Mutual insurer definition

Mutual insurer means a domestic mutual property and casualty insurance company organized and licensed under chapter 515.
Mutual insurer means a business entity without capital stock and with a governing body elected
Mutual insurer means a domestic mutual insurer into which a

Examples of Mutual insurer in a sentence

  • Mutual insurer – an insurer that is owned by its policyholders and is formed as a corporation for the purpose of providing insurance to policyholders.

  • ConclusionOur clear vision for the future involves delivering on our commitment to doing more for our Members and theircommunities and achieving our objective to transfer our Members’ risks to their Mutual insurer.

  • The lack of investment in roads and footpaths presents a challenge for Members and their Mutual insurer.

  • It's also built to cover business interruptions, employee negligence, third-party data breaches, and more.4. Liberty Mutual: insurer released Data Compromise and CyberOne, two products designed to mitigate the damages associated with data breach.

  • USAA COUNTY MUTUAL INSURANCE COMPANY (A Texas County Mutual insurer managed by United Services Automobile Association) The purpose of this company is to provide auto insurance to certain individuals eligible for insurance in USAA and USAA CIC in Texas.


More Definitions of Mutual insurer

Mutual insurer means an incorporated insurer without capital stock and the governing body of which is elected by its policyholders, except certain foreign insurers which the commissioner finds to be organized on the mutual plan under the laws of their state or province of domicile, but having temporary share capital or providing for election of the insurer's governing body on a reasonable basis by members or by policyholders and others are not excluded as mutual insurers;
Mutual insurer means any insurer without capital stock, the
Mutual insurer means an incorporated insurer without capital stock or shares
Mutual insurer means a business entity without capital stock and with a governing body elected by the policyholders.
Mutual insurer means a company which by its constitution only policy holders are members of the company and which has no share capital;
Mutual insurer means a domestic mutual insurer into which a health service corporation transitions in accordance with the provisions of P.L.1995, c.196 (C.17:48E-45 et seq.).
Mutual insurer means any insurance company without capital stock, the managing directors or officers of which are elected by its members.