Retail Lumbermen's Inter-Insurance Exchange.
Biographical notes:
The Retail Lumbermen’s Inter-Insurance Exchange began as the Retail Lumbermen’s Mutual Insurance Association in 1894. It dropped mutual insurance in 1917, switching to reciprocal insurance. Lumbering concerns of the Midwest subscribed to the Exchange to decrease the cost of a single fire and tornado insurance policy by dividing the claims payments among the entire Exchange for any given year.
Beginning in 1917, Oscar D. Hauschild (via his firm, O. D. Hauschild, Inc.) served as attorney in fact for the Exchange. Invested with power of attorney, Hauschild conducted financial business and attended to legal matters on behalf of the Exchange. O.D. Hauschild, Inc. merged with Lumber Mutual Insurance Company of Massachusetts in 1987.
From the guide to the Retail Lumbermen's Inter-Insurance Exchange records., 1894-1988., (Minnesota Historical Society)
Links to collections
Comparison
This is only a preview comparison of Constellations. It will only exist until this window is closed.
- Added or updated
- Deleted or outdated
Subjects:
- Fire insurance policies
- Fire insurance policies
- Lumbering
- Lumbering
- Property insurance policies
- Property insurance policies
Occupations:
Places:
- Middle West (as recorded)
