Ah.
Not State Farm.
Farmers Insurance.
BAT DID buy them.
State Farm has always been a customer owned mutual.
Tom
----- Original Message -----
From: "Jan Steinman" <Jan@xxxxxxxxxxxxxx>
To: <olympus@xxxxxxxxxxxxxxx>
Sent: Sunday, January 19, 2003 4:04 PM
Subject: [OM] Re: Camera Insurance? Pictures of your camera?
> >From: "Walt Wayman" <hiwayman@xxxxxxxxx>
> >
> >State Farm is a mutual company, which means
> >it's owned by its policy holders.
>
> >From: "Tom Scales" <tscales@xxxxxxxxxxxxxx>
> >
> >I'm confused. State Farm is a mutual, owned by its customers.
>
> Hmmm... perhaps they "went private" at some point?
>
> They sent me a notice in about 1986 that said they were being sold to
British Tobacco. I switched at next renewal, when the rates
"co-incidentally" went up about 20%. I was living in Oregon at the time.
>
> But perhaps I'm mistaken. I'm sure I've shredded all that old paperwork by
now. Perhaps I shredded some brain cells at the same time...
>
> On a similar note, I have a paid-up life insurance policy with National
Life and Accident that my father purchased when I was born. He made payments
through my 18th birthday, then signed it over to me. Two different agents
have been unable to locate this company, or one that may have bought them. I
suppose they went bankrupt along the way somewhere... there's REALLY no such
thing as "insurance," is there?
> --
> : Jan Steinman -- nature Transography(TM): <http://www.Bytesmiths.com>
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>
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