Nationwide Shakes Off Agents' 2nd Benefit Suit Attempt

Law360, New York (May 2, 2012, 5:02 PM EDT) -- Nationwide Mutual Insurance Co. on Monday once again fended off a Pennsylvania federal lawsuit brought by an insurance agents' association that claimed the insurer altered agents' contracts in an attempt to unfairly coerce them into signing away deferred compensation benefits.

U.S. District Judge Mary McLaughlin dismissed the amended lawsuit with prejudice, again citing lack of standing based on Nationwide Insurance Independent Contractors Association Inc.'s failure to name individual agents adversely affected by the contract changes.

“Because the plaintiffs were unable to remedy this deficiency and have...
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