NATIONWIDE STATEMENT REGARDING CONCERNS ABOUT HYDRAULIC FRACTURING

"Nationwide's personal and commercial lines insurance policies were not designed to provide coverage for any fracking-related risks. Insurance works when a carrier can accurately price the coverage to match the risks. When information and claims experience are not available to fully understand the scope of a given risk, carriers aren’t able to price protection that would be fair to both the customer and the company ... From an underwriting standpoint, we do not have a comfort level with the unique risks associated with the fracking process to provide coverage at a reasonable price."

Stellungnahme von Nationwide Mutual Insurance Company über den Ausschluß der Versicherungsdeckung von Schäden durch hydraulisches Fracking aufgrund der Unmöglichkeit, die damit verbundenen Risiken richtig einschätzen zu können. Erschienen auf Nationwide.com (13. Juli 2012).