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What is the significance of an insurance company demutualizing?
Wiki User
∙ 12y ago
This means that the company is ceaseing to be a mutual company (owned by the policyholders) and is becoming a corporation. For a customer of that company it most likely means that you will no longer receive dividends if you have been receiving them and that your rates will most likely go down slightly. In most cases the company will send you some sort of correspondence throughout the process... which could take years.
Wiki User
∙ 12y ago
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