History of the Company

 
 

Goodville Mutual was founded in 1926 by a small group of Mennonite men who were aware of the growing need for automobile insurance in Lancaster County, Pennsylvania. They created a company on the principle of bearing one another's burdens. Although this vision reflected the Anabaptist beliefs of service and mutual aid, it was agreed that the company would serve the wider community.

Since 1926, Goodville Mutual has enjoyed growth and stability and has expanded to include coverage for homes, small businesses, farms and churches in nine states. With strong support from professional independent agents who have been the cornerstone of our success, Goodville Mutual currently has annual revenues exceeding $68 million with assets exceeding $140 million.

Goodville is rated A VII (Excellent) by A.M. Best. In 2010, 2011, 2012, Goodville was also named as one of the top 50 property and casualty companies in the US by the Ward Group. Ward's analyzes the performance of over 3000 companies for financial safety, consistency and performance. To receive this recognition, Goodville passed all the performance measures for the last five years.

Profitable underwriting and prompt, fair claims settlements are of highest priority for Goodville Mutual. The company achieves excellent investment results from social principles investment strategies.

Goodville Mutual is committed to provide comprehensive property and casualty insurance products of the highest quality and to conduct our business by biblical principles of love, justice and integrity.

 
1926
Founded as Goodville Mutual in the town of Goodville, Pennsylvania, to write automobile liability insurance

1948
Constructed a new office building in Goodville to accommodate steady growth

1952
Began expanding into other states and offering other lines of insurance

1959
Automated business processing systems

1973
Constructed a new office building in New Holland, Pennsylvania to accommodate continued growth

1988
Merged with Earl Mutual to provide farm and mobile home coverage

1996
Merged with three Mennonite related mutual fire insurance companies in Pennsylvania

1997
Led the industry by automating interface with independent agencies

2001
Significantly expanded auto, farm and homeowners premiums by business assumed from a Pennsylvania self insured group.

2006
Launched a proprietary online business processing system for agents.

2008
Expanded homeowners, farm and commercial premium by assuming business from a Kansas mutual company.

2010,2011,2012
Named one of the top 50 companies in the US by the Ward Group.

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