History of Western National Insurance
1900
"Mutual Creamery and Cheese Factory Fire Insurance Company of Minnesota" was formed in St Paul, MN to insure against loss or damage by fire to creamery and cheese cooperative association members' commercial buildings, products, machinery and supplies. First year Writings were $263,079 and Assets were $306.35. First claim payment made on September 18, 1901 for $5.21 to West Concord Cooperative.
1915
"Mutual Creamery and Cheese Factory Liability Insurance Company of Minnesota" was formed in St. Paul, MN to serve the same cooperative members as the Fire Company, but to insure against Liability losses.
1925
"Mutual Creamery and Cheese Factory Tornado Insurance Company of Minnesota" was formed in Redwood Falls, MN to protect the same cooperative members from loss to property by tornado and cyclone.
1953
The Property and Liability companies merge to become "Mutual Creamery Insurance Company."
1955
The principal place of business moves to Richfield, MN. The company determines that, after insuring over 90% of the target market of creameries and cheese cooperative, they must sell other lines (such as Automobile and Homeowners), and to other customers; also decide to sell through independent agents versus prior method of directly through Company personnel.
1970
The name of the company is changed to "Western National Mutual Insurance Company," and is headquartered in a new building located in Edina, MN.
1974
Western National Mutual Insurance Company purchases the "Cascade Insurance Company" in Seattle, WA, changing the name to Western National Assurance Company, and starts writing personal and commercial lines through independent agents in OR and WA.
2006–2007
Western National Mutual Insurance Company affiliates and merges with Farmers Home Group of Bloomington, MN. The merger adds two companies - Western Home and Pioneer Specialty - to Western National Insurance Group, expanding the Group to four regional Property and Casualty Insurance companies. Through the merger, Western National Insurance Group begins writing personal lines through independent agents in NV and UT.
Present
Western National Mutual has continued its stable growth and today is one of the finest regional mutual insurance companies in the Midwest, writing personal and commercial lines in IA, MN, ND, SD and WI. Western National Assurance writes the same lines today in NV, OR, UT and WA, and Western Home writes personal lines in MN, NV, UT and WA. Pioneer Specialty will commence writing commercial lines in these territories in 2008. Our simple commitment to honesty, fair underwriting, quality products and service, and strong relationships with our agent partners and policyholders continues today. With Total Assets of over $510 million, the future of Western National Insurance Group has never been brighter!
Statement of Condition
