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Farmers Insurance has more than 48,000 exclusive and independent agents and approximately 21,000 employees. Farmers is the trade name for three reciprocal exchanges, Farmers, Fire, and Truck, each managed by Farmers Group, Inc. as attorney-in-fact on behalf of their respective policyholders. [3]
Below is a list of milestones in the corporate history of American Family Mutual Insurance. 1927 Farmers Mutual Automobile Insurance Company was founded on Oct. 3 in Madison, Wis. [6] 1938 Both premiums and assets surpassed $1 million. 1957 Farmers Mutual began to offer sickness and accident insurance.
The company traces its history to the Great Depression in the 1930s, when the Iowa chapter of the Farm Bureau established Farm Bureau Mutual Insurance Company in 1939 to sell insurance to farmers. [3] Farm Bureau Life Insurance Company was founded as Iowa Life Insurance Company on October 30, 1944, and opened for business in 1945. [citation needed]
Launched by the Iowa Mutual Association in 1909 to provide reinsurance, Grinnell Mutual "may have been the first company of its kind for farmers in the nation," according to historian Jack Lufkin ...
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FM (formerly FM Global) is an American mutual insurance company based in Johnston, Rhode Island, United States, with offices worldwide, that specializes in loss prevention services primarily to large corporations throughout the world in the Highly Protected Risk (HPR) property insurance market sector.
At 72, Johnson hopes to retire soon. Jackson, 75, said his last year of farming was in 1984, the year before he started working for the University of Tennessee's agricultural extension service.
The Tennessee bureau even looked to Kentucky as a shining example of how state legislation can be crafted to incentivize families to keep the family farm in operation. Much like Tennessee ...