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Mcture of 

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By LEW REiSNER 



FUld Editor, 

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pany, continued its steady growth. It 

 has registered an increase in number 

 of policies in force for each of the 21 

 years it has been in business. 



The Casualty Company has had but 

 one rate increase since the war and this 

 applied only to property damage and 

 collision. In contrast, insurance rates 

 in general since the war have risen 

 about 100 per cent. 



"The tremendous growth of the com- 

 pany is emphasized by the fact that 3 

 out of 10 policies in force have been 

 added in the past two years," Frank V. 

 Wilcox, manager, said. 



Country Mutual Casualty Company 

 provides one of the most popular of 

 all Farm Bureau services. Wilcox said 

 that 80 per cent of all Farm Bureau 

 members have a policy in the company. 



Country Mutual Fire Company had 

 $433,977,687 of fire and extended cov- 

 erage and $205,467,325 of wind insur- 

 ance in force at the close of their fiscal 

 year. 



During the year the company also 

 wrote $200,537,775 of hail insurance 

 on crops. 



"The fire and windstorm insurance 

 written during the year has kept pace 

 with the greatly increased value of 

 farm property," L. E. Lingenfelter, 

 president, said of the year's business 

 written by the company. 



"Losses in the fire division have not 

 been high," he said, "but destruction 

 by windstorms, two of tornado velocity, 

 added to the claims paid by the com- 

 pany." 



Hail losses, however, were the most 

 severe in the company's history, "Losses 



COUNTKy MUTUAL FIRE COMPAHy. 



AT END OF PERIOD 

 5IKJCE ORGANIZATION 



• •451 



I M930| 



will run over $3,000,000 this year," he 

 said. More than 6,700 hail claims were 

 filed, two and one half times as many 

 as have been suffered in any previous 



year. 



Dividends of 20 per cent on expir- 

 ing fire and extended coverage policies- 

 (Continued on page 50) 



JANUARY, 1949 



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