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A Nationwide Company

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Company History
 

The Victoria Insurance Group ("Victoria") consists of five property/casualty insurance companies: Victoria Fire & Casualty Company, Victoria Automobile Insurance Company, Victoria National Insurance Company, Victoria Specialty Insurance Company and Victoria Select Insurance Company.

Company Name State of Domicile NAIC Number Address
Victoria Fire & Casualty Company OH 42889 22901 Millcreek Blvd. Cleveland, OH  44122-5728
Victoria Automobile Insurance Company IN 10644 22901 Millcreek Blvd. Cleveland, OH  44122-5728
Victoria National Insurance Company OH 10778 22901 Millcreek Blvd. Cleveland, OH  44122-5728
Victoria Specialty Insurance Company OH 10777 22901 Millcreek Blvd. Cleveland, OH  44122-5728
Victoria Select Insurance Company OH 10105 22901 Millcreek Blvd. Cleveland, OH  44122-5728

From its inception, Victoria was principally engaged in the sale of credit-related insurance policies. Victoria operated in an entrepreneurial environment until 1983 when it became a public stock company. In 1985, Victoria developed its Nonstandard Automobile Insurance Division and began writing nonstandard automobile insurance in the state of Ohio in January 1986. Victoria is currently in twenty-six states: Alabama, Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Mississippi, Missouri, New Mexico, Nevada, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Washington and Wisconsin. It is authorized to underwrite insurance in an additional thirteen states and the District of Columbia. 

Victoria has continued to expand and fine tune its operations under several parent companies. On May 22, 1995, Victoria was acquired by USF&G Corporation and became a wholly-owned subsidiary of USF&G. Then on April 24, 1998, the St. Paul Companies, Inc., a Minnesota corporation, and USF&G completed a merger whereby Victoria became a wholly-owned subsidiary of St. Paul. On May 1, 2000, Victoria was purchased by Prudential Property and Casualty Insurance Company ("PRUPAC"). 

On August 1, 2003, Victoria was purchased by Nationwide Mutual Insurance Company and now has Nationwide Mutual Insurance Company as its parent company.

A brief timeline of Victoria's entry into the Nonstandard Automobile Insurance markets: 

1986 Initiated NSA Private Passenger Auto Insurance in Ohio. 
1988 NSA Private Passenger in Iowa and Indiana. 
1989 NSA Private Passenger in Tennessee and Arizona. 
1991 NSA Private Passenger in Illinois and Virginia. 
1992 NSA Private Passenger in Alabama and Florida. 
1994 NSA Private Passenger in Mississippi. 
1995 USF&G acquires Victoria. 
1996 NSA Private Passenger in Pennsylvania, New York and Georgia. 
1997 NSA Private Passenger in Connecticut. Also initiated business in the Commercial Nonstandard Auto Market in Ohio, Virginia, Indiana and Wisconsin. 
1998 NSA Private Passenger in Missouri. St. Paul acquires USF&G. Also Commercial Nonstandard Auto Market initiated in Georgia. 
2000 Victoria is a Prudential Financial Company. 
2001 NSA Private Passenger in Colorado.
2003 Victoria is a Nationwide Mutual Insurance Company.
2004 NSA Private Passenger in California

 
Victoria is authorized to transact business in 39 states: Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Maryland, Massachusetts, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, New York, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Texas, Tennessee, Utah, Virginia, Washington, West Virginia, Wisconsin, Wyoming and the District of Columbia. VICTORIA INSURANCE is a registered mark of Victoria Financial Corporation, Delaware, and its affiliates
 
" A Nationwide Company ".

History[edit]

Beginnings as Farm Bureau Mutual[edit]

On December 17, 1925, the Ohio Farm Bureau Federation incorporated the Farm Bureau Mutual Automobile Insurance Company in Columbus, Ohio.[3] At that time, Ohio law required 100 people to pledge to become policyholders. The first agents managed to recruit ten times that number, and on April 12, 1926, Farm Bureau Mutual started business with 1,000 policyholders.

The first product of the new company, as its name implied, was automobile insurance. The company wrote policies only to Ohio farmers. In 1928, Farm Bureau Mutual began offering policies to West Virginia farmers, followed by MarylandDelawareVermont, andNorth Carolina. Farm Bureau Mutual began underwriting residents of small towns in 1931, and residents in larger cities in 1934.

Expansion[edit]

 
Nationwide sign outside of One Nationwide Plaza.

Also in 1934, Farm Bureau Mutual began offering fire insurance. This product grew the following year with the purchase of a struggling fire insurance company. With growth came a need for expansion of office space. In 1936, the company moved to the famous 246 Building at 246 N. High Street in Columbus. By 1943, Farm Bureau Mutual operated in 12 states and the District of Columbia. Even with the tripling of space in the 246 Building (which was finally dedicated on the 25th anniversary of the company), Farm Bureau Mutual still had insufficient office space, and began opening regional offices in 1951.

In 1955, Farm Bureau Mutual changed its name to Nationwide Insurance, a name by which it is commonly known today. In the 10 years that followed, Nationwide expanded into Oregon, making the company truly "nationwide". It also expanded into 19 other states, bringing the total by 1965 to 32 states and the District of Columbia.

Nationwide outgrew the 246 Building by the 1970s and work began on a new skyscraper headquarters for the company. In 1978, One Nationwide Plaza was completed at the southwest corner of N. High Street and Nationwide Blvd. on the northern edge of downtown Columbus, Ohio. Since 1988, Nationwide has added the following to its presence in Downtown Columbus: Plaza Two (on the northeast corner of High Street and Chestnut), Plaza Three (just west of High Street and Chestnut), Plaza Four (Front Street), and 275 Marconi (behind Plazas One and Three on Marconi Blvd) which together with Plaza One form the primary downtown complex. In addition to downtown Columbus, Nationwide also has a significant presence in the Columbus, Ohio metropolitan suburbs of Dublin and Grove City.

 
Previous logo used until September 2014

Nationwide currently has approximately 31,000 employees,[4] and is ranked #91 in the most recent Fortune 500.[5] Nationwide is currently ranked #95 in Fortune's "100 Best Companies to Work For".[6]

 

 

The Companies[edit]

Nationwide is one of the largest insurance and financial services companies in the world, focusing on domestic property and casualty insurance, life insurance and retirement savings, asset management, and strategic investments.

The Nationwide family includes:

Property and Casualty

Nationwide

  • Atlantic Floridian Insurance Company
  • Colonial County Mutual Insurance Company
  • Crestbrook Insurance Company[10]
  • Lone Star General Agency
  • Nationwide Affinity Insurance Company of America
  • Nationwide Assurance Company
  • Nationwide Corporation
  • Nationwide Exclusive Agent Risk Purchasing Group
  • Nationwide General Insurance Company
  • Nationwide Indemnity Company
  • Nationwide Insurance Company of Florida
  • Nationwide International Underwriters
  • Nationwide Lloyds
  • Nationwide Mutual Fire Insurance Company
  • Nationwide Mutual Insurance Company
  • Nationwide Property and Casualty Insurance company
  • Retention Alternatives Ltd.
  • Veterinary Pet Insurance Company
  • Whitehall Holdings, Inc.
  • WI of Florida, Inc.

Titan

  • THI Holdings (Delaware), Inc.
  • Titan Auto Insurance of New Mexico, Inc.
  • Titan Indemnity Company
  • Titan Insurance Company
  • Titan Insurance Services, Inc.

Victoria

  • Victoria Automobile Insurance Company
  • Victoria Fire & Casualty Company
  • Victoria National Insurance Company
  • Victoria Select Insurance Company
  • Victoria Specialty Insurance Company

Allied

  • Allied General Agency Company
  • Allied Group, Inc.
  • Allied Property and Casualty Insurance Company
  • Allied Texas Agency, Inc.
  • AMCO Insurance Company
  • Cal-Ag Insurance Services, Inc.
  • CalFarm Insurance Agency
  • Depositors Insurance Company
  • Nationwide Document Solutions, Inc.
  • Nationwide Insurance Company of America
  • Nationwide Sales Solutions, Inc.
  • Premier Agency, Inc.