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National Guardian Life Insurance Company (NGL) is an American insurance company located in Madison, Wisconsin. It was formed in 1909 and is an independent mutual life insurance company and is licensed to do business in 49 states and the District of Columbia. [1] In 2011 NGL received an A− (Excellent) rating from A.M. Best. [2]
TruStage Financial Group, Inc., formerly known as CUNA Mutual Group, / ˈ k juː n ə / is a mutual insurance company that provides financial services to cooperatives, credit unions, their members, and other customers worldwide. TruStage Financial Group sells commercial and consumer insurance and protection products.
Wisconsin Physicians Service Insurance Corporation (WPS Health Solutions) is a not-for-profit service insurance corporation based in Madison, Wisconsin.WPS offers health insurance plans for groups and individuals and benefit plan administration for businesses.
Connect (stylized as CONNECT, powered by American Family Insurance) is an insurance company located in Madison, Wisconsin. [2] Connect provides auto, home, condo, renters, umbrella (personal liability) and specialty products (through an in-house agency). [ 3 ]
American Family Insurance was founded on October 3, 1927, [5] when insurance salesman Herman Wittwer opened the doors of Farmers Mutual Insurance Company (not to be confused with the Farmers Insurance Group) in Madison, Wisconsin. At the time, the company's product was auto insurance and its target market was farmers.
In response to that difficulty in purchasing workers compensation insurance for themselves, a collection of farm threshing crews formed what is now Society Insurance as Wisconsin Brotherhood of Threshermen Insurance Company, Limited Mutual, on June 8, 1915, in Madison, Wisconsin. [4] The company moved to Fond du Lac, Wisconsin, in 1918.
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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.
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