no other articles link to it . please introduce links to this page from related articles ; try the find link tool for suggestions . march 2013 society insurance industry business insurance founded june 8 1915 madison wisconsin as wisconsin brotherhood of thresherman insurance company limited mutual headquarters fond du lac wisconsin united states key people rick parks president and ceo number of employees 250 website www.societyinsurance.com society insurance is a business insurance carrier headquartered in fond du lac wisconsin . society has operated as a mutual company since 1915 and has experienced significant growth in the last 10 years increasing the policyholders surplus from roughly 50 million in 2002 to 93 million in 2011 . 1 the company s more than 250 employees and network of more than 350 independent agencies 2 currently serves customers in illinois indiana iowa and wisconsin . in 2011 direct written premiums hit 141.5 million and total assets rose to nearly 303 million both company records . 1 summary edit society insurance specializes in workers compensation commercial property and casualty and commercial auto insurance . the company serves businesses ranging from taverns and restaurants to supermarkets contractors automobile repair shops hotels and medical clinics . 3 society is known for its close relationships with industry trade associations such as the wisconsin restaurant association 4 the tavern league of wisconsin 5 the wisconsin grocers association 6 the wisconsin medical society 7 the iowa restaurant association 8 the iowa lodging association 9 the indiana restaurant association 10 and the indiana hotel & lodging association . 11 the company offers special benefits such as extended coverages and dividends to members of each of these associations . rating agency a.m. best assigned society insurance an a rating for 2012 and also placed the company in category vii for financial size 50 100 million . 12 despite not officially doing business in these states the company is also currently licensed in michigan minnesota and missouri . 13 history edit in 1911 the wisconsin legislature passed the state s first workers compensation law . 14 like all other industries farmers threshing crews were required to carry the coverage . however insurance carriers were not willing to provide the coverage at a reasonable rate . in response to that difficulty in purchasing workers compensation insurance for themselves a collection of farm threshing crews formed what is now society insurance as wisconsin brotherhood of threshermen insurance company limited mutual on june 8 1915 in madison wisconsin . 15 the company moved to fond du lac wisconsin in 1918 and also declared its first policy surplus of 301.69 that year . in 1930 the company purchased threshermen s national insurance company a madison area competitor . 15 over the next 50 years threshermen s moved beyond threshing crews and continued to grow as a multi purpose workers compensation company . in the early 1980s what was still threshermen s began offering property and casualty insurance to businesses . the company became a servicing carrier for the wisconsin workers compensation insurance pool in 1987 a role it continues in to this day . 15 the company changed its name from threshermen s to society insurance in 1995 and expanded into illinois indiana and iowa in 1996 and 1997 . 15 jim thomas became president and chief executive officer in january 2004 succeeding michael wagner . 16 the company s surplus grew to 65.6 million in 2005 up from 52.3 million in 2004 . 17 in 2008 the company saw written premiums grow to 126.2 million an increase of 6.7 percent over the prior year . the company s surplus hit 86.7 million at year end . 18 since becoming society insurance the company has placed an even greater focus on its niche insurance capabilities to the hospitality industry and is widely known for its uncommon insurance and uncommon value marketing monikers . 19 references edit a b society insurance annual report pdf . retrieved 4 may 2012 . alderson jaye oct 2009 . marketplace magazine . missing or empty title help ; access date requires url help independent insurance agents of illinois august 2009 . a focus on value . insurance insight . access date requires url help wisconsin restaurant association benefits . tavern league of wisconsin benefits . wisconsin grocers association member benefits . wisconsin medical society business insurance . iowa restaurant association discount programs . iowa lodging association allied members . indiana restaurant association endorsed providers . wisconsin innkeepers association . a.m. best consumer information center . a.m. best . retrieved 18 may 2012 . a.m. best consumer insurance information center . a.m. best . retrieved 18 may 2012 . wisconsin department of workforce development . a b c d boone elisabeth . an uncommon insurer . retrieved 4 may 2012 . society insurance names new president . the business journal . retrieved 18 may 2012 . society insurance posts strong 2005 income . milwaukee journal sentinel . 29 march 2006 . retrieved 18 may 2012 . society insurance posts increases in 2008 . the business journal . retrieved 18 may 2012 . tavern league of wisconsin on premise . july 2008 . missing or empty title help ; access date requires url help retrieved from https en.wikipedia.org w index.php title society insurance & oldid 741098211 categories companies based in wisconsininsurance companies of the united stateshidden categories pages with citations lacking titlespages using citations with accessdate and no urlorphaned articles from march 2013all orphaned articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 25 september 2016 at 11 07 . text is available under the creative commons attribution sharealike license ; 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