Nationwide to Leave New Jersey Insurance Market
Nationwide Mutual Insurance announces halt of auto fire and commercial policies in New Jersey after 25 years of losses. The Ohio firm cites a 5.2 million operating loss on 23 million in premiums for 1976 and seeks a 41 percent auto rate hike to break even, drawing criticism from State Insurance Commissioner Sheeran and Governor Byrne over rate requests and timing.
MENTIONED IN THIS ARTICLE
Trenton
N.J
Nationwide
New Jersey
New
Sheeran
Brendan T. Byrne
Byrne
Life and Group
John E. Fisher
Raymond Bateman
Kidnaping Suspect Heads To Arraignment In Sidney Case
A 22 year old Toledo man Douglas Miller was to be arraigned in Sidney Municipal Court on kidnapping charges after the 9 year old son of Sidney Tool and Die Corp. vice president John W. Sargeant was found unharmed. The boy Jeffrey Sargeant was abducted near Bowling Green State University and freed himself after a plastic bag was placed over his head. He called his father from a gas station as investigators recovered a ransom plan using shredded newspapers.
MENTIONED IN THIS ARTICLE
Sidney
Ohio
Toledo
Shelby County
John Lenhart
Douglas Miller
Miller
Bowling Green State University
Jeffrey Sargeant
John W. Sargeant
Sidney Tool and Die Corp
Sargeant
Jay
University of Toledo
Sheriff's Department
Jeffrey
Also Mentioned on This Page
Jersey
Wayne Watercutter
Michael Adler
Polaroid
Kodak
Nobother
Fay
A. Spe
Buckeye