Difference between revisions of "Red River Valley Mutual Insurance Company (Altona, Manitoba, Canada)"
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Red River Valley Mutual Insurance Company of [[Altona (Manitoba, Canada)|Altona, Manitoba]] was founded in 1941 as a private commercial mutual insurance agency, which took over some of the members of the former Mennonite Church fire insurance association in the [[West Reserve (Manitoba, Canada)|West Reserve]], which had been founded in 1900 as a breakaway from the [[East Reserve (Manitoba, Canada)|East Reserve]] association (see [[Canada and States Mennonite Insurance Association|Canada and States Mennonite Insurance Association]]), but which had had its own "insurance elder" under the East Reserve plan since the original settlement in the West Reserve in 1875. The remaining members continued in the [[Manitoba Mennonite Mutual Insurance Company (Steinbach, Manitoba, Canada)|Manitoba Mennonite Mutual Insurance Company]] with headquarters at Steinbach, Manitoba, which was incorporated in 1940, one year earlier. The Red River Company, which did not restrict its patrons to Mennonites as did the Manitoba Mutual, but served the general public (although the majority of its policyholders are still Mennonites), had 5,800 policyholders in 1955, with about $37,000,000 property coverage. Approximately one third of its 5,520 members were members of the [[Evangelical Mennonite Conference (Kleine Gemeinde)|Evangelical Mennonite Conference]] (Kleine Gemeinde). | Red River Valley Mutual Insurance Company of [[Altona (Manitoba, Canada)|Altona, Manitoba]] was founded in 1941 as a private commercial mutual insurance agency, which took over some of the members of the former Mennonite Church fire insurance association in the [[West Reserve (Manitoba, Canada)|West Reserve]], which had been founded in 1900 as a breakaway from the [[East Reserve (Manitoba, Canada)|East Reserve]] association (see [[Canada and States Mennonite Insurance Association|Canada and States Mennonite Insurance Association]]), but which had had its own "insurance elder" under the East Reserve plan since the original settlement in the West Reserve in 1875. The remaining members continued in the [[Manitoba Mennonite Mutual Insurance Company (Steinbach, Manitoba, Canada)|Manitoba Mennonite Mutual Insurance Company]] with headquarters at Steinbach, Manitoba, which was incorporated in 1940, one year earlier. The Red River Company, which did not restrict its patrons to Mennonites as did the Manitoba Mutual, but served the general public (although the majority of its policyholders are still Mennonites), had 5,800 policyholders in 1955, with about $37,000,000 property coverage. Approximately one third of its 5,520 members were members of the [[Evangelical Mennonite Conference (Kleine Gemeinde)|Evangelical Mennonite Conference]] (Kleine Gemeinde). | ||
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{{GAMEO_footer|hp=Vol. 4, p. 263|date=1959|a1_last=Reimer|a1_first=David P|a2_last=|a2_first=}} | {{GAMEO_footer|hp=Vol. 4, p. 263|date=1959|a1_last=Reimer|a1_first=David P|a2_last=|a2_first=}} | ||
Revision as of 19:29, 20 August 2013
Red River Valley Mutual Insurance Company of Altona, Manitoba was founded in 1941 as a private commercial mutual insurance agency, which took over some of the members of the former Mennonite Church fire insurance association in the West Reserve, which had been founded in 1900 as a breakaway from the East Reserve association (see Canada and States Mennonite Insurance Association), but which had had its own "insurance elder" under the East Reserve plan since the original settlement in the West Reserve in 1875. The remaining members continued in the Manitoba Mennonite Mutual Insurance Company with headquarters at Steinbach, Manitoba, which was incorporated in 1940, one year earlier. The Red River Company, which did not restrict its patrons to Mennonites as did the Manitoba Mutual, but served the general public (although the majority of its policyholders are still Mennonites), had 5,800 policyholders in 1955, with about $37,000,000 property coverage. Approximately one third of its 5,520 members were members of the Evangelical Mennonite Conference (Kleine Gemeinde).
| Author(s) | David P Reimer |
|---|---|
| Date Published | 1959 |
Cite This Article
MLA style
Reimer, David P. "Red River Valley Mutual Insurance Company (Altona, Manitoba, Canada)." Global Anabaptist Mennonite Encyclopedia Online. 1959. Web. 18 Apr 2024. https://gameo.org/index.php?title=Red_River_Valley_Mutual_Insurance_Company_(Altona,_Manitoba,_Canada)&oldid=84351.
APA style
Reimer, David P. (1959). Red River Valley Mutual Insurance Company (Altona, Manitoba, Canada). Global Anabaptist Mennonite Encyclopedia Online. Retrieved 18 April 2024, from https://gameo.org/index.php?title=Red_River_Valley_Mutual_Insurance_Company_(Altona,_Manitoba,_Canada)&oldid=84351.
Adapted by permission of Herald Press, Harrisonburg, Virginia, from Mennonite Encyclopedia, Vol. 4, p. 263. All rights reserved.
©1996-2024 by the Global Anabaptist Mennonite Encyclopedia Online. All rights reserved.