Legal Definition and Related Resources of Mutual Insurance Company

both the insurers and the One in which the members are both the insurers and the insured. See Com. Ins. Dept, v Safeguar Mut. Ins. Co., 387 A.2d 647, 478 Ga. 592. insured. See Com. Ins. Dept, v Safeguar Mut. Ins. Co., 387 A.2d 647, 478 Ga. 592. The furnishing of insurance to members at cost is the chief aim of a mutual insurant’ company , and such a company refunds to the members or policy holders the excess of premium over cost. See American Ins. C of Texas v Thomas, (C.A.Tex.) 146 F.2d. 434.

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Mutual Insurance Company in Historical Law

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