Over the last 80 years Nationwide has gone from a small auto insurer for Ohio farmers, to one of the largest insurance and financial services companies in the world with more than $157 billion in statutory assets.
The Early Years
1925 – The Ohio Farm Bureau Federation incorporates the Farm Bureau Mutual Automobile Insurance Company with the goal of providing quality auto insurance at low rates for rural drivers in Ohio.
1926 – The first policy is sold, and The Ohio Farm Bureau Federation is open for business.
1928 – With help from locally based “sponsoring” organizations, Farm Bureau Mutual begins expanding into other states. These include West Virginia, Maryland, Delaware, Vermont, and North Carolina.
1934 – The company starts insuring motorists in metropolitan areas and through the purchase of a fire insurance company, begins writing property insurance policies.
1943 – Farm Bureau Mutual operates in 12 states and the District of Columbia.
1955 — From 1943 on, the Farm Bureau Mutual expanded operations until it became clear that they had far outgrown their original goals…and their name. So, with a western expansion that included 20 additional states, the company changed its name to Nationwide InsuranceSM.
1978 — Nationwide completes its international headquarters One Nationwide Plaza. The 40-story structure is the largest single office building in Central Ohio.
1996 — Nationwide Financial goes public.
2000 — With a ground breaking in 1997, the Nationwide Arena opens providing a home to a National Hockey League franchise, the Columbus Blue Jackets.