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U.S.H. & A.INS. CO. SURPLUS AS TO POLICY HOLDERS OVER $500,000,000 SAGINAW, MICHIGAN
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Before social security in 1936, many Americans relied upon insurance for their old age. Some trusted fraternal orders and benevolent societies. Sometimes these societies grew to become full fledged insurance agencies. The United States Benevolent Society of Saginaw, Michigan, operated from 1891-1901. It was reinsured as the United States Health & Accident Insurance Company, specializing in industrial and railway work and accidents. USH&A reinsured in 1914 and taken over by the Massachusetts Bonding and Insurance Company.
Saginaw, MI City Directories. Retrieved from https://library.biblioboard.com/module/saginaw-city-directories/masonry…
(1911). Report of examiners on the United States Health and Accident Insurance Company of Saginaw, Mich(sic). Proceedings of the National Convention of Insurance Commissioners of the United States...v2 (p. 473). Albany, NY: J. B. Lyon. Retrieved from https://www.google.com/books/edition/Proceedings_of_the_National_Conven…
The Wall Street Journal. (1914). The Massachusetts Bonding and Insurance Company, p. 2. Retrieved from https://www.newspapers.com/image/33329704/?terms=%22united%2Bstates%2Bh….