BNET Industries
Last Fiscal Year Sales:$25.6M
- Private
- US
Dow Jones Description
Buckeye Insurance Group is comprised of three property/casualty insurance companies that are run by the same management team. The lead company, Buckeye State Mutual Insurance Company, has been providing farm and personal lines coverage to policyholders since 1879. Home and Farm Insurance Company is a stock company formed in 1985 to service smaller mutual property insurers that cannot offer liability insurance to their Indiana policyholders. Home and Farm associated with Buckeye State Mutual in 1993 through a full service management agreement and intercompany pooling arrangement. In 1996 Buckeye became the majority shareholder with ownership of 51 percent of outstanding stock. In 2005, the pooling agreement was terminated and Buckeye purchased the remaining shares to gain 100 percent ownership. The third company, Home and Farm Mutual Insurance Company, is a farm mutual company formed in 2003 through the merger of two small Indiana farm mutual companies. Buckeye State Mutual manages the operation of Home and Farm Mutual and has a majority on the company's board of directors. We are a progressive regional company using select, professional, independent agents who share our vision to provide our policyholders with quality insurance protection at competitive, stable rates. Our home office is located in Piqua, Ohio. Daily operations of both Home and Farm stock and mutual companies are conducted in Warsaw, Indiana. Our financial strength is rated B+ (Very Good) by A.M. Best and...
President & CEO
R. Douglas HainesNumber of Employees 65
Peer Companies
NAICS Code Direct Property and Casualty Insurance Carriers: 524126
News & Analysis
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buckeye state mutual insurance co. - All News and Analysis
Buckeye State Mutual Insurance Company Joins with Identity Theft 911 for Identity Management, Resolution, and Disaster Recovery Services
Identity Theft Protection Free To Policyholders PIQUA, Ohio -- Identity Theft 911[R], an industry leader in identity theft management, education and resolution services announced today a partnership with Buckeye State Mutual Insurance Company that will give policyholders free access to professional fraud specialists to help repair the damage from...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| R. Douglas Haines | President & CEO |
| Organization | Position | Status |
|---|---|---|
| Buckeye State Mutual Insurance Co. | President & CEO | Current |
| Buckeye State Mutual Insurance Co. | President | Former |
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