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Grinnell Mutual is the largest direct reinsurer of farm mutual companies in North America. With its member mutuals, it has over $210 billion of total reinsured value. [citation needed] The company has held an AM Best 'A' (Excellent) rating for financial strength since 1991. [1]
Grinnell (/ ɡ r ɪ ˈ n ɛ l / grin-EL) is a city in Poweshiek County, Iowa, United States.The population was 9,564 at the time of the 2020 census. [3] It is best known for being the home of Grinnell College, as well as being the location of the Merchants' National Bank building, designed by famous architect Louis Sullivan.
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.
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December 12, 1976. Union Depot, also known as the Grinnell Union Depot, is an historic building located in Grinnell, Iowa, United States. The Chicago, Rock Island & Pacific Railroad built the first tracks through the area in 1863, and they built a simple frame depot the same year. The Central Railroad of Iowa extended its north–south line to ...
The Farmers Mutual Reinsurance Company Building is a historic structure located in Grinnell, Iowa, United States. "The Iowa Farmers Mutual Reinsurance Association was the first statewide organization of its kind in the United States." [2] When it moved to Grinnell from Jefferson, Iowa in 1934 its name was changed to Farmers Mutual Reinsurance ...
On March 2, 1857 (167 years ago), Northwestern Mutual was founded as the Mutual Life Insurance Company of the State of Wisconsin. Originally located in Janesville, Wisconsin, the fledgling company relocated to Milwaukee in 1859. Shortly after, the company experienced its first two death claims, when an excursion train traveling from Fond du Lac ...