Mutual Company : An insurance company run for the benefit of the insured in which a revenue above operating expenses and reserves is returned to policy holders in the form of dividends
Ralph W. Burklin & Robert G. Purington, Fire Terms: A Guide to Their Meaning and Use, National Protection Association, Boston, MA 1980 USA. (Guide: Meaning and Use, Nat Prot Association Fr Srvc - Amer) {457}