Mutual and Local

  • We're a private, local, mutual company, owned by our policyholders.
  • We pay state and federal taxes and support our home state through investments and purchasing.
  • We employ more than 1,900 Louisianians.
  • We carefully budget to place less than 3 cents of each premium dollar in an emergency reserve fund.
  • This reserve is required by law to protect you, our member-owners, from the effects of a natural disaster or economic crisis.


  • As a mutual company, we're owned by our policyholders – not shareholders.
  • We are not publicly traded and don't have to answer to stockholders.
  • We are run by a Louisiana board of directors who operate for the benefit of our members.
  • We take our obligation to use your money wisely as a sacred trust.