Mutuals have capitalization and admittance requirements as do stock companies.
While farms were historically the backbones to most mutuals, the operation of farming has changed over the years.
Best assesses the state of the mutual
life marketplace, noting the bifurcation in the market between the remaining largest mutual
life companies and the smaller mutual
The select number of property/casualty insurers that have shed their mutual
status to form mutual
holding companies say it's a decision they don't regret.
fund investing involves risk; principal loss is possible.
Being acquired in a sponsored demutualization is a good option for solid mutuals
that have strong management, good books of business, a stable and growing geographic base, and good products and systems, but that feel it isn't possible to maintain all of this on a stand-alone basis.
Forging stronger communication and relationships with policyholders is only part of an effective communications strategy Mutuals
also must maintain and strengthen their regulatory relationships to ensure that those agencies are working with them and will back them in the tough times.
The VICEX ticker symbol will certainly simplify the process," said Brian Scheibmeir, Director of Information Technology at the MUTUALS
From 1990 through 1999, stock companies bettered mutuals
in average annual return on revenue, 3.
Change is expected to be particularly dramatic for large regional and specialty-line companies that were formed as mutuals
for a specific purpose.
When questioned about their increased role, Mark Sinclair, a long-time partner at Ernst & Young, added, "Ernst & Young has worked with MUTUALS
In a revolutionary step in the financial services industry, MUTUALS
The goal of the Mutual
Partnership Program is to provide smaller mutuals
access to greater resources.
He said the Bliley amendment would encourage mutuals
to move to states with the least-stringent regulation--a kind of "race to the bottom.
A new no-load mutual
fund, the Vice Fund, begins its first day of operations today, Sept.