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2010 - Medical Mutual selected to run the Ohio High Risk Pool by the Ohio Department of Insurance. [12] The program ended in March 2013. 2011 - Medical Mutual, for the third consecutive year, makes the InformationWeek 500 annual listing of the nation's most innovative users of business technology.
The name Ohio Mutual Insurance Group was registered with the Ohio Secretary of State in 2007. The company moved to its current headquarters, located at 1725 Hopley Avenue, Bucyrus, Ohio, in 1969. [8] On January 1, 2011, Ohio Mutual Insurance Group completed the acquisition of Casco Indemnity Company located in Saco, Maine. [9]
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The "mutual holding company" structure was first introduced in Iowa in 1995, and has spread since then. [5] There have been concerns that the mutual holding company conversion is disadvantageous for the owners of the company, the policyholders. [6] The major disadvantage of mutual insurance companies is the difficulty of raising capital. [7]
Ohio National continues to sell life insurance, disability insurance, and immediate annuities, and reaffirmed its commitment to the Latin American market. As a result of the change in strategy, Standard & Poor's lowered its rating from A+ to A, while Moody's reaffirmed its A1 rating and A.M. Best reaffirmed its A+ rating.
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Mutual is located at the intersection of State Routes 29 and 161. The nearest stream is Buck Creek, a tributary of the Mad River , which flows about 1 mile (1½ km) west of the community. It is located approximately midway between the city of Urbana (the county seat of Champaign County) and the village of Mechanicsburg .
MSIG headquarters in Tokyo, Japan. Mitsui Sumitomo Insurance Group Holdings, Inc. (三井住友海上グループホールディングス株式会社, Mitsui Sumitomo Kaijō Gurūpu Hōrudingusu Kabushiki-Kaisha) is a Japanese insurance holding company headquartered in Tokyo, Japan.