Nationwide CEO out in shake-up | The ...

Nationwide CEO out in shake-up | The Columbus Dispatch

There are 14 comments on the Columbus Dispatch story from Feb 20, 2009, titled Nationwide CEO out in shake-up | The Columbus Dispatch. In it, Columbus Dispatch reports that:

Jerry Jurgensen had led Nationwide, a major area employer, since 2000. The top executive at Nationwide has stepped down and been replaced by the president and chief operating officer, bringing abrupt change to one of the city's largest employers.

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greg

United States

#1 Oct 23, 2010
Nationwide is targeting their advertising at an audience that historically does not buy car insurance.
greg

United States

#2 Oct 23, 2010
....and then after receiving millions in pay and benefits, they wonder why the company fails....
greg

United States

#3 Oct 23, 2010
its so funny, you'd think they were taking lessons from government officials on how to operate the company.
Enzyte Bob

Columbus, OH

#4 Oct 23, 2010
greg wrote:
Nationwide is targeting their advertising at an audience that historically does not buy car insurance.
It's funny because they really used to have great feel-good commercials in the 1970's that had a very big-company feel to them, similar to State Farm's commercials. Now their commercials have a Safe Auto feel to them and feel like they come from the discount barn.

Plus, that logo. That stupid, freaking logo. They needed to update the old logo, that's for sure, but a stupid freaking box? Pathetic.

“Queen of my domain”

Since: May 10

Location hidden

#5 Oct 23, 2010
Enzyte Bob wrote:
<quoted text>
It's funny because they really used to have great feel-good commercials in the 1970's that had a very big-company feel to them, similar to State Farm's commercials. Now their commercials have a Safe Auto feel to them and feel like they come from the discount barn.
Plus, that logo. That stupid, freaking logo. They needed to update the old logo, that's for sure, but a stupid freaking box? Pathetic.
It's where the market is. If folks are unemployed, need to cut corners somewhere. I had the same impression. Sort of like The General--call 1-800-XXX-XXXX. You have no agent to call, need to dial some 800 number to get service or submit a claim and go through miles of red tape. One of my kids had one of those insurance policies when moving out on their own. Learned her lesson right quick after losing a bumper in a snow storm (lost control, hit a utility pole).
It'll be a cold day in h3!! before I purchase insurance like that only to be dumped when I have an accident.
Sid

Galloway, OH

#6 Oct 23, 2010
He's taking the money and perks and hi tailing it out of town.
Enzyte Bob

Columbus, OH

#7 Oct 23, 2010
gokeefe wrote:
<quoted text>
It's where the market is. If folks are unemployed, need to cut corners somewhere. I had the same impression. Sort of like The General--call 1-800-XXX-XXXX. You have no agent to call, need to dial some 800 number to get service or submit a claim and go through miles of red tape. One of my kids had one of those insurance policies when moving out on their own. Learned her lesson right quick after losing a bumper in a snow storm (lost control, hit a utility pole).
It'll be a cold day in h3!! before I purchase insurance like that only to be dumped when I have an accident.
Well, the commercials aren't cutting it. Even in a bad economy, Nordstrom doesn't cheapen itself and Nationwide shouldn't, either. I do understand wanting to appeal to a different customer, however. They should come up with different branding for the 1-800 customer. Personally, I've never done business with them because they were always the highest cost insurer. I've been insured with Grange for many years, but they have also gotten costly. I switched to Liberty Mutual and my premiums are about half.

“Queen of my domain”

Since: May 10

Location hidden

#8 Oct 23, 2010
Enzyte Bob wrote:
<quoted text>
Well, the commercials aren't cutting it. Even in a bad economy, Nordstrom doesn't cheapen itself and Nationwide shouldn't, either. I do understand wanting to appeal to a different customer, however. They should come up with different branding for the 1-800 customer. Personally, I've never done business with them because they were always the highest cost insurer. I've been insured with Grange for many years, but they have also gotten costly. I switched to Liberty Mutual and my premiums are about half.
Agreed. It just seems as if Nationwide is trying to change to a larger market, just doesn't make sense to me. Can't make much of a profit off of these low-cost, high-risk customers.

I've been with Grange in the past. Am with American Family now and have been happy with their service and rates.
Ramsay

Raleigh, NC

#9 Oct 24, 2010
I gave up on Nationwide and went to State Farm, back in '08 when they started raising their damn auto ins rates for absolutely no good reason, and, notably, when 'other' insurers were actually REFUNDING their insureds for declining insure costs.

No one cares about nerdy "Nationwide Pam". The worst of the worst.

Nasty people.
Enzyte Bob

Columbus, OH

#10 Oct 24, 2010
Ramsay wrote:
I gave up on Nationwide and went to State Farm, back in '08 when they started raising their damn auto ins rates for absolutely no good reason, and, notably, when 'other' insurers were actually REFUNDING their insureds for declining insure costs.
No one cares about nerdy "Nationwide Pam". The worst of the worst.
Nasty people.
My dad was with State Farm for many years and they started jacking their rates. He found that Liberty Mutual was significantly cheaper and told me about them. I went from about $1000 a year with Grange to $585 a year with Liberty Mutual for my house, and about $1100 a year to about $600 a year for my car.

Mind you, it's been awhile since I've had a claim on the house and my driving record is pretty good. I like the idea of sticking with a local company, but not when the rates are so much higher.

“Queen of my domain”

Since: May 10

Location hidden

#11 Oct 24, 2010
Enzyte Bob wrote:
<quoted text>
My dad was with State Farm for many years and they started jacking their rates. He found that Liberty Mutual was significantly cheaper and told me about them. I went from about $1000 a year with Grange to $585 a year with Liberty Mutual for my house, and about $1100 a year to about $600 a year for my car.
Mind you, it's been awhile since I've had a claim on the house and my driving record is pretty good. I like the idea of sticking with a local company, but not when the rates are so much higher.
Also realize, the older you get, the lower your driving premiums go down. Hit that magic 45 or 50 and they are sliced if you have a decent driving record.

Since: Sep 10

Location hidden

#12 Oct 24, 2010
gokeefe wrote:
<quoted text>
Also realize, the older you get, the lower your driving premiums go down. Hit that magic 45 or 50 and they are sliced if you have a decent driving record.
Not if your credit isn't great. You are considered a risk, despite the fact that you have 0 points and 0 accidents.

“Queen of my domain”

Since: May 10

Location hidden

#13 Oct 24, 2010
Nickled Dimed wrote:
<quoted text>
Not if your credit isn't great. You are considered a risk, despite the fact that you have 0 points and 0 accidents.
True. And the problem is only growing worse I would suspect with this economy.
Ramsay

Raleigh, NC

#14 Oct 25, 2010
Enzyte Bob wrote:
<quoted text>
My dad was with State Farm for many years and they started jacking their rates. He found that Liberty Mutual was significantly cheaper and told me about them. I went from about $1000 a year with Grange to $585 a year with Liberty Mutual for my house, and about $1100 a year to about $600 a year for my car.
Mind you, it's been awhile since I've had a claim on the house and my driving record is pretty good. I like the idea of sticking with a local company, but not when the rates are so much higher.
Truth be told, the transition to State Farm was short lived. Eventually went to an unbelievably great multi-coverage policy with-Travelers. Allowed me to bundle Home,Auto etc...into a fantastic rate plan. Nearing the fiftieth B-day, helped.~sigh~

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