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Brotherhood Mutual Insurance Company is an American insurance company primarily serving churches and related institutions (such as Christian schools, camps, colleges). They are the second largest U.S. provider of property and casualty insurance to Christian churches and related ministries. Their corporate headquarters is in Fort Wayne, Indiana. [1]
Church Mutual, the church’s insurance company, had dropped them. “This does not make sense,” Parks, the pastor of Ashford Community Church in Houston, recalls thinking at the time. Five ...
In 1973, its name was changed from Mississippi Hospital and Medical Service to Blue Cross & Blue Shield of Mississippi, Inc., which, in 1996, was converted from a non-profit membership corporation to a mutual insurance company, with the name again changed, to Blue Cross & Blue Shield of Mississippi, A Mutual Insurance Company. [36]
Thrivent Financial for Lutherans (marketing name Thrivent) (/ ˈ θ r aɪ v ɪ n t / THRYVE-int), is an American Fortune 500 [1] not-for-profit financial services organization headquartered in Minneapolis, Minnesota, and Appleton, Wisconsin, and founded by Lutherans.
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Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
Through CCIA, Catholic organisations access Catholic National Mutual Ltd.(CNM), the Catholic Church's own insurance company and primary insurer within the CCIA scheme. CNM, based in Guernsey, is a mutual wholly owned by its clients with any profit used for the benefit of its members. [2]
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.