technologists with a...