October 01, 2012
Nationwide Statement Regarding American Legislative Exchange Council (ALEC)
Nationwide issued the following statement today regarding recent media reports focusing on the American Legislative Exchange Council (ALEC):
More than a decade ago, Nationwide made the business decision not to continue its relationship with the American Legislative Exchange Council (ALEC), which includes providing any monetary donations or membership fees. Nationwide values its partnerships and membership associations and determined that this relationship did not serve the best interests of our customers and stakeholders. As a mutual company, we exist to serve our customers, and it's important to us to be involved in the communities we serve while supporting the organizations that share our mission of improving quality of life and protecting what matters most.
Nationwide, based in Columbus, Ohio, is one of the largest and strongest diversified insurance and financial services organizations in the U.S. and is rated A+ by A.M. Best. The company provides a full range of personalized insurance and financial services, including car insurance, motorcycle, boat, homeowners, life insurance, farm, commercial insurance, administrative services, annuities, mortgages, mutual funds, pensions, long-term savings plans and health and productivity services. For more information, visit www.nationwide.com.