National Geographic : 1929 Aug
Founded by... the Nation's Founders BENJAMIN FRANKLIN-Thomas Jefferson-John Marshall; these were the founders of mutual insur ance! .. . Perhaps something of the sterling character of these illustrious men Swas breathed into mutual insurance, for mutual management is noted for conservatism, and mutual corpora tions for stability, for paying losses promptly and fully, for rendering service ably and generously. . . In the field of life insurance, more than 90,000,000 policies issued by mutual companies of the United States give protection to their bene ficiaries, to the extent of more than 65 billion dollars-this is more than three-quarters of all the life insur ance written by all companies. 1803 mutual fire insurance com panies in the country have policies in force totaling 32 billion dollars. The twenty old line, legal reserve mutual casualty companies listed below have combined assets in ex MUTUAL PROTECTION IS AVAILABLE cess of 8 5 million dollars; are giving OFOR THESE CASUALTY RISKS: Accident and Health Liability (allforms protection to more than 5 ,turne Automobile (allforms) Plate Glass policyholders-and have returned Burglary and Theft Property Damage to policyholders in the form of divi Workmen's Compensation Fidelity dends over $ 00oo,ooo,ooo. Address Mutual Insurance, Room 2200, I80 North Michigan Avenue, Chicago, Ill. for worth-while booklet on mutual casualty in surance. 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, Ia.; Employers Mutual Liability Insurance Co., Wausau, Wis.; Exchange Mutual Indemnity Insurance Co., Buffalo, N. Y.; 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 City; Merchants Mutual Casualty Co., Buffalo, N. r.; 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.,:Zincy, Mass.; Utica Mutual Insurance Co., Utica, N. Y.