The History of Claremont Farmers Mutual Fire Insurance Company

In January 1894, a group of 25 men met at White’s Hall in Claremont, MN and decided “to organize a Farmers Insurance Company”.  So began the company which was to be Claremont Farmers Mutual Fire Insurance Company.

 

At that time, the agricultural industry was anything but good.  The preceding year, 491 banks and about 15,000 commercial institutions had failed.  In some counties, 90% of the farms had changed hands.  In addition to the difficult economic times, fires were constantly breaking out in wooden farm homes.  Heat from wood or coal burning stoves, as well as wood burning chimneys, provided a high risk environment for building losses.  During harvest, big steam engines powering grain separators were a constant threat.  Farmers needed insurance.

 

It was believed that the big, commercial insurance companies were charging farmers of the day too much for the insurance provided.  This crucial meeting in 1894 set about to organize a mutual fire insurance company charging rates the farmers could afford.

 

And so began Claremont Farmers Mutual Fire Insurance Company which today, 122 years later, is proud to be financially strong and committed to exceptional customer service and positive insurance experiences for all its members.

 

The original founding members of Claremont Farmers Mutual Fire Insurance Company included:

W. M. Hubbard

E. J. Shaw

R. Weber

James Peachey

A. E. Beckwith

P. J. Norton

Theron Fairbanks

H. C. Hythecker

U. Senn

G. Bosshard

George Hall

R. Harner

C. M. Fuller

F. E. Dodge

L. H. Bullis

W. G. Weber

Joseph Weber

A. P. Naylor

W. H. Naylor

Finley McMartin

James Gardiner

W. V. Vorce

F. Cartwright

B. Cartwright

W. W. Schick

Some of the highlights over the past 122 years include:

Today, Tony Hughes serves as the manager, Julie French as the Office Administrator and
Linda Ulve as the Office Assistant at the home office in Kasson, MN.  The current Board of Directors includes Ralph Marquardt, President, Lowell Wright, Vice President, Steven Reller, Secretary/Treasurer, Linda Ulve, Director, Bryon Wolf, Director, James Bryngelson, Director and Randall Holland, Director.

There are many great names of both men and women who have served Claremont Farmers Mutual Fire Insurance Company in the past and present.  While too many to name, each has played a part in laying the foundation of the outstanding company we are today.  The current staff and Board of Directors is dedicated to upholding their ideals, goals and dreams as we look to continuing to make Claremont Farmers Mutual Fire Insurance Company great now and in
the future.

Past managers of Claremont Farmers Mutual Fire Insurance Company include:

1894-1899          O. E. Beckwith

1899-1913          K. E. Bullis

1913-1945          Mrs. K. E. Bullis

1945-1952          George Hallaway

1952-1964          Mr. George Hallaway

1952-1964          Mr. George Hallaway

1964-1989          Gaylord Harris

1989-2013          Randall Holland

2013-2016          Linda Ulve

2016- Present    Tony Hughes

 

Sources used:

The Protector:  The Story of the Claremont Farmers Mutual Fire Insurance Company, by Harold Severson, American Historical Features, Kenyon, MN  55946

100th Anniversay Claremont Farmers Mutual Fire Insurance Company brochure, uncredited