Grange Mutual Casualty Company
| Mutual | |
| Industry | Insurance |
| Founded | 1935 |
| Headquarters | 671 S. High Street, Columbus, Ohio United States |
|
Key people
|
John Ammendola, President and CEO Terri Dalenta, CFO Timothy J. Cunningham, CIO Michelle Benz, President of Grange Life Insurance Company |
| Revenue | US$ 1.3 billion (2013) |
| Total assets | US$ 2 billion (2013) |
| Website | www |
Grange Mutual Casualty Company, commonly known as Grange Insurance, is an American insurance company based in Columbus, Ohio. Grange markets its products exclusively through a network of about 3,600 independent agents to offer home, auto, life, and business insurance protection to policyholders. The company, formed in 1935, now operates in 13 states. These states include Georgia, Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Carolina, Tennessee, Virginia, and Wisconsin.
In February 1933, the Town and Village Insurance Company Services worked under an agreement with Grange Insurance Services, Inc. to write automobile insurance for members of the Ohio State Grange. Grange Insurance Services, Inc. served as a general agent in Ohio and conducted all sales efforts and promotions. Town and Village Insurance Services then wrote business under a special automobile policy provided by the New Century Casualty Company of Chicago, Illinois.
On March 25, 1935, Grange Mutual Casualty Company was formed as a non-profit corporation under the General Code of Ohio and as such, assumed the book of business from Town and Village Insurance Services. Its principal business was writing property and casualty insurance coverage for policyholders as a mutual insurance company.
Grange Mutual was originally an assessment company and limited its sales to Ohio State Grange members. In 1942, a new hospitalization policy was introduced and offered to Grange members. In 1944, a general liability policy was added to the Grange line of products. Fire and extended coverages became available in 1955. By this time, Grange was a multiple line company. In 1958, Grange Mutual became independent of Ohio State Grange and offered its products to the general public within the State of Ohio.
On December 31, 1989, Grange Mutual purchased all the issued and outstanding shares of NWNL General Insurance Company, a Minnesota property and casualty insurance company. The name was changed to Trustgard Insurance Company effective February 28, 1990. Trustgard began the direct marketing of personal lines automobile and homeowners insurance in Missouri and Kansas in the early to mid 1990’s. In 1996, Grange decided to convert Trustgard to an independent agency company. Currently, Trustgard writes primarily new and renewal non-standard automobile policies.
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Wikipedia