Texas 2017 - 85th Regular

Texas Senate Bill SR60

Caption

Recognizing Hochheim Prairie Farm Mutual Insurance Association on the occasion of its 125th anniversary.

Impact

This Senate resolution acknowledges the longstanding contributions of the Hochheim Prairie Farm Mutual Insurance Association to its members and the broader community. The association provides a range of insurance services for homes, businesses, and personal property, which are particularly vital in rural areas. By maintaining a representative form of government, with members electing their own board of directors, the association fosters a sense of community involvement and empowerment among its members.

Summary

Senate Resolution No. 60 recognizes the Hochheim Prairie Farm Mutual Insurance Association on the occasion of its 125th anniversary. Founded in 1892 by German immigrants in the Hochheim Prairie area, the association began by insuring 30 families and has since expanded its reach across rural Texas. The association, which is headquartered in Yoakum, boasts a membership of over 90,000 and handles premiums exceeding $125 million through 210 independent agents, illustrating its significant impact on local economies and communities.

Contention

While the resolution serves as a celebration of the association's achievements, it also highlights the role of mutual insurance companies in bridging gaps where larger insurance firms may not cater effectively to rural communities. However, some discussions around such organizations may touch upon regulatory challenges and the importance of ensuring that all members have equitable access to insurance coverage. The recognition of female leadership within the association, as exemplified by its first female president, Linda Schmidt, also raises points about diversity in leadership positions within the industry.

Companion Bills

No companion bills found.

Previously Filed As

TX SR466

Recognizing the Dallas Bar Association on the occasion of its 150th anniversary.

TX SR541

Recognizing Tint-On-Wheels on the occasion of its 25th anniversary.

TX SR167

Recognizing the City of Baytown on the occasion of its 75th anniversary.

TX SCR32

Recognizing Lone Star National Bank on the occasion of its 40th anniversary.

TX SR3

Recognizing Odyssey Academy on the occasion of its 25th anniversary.

TX SR638

Recognizing the Austin Branch of the American Association of University Women on the occasion of its 100th anniversary.

TX SR70

Recognizing Austin College on the occasion of its 175th anniversary.

TX SR399

Recognizing the City of New Fairview on the occasion of the 50th anniversary of its incorporation.

TX SR64

Recognizing Children and Family Institute on the occasion of its 30th anniversary.

TX SR228

Recognizing Williamson County on the occasion of its 175th anniversary.

Similar Bills

No similar bills found.