Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Environment & Energy

OKIsItJustMe

(21,822 posts)

5. Look for the magical word, "Mutual"

Reply to IbogaProject (Reply #4)

Thu Mar 19, 2026, 03:47 PM

21 hrs ago

https://en.wikipedia.org/wiki/Mutual_insurance

Mutual insurance
…

A mutual insurance company is an insurance company owned entirely by its policyholders. It is a form of consumers' co-operative. Any profits earned by a mutual insurance company are either retained within the company or rebated to policyholders in the form of dividend distributions or reduced future premiums. In contrast, a stock insurance company is owned by investors who have purchased company stock; any profits generated by a stock insurance company are distributed to the investors without necessarily benefiting the policyholders.

…

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

IbogaProject

7 replies

= new reply since forum marked as read

Highlight:

State-Level Projections Of How Uninsureable Homes And Businesses Are Becoming: CA, FL, IL, MI, NE, NC, GA [View all] hatrack Yesterday OP

Ya know, more and more i am beginning to believe mwmisses4289 Yesterday #1

...and it's a grift we are required to be fleeced by. quaint Yesterday #2

Health and Auto are IbogaProject Yesterday #4

Look for the magical word, "Mutual" OKIsItJustMe 21 hrs ago #5

That is half the battle IbogaProject 13 hrs ago #6

True but OKIsItJustMe 2 hrs ago #7

I remember reading a few years ago that MI was a climate change safe zone due to the great lakes yaesu Yesterday #3