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It commenced business on April 30, 1942. Residence Mutual Insurance Company was founded in 1949. On June 27, 1973, amended articles of incorporation changed the form of operation to that of a general mutual insurance company with multiple line authority and the present title of Western Mutual was adopted.
West Bend Mutual Insurance Company was founded in the city in 1894 [52] and West Bend Savings Bank (now Westbury Bank) in 1926. [53] The West Bend Aluminum Company (later the West Bend Company ) was founded in 1911 by Bernhard C. Ziegler, [ 54 ] and remained in West Bend until 2003.
The West Bend Company was a West Bend, Wisconsin, company from 1911 to 2001. The West Bend Company manufactured aluminum cookware and electrical appliances, but also made two-stroke cycle engines, including outboard boat motors. Art Ingels used a surplus West Bend engine to power the first kart.
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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In 1902, 18-year-old Bernhard C. "Ben" Ziegler had been selling fire insurance policies in West Bend, Wisconsin to supplement his income as an assistant for the county's treasurer and recorder of deeds. That year, an insurance agency owned by a friend of Ben's father ran into financial trouble which lead to Ben taking over it and acting as its ...
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This page was last edited on 3 December 2018, at 07:40 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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