Mutual Companies

Some articles on mutual, companies:

Mutual Organizations - Background
... The primary form of financial business set up as a mutual company in the United States has been mutual insurance ... Some insurance companies are set up as stock companies and then mutualized, their ownership passing to their policy owners ... In mutual insurance companies, what would have been profits are instead rebated to the clients in the form of dividend distributions, reduced future ...
Types of Demutualizations
... might demutualize, full demutualization, sponsored demutualization, and into a mutual holding company (MHC) ... In a full demutualization, the mutual completely converts to a stock company, and passes on its own (newly issued) stock, cash, and/or policy credits to ... A sponsored demutualization is similar the mutual is fully demutualized and its policyholders or members are compensated ...

Famous quotes containing the words companies and/or mutual:

    The recent attempt to secure a charter from the State of North Dakota for a lottery company, the pending effort to obtain from the State of Louisiana a renewal of the charter of the Louisiana State Lottery, and the establishment of one or more lottery companies at Mexican towns near our border, have served the good purpose of calling public attention to an evil of vast proportions.
    Benjamin Harrison (1833–1901)

    Every nation ... have their refinements and grossiertes.... There is a balance ... of good and bad every where; and nothing but the knowing it is so can emancipate one half of the world from the prepossessions which it holds against the other—that [was] the advantage of travel ... it taught us mutual toleration; and mutual toleration ... taught us mutual love.
    Laurence Sterne (1713–1768)