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Western Mutual was incorporated under the laws of California on March 7, 1942, as a county mutual fire insurer with the title Coast Mutual Fire Insurance Company of Los Angeles County. It commenced business on April 30, 1942. Residence Mutual Insurance Company was founded in 1949.
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.
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.
You carry comprehensive insurance with a $500 deductible, so your insurance company would pay $6,500 toward the repairs and you would be responsible for the $500 deductible. Uninsured motorist ...
Auto insurance costs are up more than 22% since this time last year. It may be time to take that defensive driving course and bank the discount. Car insurance rates are nuts right now.
NAMIC is the largest and most diverse property/casualty trade association in the country, with 1,400 regional and local mutual insurance member companies serving more than 135 million auto, home, and business policyholders and writing in excess of $196 billion in annual premiums.
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