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A mutual insurance company is an insurance company owned entirely by its policyholders.It is a form of consumers' co-operative.Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums.
Liberty Mutual was founded in 1912 as the Massachusetts Employees Insurance Association (MEIA), following the passage of a 1911 Massachusetts law requiring employers to protect their employees with workers’ compensation insurance. [14] The company was founded as a mutual company, a structure in which an insurance company is owned by its ...
Pages in category "Mutual insurance companies of the United States" The following 47 pages are in this category, out of 47 total. This list may not reflect recent changes .
Mutual of Omaha Insurance Company is an American Fortune 500 mutual insurance and financial services company based in Omaha, Nebraska. [1] Founded in 1909 as Mutual Benefit Health & Accident Association, Mutual of Omaha is a financial organization offering a variety of insurance and financial products for individuals, businesses and groups throughout the United States.
1927 Farmers Mutual Automobile Insurance Company was founded on Oct. 3 in Madison, Wis. [6] 1938 Both premiums and assets surpassed $1 million. 1957 Farmers Mutual began to offer sickness and accident insurance. 1958 Company introduced homeowners insurance and opened American Family Life Insurance Company. [6] 1959 Farmers Mutual entered the ...
Mutual of America Life Insurance Company is an American provider of retirement services and investments to employers, employees and individuals. Founded in 1945, the company provides products and services to help its customers build and preserve assets. [3] Mutual of America is a Fortune 1000 mutual company headquartered in Manhattan, New York ...
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