mutual holding company News

Jewelers Mutual Board OKs Plan to Transition to Mutual Holding Company

Jewelers Mutual Insurance Company’s board of directors has approved the insurer’s plan to become a mutual holding company, a process the company hopes to complete by Jan. 1, 2020. The plan was filed with the with the Wisconsin Office of …

American Family Insurance Seeks Change in Corporate Structure

American Family Mutual Insurance Co., headquartered in Madison, Wis., announced the filing of a plan to create a mutual holding company that it says would provide more flexibility to pursue customer-driven initiatives while preserving the company’s founding principle of policyholder …

Florida Blue Gets OK to Restructure Under Mutual Holding Company

Florida insurance regulators ruled Friday to allow health insurance giant Florida Blue, one of the state’s largest employers and political donors, to restructure itself under a not-for-profit mutual insurance holding company. But the Office of Insurance Regulation’s order prohibits Florida …