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"Reaching $100 billion in assets, along with exceeding our goals for revenues and policies-in-force, reflect the talent, tireless efforts, creativity and commitment of our employees and agents who are dedicated to serving our customers," he said. In 1998, revenues grew to $25.3 billion -- an increase of 11% compared with 1997 results -- and policies-in-force reached 16.1 million, an increase of two million policies since 1997.

"The independent agents and the former Countrywide employees have been overwhelmingly positive about the acquisition," Crabtree said. "They understand the growth potential, the benefits of scale that come with being part of a large organization such as Nationwide, and our commitment to this distribution system."

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