Changes

Jump to: navigation, search

Country Financial

5,107 bytes added, 16:53, 11 February 2018
m
Section headings in sentence case, not title case, per MOS:HEAD
{{infobox company
| name = Country Financial
| logo = COUNTRY FINANCIAL GREEN.jpg
| type = [[Mutual organization|Mutual]], [[stock]]
| key_people = Kurt Bock, CEO
| industry = Insurance and financial services
| products = Insurance and investing
| revenue = $3.506 billion USD (2016)<ref>[http://beta.fortune.com/fortune500/country-financial-646 Fortune 1000 (2016)]</ref>
| num_employees = 3834
| foundation = 1925
| location = [[Bloomington, Illinois]], US
| homepage = {{URL|www.countryfinancial.com}}
}}

'''COUNTRY Financial''' is a group of [[United States|US]] [[insurance]] and [[financial services]] companies with customers in 39 states. The group of companies offers a range of insurance and financial products and services, including auto, home, life, and commercial insurance, and retirement planning, investment management and trust services.

The COUNTRY Financial group is ranked 657th in the 2017 Fortune 1000 list, which lists American companies by revenue.<ref>{{Cite web|url=http://beta.fortune.com/fortune500/country-financial-646|title=Country Financial|website=Fortune|language=en-US|access-date=2017-02-17}}</ref>

The corporate headquarters are in [[Bloomington, Illinois]].

==History==
The company was founded in 1925 when a group of [[Illinois Agricultural Association]] members developed an organization to provide fire and lightning insurance for farmers. <ref>{{Cite web|url=http://www.ilfb.org/CF/|title=Connection between Illinois Farm Bureau and COUNTRY Financial|website=www.ilfb.org|access-date=2018-02-08}}</ref> In the company's first year of operation, more than 385 Illinois farmers worked part-time, offering insurance services to their friends and neighbors.

[[Crop insurance]] became available in 1926, [[auto insurance]] in 1927, and [[life insurance]] in 1929. Financial services, including [[retirement planning]], [[estate planning]], [[investment management]], and [[Annuity (US financial products)|annuities]] have been available for more than 35 years.

As of 2017, COUNTRY Financial and its alliances serve nearly one million households and businesses in 19 states. The company has more than 3,000 employees and 2,000 financial representatives.<ref>[http://www.countryfinancial.com/SiteController?url=/aboutCountry/whoWeAre/primaryCompanies "Primary Companies"]</ref>

[[A.M. Best]] rated COUNTRY Financial Property Casualty Group as A+ (Superior) in Feb. 2015. The group consists of COUNTRY Mutual Insurance Company, Middlesex Mutual Assurance Company, Holyoke Mutual Insurance Company, COUNTRY Casualty Insurance Company, COUNTRY Preferred Insurance Company, and Modern Service Insurance Group.<ref>{{Cite web|url=http://www3.ambest.com/ambv/bestnews/presscontent.aspx?altsrc=14&refnum=22269|title=A.M. Best Revises Outlook to Stable for the COUNTRY Financial Property Casualty Group Members|last=|first=|date=|website=A.M. Best|archive-url=|archive-date=|dead-url=|access-date=}}</ref> [[A.M. Best]] rated COUNTRY Financial Life Group, which includes COUNTRY Life Insurance Company and COUNTRY Investors Life Assurance Company, as A+ (Superior) in Feb. 2015.<ref>{{Cite web|url=http://www3.ambest.com/ambv/bestnews/presscontent.aspx?altsrc=14&refnum=22269|title=A.M. Best Revises Outlook to Stable for the COUNTRY Financial Property Casualty Group Members|last=|first=|date=|website=A.M. Best|archive-url=|archive-date=|dead-url=|access-date=}}</ref>

In the 2016 [[J.D. Power and Associates|J.D. Power]] Property Claims Satisfaction Study, COUNTRY Financial ranked 3rd among all property insurance companies in the U.S.<ref>{{Cite news|url=http://www.jdpower.com/press-releases/2016-us-property-claims-satisfaction-study|title=2016 US Property Claims Satisfaction Study|last=Robin|date=2016-02-10|newspaper=J.D. Power|access-date=2017-02-17|language=en}}</ref>

Kurt Bock is the current [[Chief executive officer|CEO]] of COUNTRY Financial.

== Operating companies ==
The COUNTRY Financial insurance group consists of 8 operating companies:<ref>{{Cite web|url=https://www.countryfinancial.com/en/about-us/who-we-are/our-history.html|title=COUNTRY Financial - About Us|last=|first=|date=|website=COUNTRY Financial|archive-url=|archive-date=|dead-url=|access-date=}}</ref>
* COUNTRY Mutual Insurance Company
* Middlesex Mutual Assurance Company
* Holyoke Mutual Insurance Company in Salem
* COUNTRY Casualty Insurance Company
* COUNTRY Preferred Insurance Company
* Modern Service Insurance Company
* COUNTRY Life Insurance Company
* COUNTRY Investors Life Assurance Company

==References==
{{reflist}}

==External links==
*[http://www.countryfinancial.com/ Official website]
*[http://www.countryfinancialconnect.com COUNTRY Financial Connect]
*[http://www.middleoak.com/ MiddleOak]

{{Illinois Corporations}}

[[Category:Financial services companies established in 1925]]
[[Category:Companies based in Bloomington–Normal]]
[[Category:Financial services companies of the United States]]
[[Category:Insurance companies based in Illinois]]
[[Category:Mutual insurance companies of the United States]]
[[Category:1925 establishments in Illinois]]
Anonymous user

Navigation menu