Sentences with phrase «owned by the policyholders»

Mutual insurance companies don't have shareholders and are, in essence, owned by their policyholders.
Mutual life insurance companies are owned by their policyholders so, if the insurer brings in more money than is spent, the profits are distributed as dividends.
Mutual insurance companies don't have shareholders and are, in essence, owned by their policyholders.
Mutual insurance companies are owned by policyholders, rather than shareholders, as is the case with publicly traded companies.
All were originally structured as mutuals, or cooperatives owned by policyholders, and all converted or plan to convert to companies that issue stock sold to investors.
Mutual insurers are owned by their policyholders, so profits are redistributed as dividends annually.
As a mutual company, Northwestern Mutual is owned by its policyholders, some of whom are eligible to share in annual dividends when the company does well.
MassMutual is also a mutual life insurance company, meaning it's owned by its policyholders and the company has consistently distributed dividends to those with whole life insurance policies for over 150 years.
A mutual insurance company is owned by its policyholders and the company boasts to its customers that they are part owners and that their say matters.
7) As I suggested regarding ACA Capital Holdings, they ended up owned by their policyholders, who get an equitable interest in the assets of the company, though not enough to settle their claims.
1929 — Oregon Life becomes a mutual company, owned by its policyholders.
A mutual insurance company is owned by the policyholders and has no shareholders.
A mutual insurance company is owned by the policyholders.
Demutualization is the process of converting a mutual life insurance company, owned by its policyholders, to a publicly traded stock company owned by shareholders, pursuant to a plan of conversion approved by government regulators.
Nationwide began as a small mutual auto insurer owned by policyholders in 1925.
This means that the insurer is owned by its policyholders.
As a mutual life insurance company, Northwestern Mutual is owned by its policyholders only.
As a mutual insurance company, New York Life is owned by its policyholders, rather than shareholders.
As mutual life insurance company, OneAmerica and its companies are owned by the policyholders, not stockholders.
Finally, we should also note that some insurance companies will pay dividends depending on whether they are owned by the policyholders or not.
This insurer is a mutual insurance company, which means that it is essentially owned by its policyholders.
Nationwide Insurance began as a small mutual auto insurance company owned by policyholders.
The mutual company (owned by its policyholders) offers coverage through several subsidiaries.
Being a mutual company (like Guardian or MassMutual) means Assurity is owned by their policyholders, so corporate goals and strategies should benefit those policy owners.
Wawanesa is a Canadian mutual company owned by its policyholders.
As a mutual insurance company, SBLI is essentially owned by its policyholders — and because of that, policyholders may be eligible to receive dividends.
The policy also covers injuries that occur at secondary residences or seasonal homes, within recreational vehicles, on the premises of rental properties, or on a boat or watercraft owned by the policyholder.
Mutual insurance companies don't have shareholders and are, in essence, owned by their policyholders.
Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange (Exchanges) are inter-insurance exchanges owned by their policyholders and organized under the laws of the State of California.
The company remained a mutual company, meaning it was owned by its policyholders for more than 160 years before demutualizing in 2002 in an attempt to add a more competitive structure in which the company could operate and grow.
Nebraska - based Mutual of Omaha, a mutual company owned by its policyholders, offers insurance, banking and mutual funds to individuals, groups and businesses.
As a mutual company, Northwestern Mutual is owned by its policyholders, some of whom are eligible to share in annual dividends when the company does well.
George W. Rice founded the company in 1851 as a mutual company, or one that is owned by its policyholders.
A mutual company is one that is owned by its policyholders, not stockholders.
The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange) owned by their policyholders, and together with their subsidiaries and affiliates comprise the Farmers Insurance Group of Companies.
The Farmers Insurance Exchange, Fire Insurance Exchange, and Truck Exchange are inter-insurance exchanges that are owned by their policyholders, and are organized under the laws of the State of California.
The Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange are California inter-insurance exchanges owned by their policyholders.
It is owned by its policyholders and is based out of Bloomington, Illinois.
In its earliest years, Prudential was a mutual life insurance company, owned by its policyholders, but has since modified its structure to be held by stockholders.
A mutual insurance company is owned by its policyholders.
Over the last 85 years, Nationwide has grown from a small mutual auto insurer owned by policyholders to one of the largest insurance and financial services companies in the world, with more than $ 158 billion in statutory assets.
This insurer is a mutual insurance carrier, which means that it is essentially owned by the policyholders that it serves.
As a mutual insurance company, Amica is owned by the policyholders.
Mutual life insurance companies are owned by the policyholders and dividends are generally paid to the the policy holders on profits the company makes which can increase the value of the permanent policy; however, stock based life insurance companies (e.g. Allstate) pay these dividends to their share holders instead.
Mutual companies are actually owned by the policyholders who are considered shareholders and can receive dividend payment distributions and may not be penalized by an increase in premium due to losses.
Mutual insurance companies are owned by the policyholder and stock companies are owned by the stock holders.
A mutual insurance company that is owned by its policyholders must make decisions in the best interest of the policyholders.
Demutualization: The conversion of insurance companies from mutual companies owned by their policyholders into publicly - traded stock companies.
A mutual insurance company is one that is owned by the policyholders.
A mutual insurance company is owned by the policyholders and has no shareholders.
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