Mutual vs. Stock Insurance Providers: A Synopsis
Insurance firms are categorized as either stock or shared according to the ownership framework regarding the company. There are some exceptions, such as for example Blue Cross/Blue Shield and fraternal groups which may have yet a various framework. Nevertheless, stock and companies that are mutual probably the most predominant methods insurance businesses organize on their own.
Internationally, there are many more insurance that is mutual, however in the U.S., stock insurance firms outnumber shared insurers.