Blue wave

Harleysville Mutual

NAIC#
AM BEST:
A+
S & P:
A+

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Harleysville Mutual (brand)

  • 1915Founded: The Mutual Auto Fire Insurance Company of Harleysville was founded in Harleysville, Pennsylvania, by Alvin C. Alderfer and local citizens to insure automobiles.
  • 1917Creation of Harleysville Life: The group founded Harleysville Life Insurance Company to offer life products to their P&C customers.
  • 1956Name Change: The parent company adopted the name Harleysville Mutual Insurance Company.
  • 1991IPO: Harleysville Group Inc. (the P&C arm) went public on NASDAQ, while the Mutual company retained majority ownership.
  • 2000sRegional Growth: Expanded its footprint across 32 states, becoming a prominent regional super-regional carrier.
  • 2011Merger Announced: Harleysville Mutual and Nationwide Mutual Insurance Company announced a merger agreement.
  • 2012Merger Completed: Nationwide completed the acquisition. Harleysville Mutual policyholders became members of Nationwide.
  • 2012Delisting: Harleysville Group Inc. was delisted from NASDAQ as it became a wholly-owned subsidiary of Nationwide.
  • 2013Consolidation: The Harleysville Life Insurance Company entity was eventually consolidated into Nationwide’s life operations.
  • PresentBrand Status: The "Harleysville" brand was maintained for several years as a distinct channel for independent agents but has largely been absorbed into the Nationwide master brand.

Source: Insurance Journal - Nationwide Merger

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