There is a new name in the farm mutual insurance company business world.
However, while the name is new, the company itself can trace its roots back to 1883.
South Central Mutual Insurance Company of Blue Earth and Kelso & Shelby Farmers Mutual Insurance Company of Amboy, have merged into a new company.
Nick Hager, the general manager of the newly formed Minn-
Valley Mutual Insurance Company, is pictured outside the former headquarters of the South Central Mutual Insurance Company. The building is being totally remodeled and will be the home for the new company. In the meantime, they are working out of the office of the former Kelso & Shelby Farmers Mutual Insurance Company in Amboy.
Its name is MinnValley Mutual Insurance Company.
“The merger was effective on Jan. 1,” says Nick Hager, general manager of both the two former companies and will be the manager of the new one. “We think this merger is going to be good for everyone our policy holders, our communities and the farmers we serve.”
The merger has created the third largest township mutual insurance company in Minnesota.
Hager explains how the township mutual insurance…
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