National Geographic : 1929 Jul
"For the Mutual Good of all" -- Benjamin ?ranklin, in 1752 S. And 177 years have proved the inherent soundness .of this business principle T HE courthouse at Philadelphia, i) - March 25 th, 1752! Benjamin Bl*-; Franklin is outlining his plan for the i first insurance company in America. The company founded that day ~/ -a quarter of a century before the signing of the Declaration of Inde pendence-was a mutual company. s Later-in 17 9 5-John Marshall and Thomas Jefferson recognizing - the soundness of mutual principles, adopted them in founding the first insurance company in Virginia. They have endured without change Sfor almost two centuries. Over 80o% of all life insurance Today is carried in mutual companies SA tfr ome and in the field of casualty insurance - o leading corporations and hundreds of thousands of individuals are enjoy SA ing mutual protection and service and at a considerable saving in cost. /CA worth-while booklet on mutual MUtUAL POTECTION IS AVAIcasualty insurance will be sent on MUTUAL PROTECTION IS AVAILABLE FOR THESE CASUALTY RISKS: request. No solicitation will follow. Accident and Health Liability (allJorms) Address Mutual Insurance, Room automobile (allfrms) Plate Glass 2200, 8 North Michigan Ave., S Burglauland o.heftProperty Camage 20, 80 o Michigan Ave., Workmen's Compensation Fidelity Chicago, Illinois. MUTUAL CASUALTY INSURANCE These Old Line Legal Reserve Companies Are Members of NATIONAL ASSOCIATION OF MUTUAL CASUALTY COMPANIES and AMERICAN MUTUAL ALLIANCE Allied Mutuals Liability Insurance Co., New York City; American Mutual Liability Insurance Co., Boston, Mass.; Builders Mutual Casualty Co., Madison, Wis.; Central Mutual Casualty Co , Kansas City, Mo.; Employers Mutual Casualty Co., Des Moines, la.; Employers Mutual Liability Insurance Co., Wausau, Wis.; Exchange Mutual Indemnity Insurance Co., Buffalo, N. 7.; Federal Mutual Liability Insurance Co., Boston, Mass.; Hardware Mutual Casualty Co., Stevens Point, Wis.; Interboro Mutual Indemnity Insurance Co., New York City; Jamestown Mutual Insurance Co., Jamestown, N. Y .; Liberty Mutual Insurance Co., Boston, Mass.; Lumbermens Mutual Casualty Co., Chicago, Ill.; (American) Lumbermens Mutual Casualty Co. of Illinois, New York Cite; Merchants Mutual Casualty Co., Buffalo, N. Y.; Michigan Mutual Liability Co: Detroit, Mich.; Mutual Casualty Insurance Co., New York City; Texas Employers Insurance Association, Dallas,Tex.; U.S.Mutual Liability Insurance Co.,~uincy, Mass.; Utica Mutual Insurance Co., Utica, N. Y .