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Nationwide Reports Decline In Profit

WCBE 90.5FM | By Jim Letizia
Published February 15, 2013 at 9:24 AM EST

Columbus-base Nationwide Insurance reports a major decline in fourth quarter profit.The firm says it made 18-million dollars for the quarter, compared with a 142 million dollar profit in the same period a year ago. Nationwide blames the decline on claims and other costs related to the effects of Hurricane Sandy.

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WCBE News Nationwide Insurance
Jim Letizia
Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.
See stories by Jim Letizia