Who Elects The Governing Body Of A Mutual Insurance Company?

Who Elects The Governing Body Of A Mutual Insurance Company?

Mutual insurance companies are unique businesses in which policyholders are the ultimate owners. This means that, unlike shareholders in a publicly traded company, the policyholders of a mutual insurance company elect and maintain the governing body responsible for managing the company. To understand the process by which policyholders select the governing body of a mutual …

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