1891
In May of 1891 a group of men came together to create an insurance company which provided affordable rates available to individuals in rural Henry County, Missouri. On May 31, 1891 Farmers Mutual Fire Insurance Company of Henry County was established, making it the first “home-owned” Insurance Company in Henry County.
The Companies constitution and by-laws were drawn and a charter to do business was granted by the Secretary of State Office. The seven board members met in the county court room once a month. All applications were taken to the board and approved by the board before the policy could be issued. An assessment was only taken at time of a loss if money was needed to pay the loss.