What type of insurance company is a mutual?
A mutual insurance company is an insurer that provides collective self-insurance to its Members. It has no shareholders and is owned and controlled by its Members.
Is Allstate a stock or mutual company?
2 Allstate, based in Northbrook, is a stock company, owned by public shareholders.
Who is the largest mutual insurance company?
In the simplest terms, it means the policyholders mutually own the company. When you purchase a policy from a mutual medical professional liability insurance company, you receive an ownership stake in that company, just as you do when you buy stock or invest in a mutual fund.
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[PDF] 2019 - the mutual factor - NAMIC
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[PDF] Mutual insurance in the 21st century: back to the future?
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