Nationwide has reported record financial results for 2025, entering its centennial year with total adjusted capital of $32.8 billion, the highest in its 100-year history. The insurer achieved $73.2 billion in sales and premiums, up 7% from 2024, marking its fifth consecutive year of record growth. Net operating income rose 37% to $4.3 billion, driven by strong underwriting and investment performance across its diversified portfolio. The company paid more than $20.2 billion in claims and benefits to members. Key 2025 achievements included acquiring Allstate Benefits' group health business to expand employer stop-loss insurance offerings and announcing a $1.5 billion technology investment through 2028, with $100 million annually dedicated to AI advancement. The Nationwide Foundation contributed over $41 million to nonprofit organisations.

Sacramento based startup focused on turning 401(k) balances into retirement paychecks raised $19m in Series A funding led by Rebalance Capital and Natio...

New strategic investors include Woven Capital and NVIDIA Tel-Aviv, Israel and Sunnyvale, CA., May 2, 2023 – Foretellix, the leading provider of safety-driven verification and validation solutions for Automated Driving Systems and Advanced Driver Assistance Systems (ADAS), announced today it has raised $43 million in the first closing of its Series C funding round led […]