Difference between revisions of "Mennonite Indemnity, Inc"

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Mennonite Indemnity, Inc., a reinsurance corporation serving all Mennonite Aid societies desiring to participate, incorporated in Pennsylvania in 1957. Sixteen societies were the initial participants. A board of twelve directors was elected by the stockholders. The first officers were S. S. Wenger (Lancaster) president, Elvin Souder (Souderton) vice-president, Wayne W. Martin (Goodville, Pennsylvania, USA) secretary-treasurer; the capital was $150,000. The [[Mennonite Central Committee (International)|Mennonite Central Committee]] nominated the board of directors and exercised a paternal influence in 1957.  
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Mennonite Indemnity, Inc., a reinsurance corporation serving all Mennonite Aid societies desiring to participate, incorporated in Pennsylvania in 1957. Sixteen societies were the initial participants. A board of twelve directors was elected by the stockholders. The first officers were S. S. Wenger (Lancaster) president, Elvin Souder (Souderton) vice-president, Wayne W. Martin (Goodville, Pennsylvania, USA) secretary-treasurer; the capital was $150,000. The [[Mennonite Central Committee (International)|Mennonite Central Committee]] nominated the board of directors and exercised a paternal influence in 1957.  
  
 
In 2000 Mennonite Indemnity became part of the MutualAid eXchange (MAX), a reciprocal insurance company exclusively for Anabaptists throughout the [[United States of America|United States]] and Canada.
 
In 2000 Mennonite Indemnity became part of the MutualAid eXchange (MAX), a reciprocal insurance company exclusively for Anabaptists throughout the [[United States of America|United States]] and Canada.
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{{GAMEO_footer|hp=Vol. 3, p. 630|date=1957|a1_last=Bender|a1_first=Harold S|a2_last= |a2_first= }}
 
{{GAMEO_footer|hp=Vol. 3, p. 630|date=1957|a1_last=Bender|a1_first=Harold S|a2_last= |a2_first= }}

Revision as of 19:56, 20 August 2013

Mennonite Indemnity, Inc., a reinsurance corporation serving all Mennonite Aid societies desiring to participate, incorporated in Pennsylvania in 1957. Sixteen societies were the initial participants. A board of twelve directors was elected by the stockholders. The first officers were S. S. Wenger (Lancaster) president, Elvin Souder (Souderton) vice-president, Wayne W. Martin (Goodville, Pennsylvania, USA) secretary-treasurer; the capital was $150,000. The Mennonite Central Committee nominated the board of directors and exercised a paternal influence in 1957.

In 2000 Mennonite Indemnity became part of the MutualAid eXchange (MAX), a reciprocal insurance company exclusively for Anabaptists throughout the United States and Canada.


Author(s) Harold S Bender
Date Published 1957

Cite This Article

MLA style

Bender, Harold S. "Mennonite Indemnity, Inc." Global Anabaptist Mennonite Encyclopedia Online. 1957. Web. 24 Nov 2024. https://gameo.org/index.php?title=Mennonite_Indemnity,_Inc&oldid=89754.

APA style

Bender, Harold S. (1957). Mennonite Indemnity, Inc. Global Anabaptist Mennonite Encyclopedia Online. Retrieved 24 November 2024, from https://gameo.org/index.php?title=Mennonite_Indemnity,_Inc&oldid=89754.



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Adapted by permission of Herald Press, Harrisonburg, Virginia, from Mennonite Encyclopedia, Vol. 3, p. 630. All rights reserved.


©1996-2024 by the Global Anabaptist Mennonite Encyclopedia Online. All rights reserved.

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