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April 1, 1947 – Preferred Risk Mutual Insurance Company was licensed to operate in Iowa. 1948 – A "merit reduction" plan was introduced, which was the first of its kind in the country. Policyholders received a 15 percent reduction in premium at their first annual renewal if they didn't file claims, with further reductions of 5 percent each ...
Merchants Insurance Group was founded on March 5, 1918, the day Merchants Mutual Liability Company opened for business with Urban F. Jehle as President. Mr. Jehle, owner and operator of a grocery store in Buffalo, returned from a grocers’ convention with the idea of bringing merchants together for the mutual protection of their delivery vehicles.
Country Financial (capitalized trademark COUNTRY Financial) is a group of US insurance and financial services companies with customers in 19 states. The group of companies offers a range of insurance and financial products and services, including auto, home, life, farm, commercial insurance, retirement planning, investment management and trust services.
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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.
Arizona Home Insurance Company has been writing direct homeowners, dwelling fire, earthquake, and allied lines insurance for preferred homeowners in the state of Arizona for more than 30 years. While the company is part of the Western Mutual Insurance Group, Arizona Home Insurance writes only in Arizona, with an office in Scottsdale and claims ...
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By 2006, it had partnered with the Nationwide Mutual Insurance Company. [2] In 2011, it partnered with TIAA–CREF. [2] By 2008, its annual sales had grown by 75%, up to US$2 billion. [5] In 2014, the company established the M Center of Excellence at The American College of Financial Services, in partnership with the USC Davis School of ...