January 2, 2008
Western National Mutual Insurance Company Completes Merger with Farmers Home Mutual Insurance Company
Western National Mutual Insurance Company today announced that it has completed its merger with Farmers Home Mutual Insurance Company, effective December 31, 2007. The completed merger follows final approval by each company’s Board of Directors and policyholders, and final regulatory approval from the Minnesota Department of Commerce.
“The completion of this merger means that our partner agents, employees and policyholders can now experience the added financial strength and efficiencies of working with a single Western National brand,” said company president and chief executive officer, Stuart C. Henderson, JD, CPCU. “We again thank everyone involved for their efforts throughout this merger process, and we look forward to the continued success of the Western National Insurance Group.”
Western National Insurance Group is a super-regional insurance group with over $510 million in Assets and writing over $245 million in premium annually. The group now consists of four regional Property and Casualty Insurance companies with shared administrative offices in Edina, Minnesota and a local underwriting and claim office in Seattle, WA. Western National Mutual Insurance Company writes personal and commercial lines in MN, WI, SD, ND and IA; Western National Assurance Company writes personal lines in WA, OR, NV and UT, and commercial lines in WA and OR; and Western Home Insurance Company writes personal lines in MN, WA, NV and UT. Pioneer Specialty Insurance Company will commence writing niche commercial lines in those territories in 2008. All of the companies’ products are sold exclusively through professional independent agents.
For further information, contact:
Mary S. Manley
SVP Corporate Affairs & Administration