Retail Lumbermen's Inter-Insurance Exchange.

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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)
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Relation Name
associatedWith Bolin Lumber Company. corporateBody
associatedWith Fidelity and Deposit Company of Maryland. corporateBody
associatedWith Hauschild, Oscar D., 1878- person
associatedWith I.G.A. Mutual Insurance corporateBody
associatedWith Merchants' Life and Casuality Company. corporateBody
associatedWith Minnesota Loan and Trust Company. corporateBody
associatedWith O. D. Hauschild, Inc. corporateBody
associatedWith O. D. Hauschild, Inc. corporateBody
associatedWith Retail Lumbermen's Insurance Association. corporateBody
Place Name Admin Code Country
Middle West
Subject
Fire insurance policies
Fire insurance policies
Lumbering
Lumbering
Property insurance policies
Property insurance policies
Occupation
Activity

Corporate Body

Active 1894

Active 1988

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