41.  Provident Mutual is a mutual company owned by its policyholders.

42.  Several other mutual companies, including Metropolitan Life, are expected to convert to shareholder-owned companies and sell stock in the coming months.

43.  Since State Farm is a mutual company, owned by its policy holders, the ruling would eventually mean higher rates.

44.  Sun Life also recently switched from a mutual company owned by its policyholders to a publicly traded concern.

45.  State Farm benefits in a price war from being a mutual company, owned by its policyholders.

46.  Tens of millions of Americans hold policies at mutual companies.

47.  That, many analysts said, sharply reduced the pool of executives from which mutual companies could recruit.

48.  The companies can then also provide executives with stock options, which do not exist in traditional mutual companies.

49.  The insurance industry, including many giant mutual companies owned by their policyholders, has been in flux.

50.  The Klamath Falls, Oregon-based company was formerly a mutual company called Klamath First Federal Savings and Loan Association.