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614 E. Market Street
Smithfield, NC 27577
(919) 934-6111

Press Release – September, 2011

First Mutual Insurance Company, located in Smithfield, NC, is celebrating its 50th anniversary during 2011. Founded in 1961, the company has grown to offer Homeowners and Farmowners insurance throughout the state, as well as coverage for a variety of agricultural risks. Today, First Mutual Insurance Company markets its products through local independent agents and enjoys an “A” rating for financial stability. A 50th Anniversary Celebration honoring long-time directors, officers, employees and agents, as well as the company’s top producing agents, is being held in September with the Honorable Wayne Goodwin, Commissioner of Insurance, as the guest speaker.

First Mutual Insurance Company has earned an A rating from Demotech, Inc., a financial analysis and actuarial service firm. Insurers earning a Financial Stability Rating® of A possess Exceptional financial stability related to maintaining positive surplus as regards policyholders. First Mutual is also a member of NAMIC (National Association of Mutual Insurance Companies), which is the nation's largest P/C insurance industry trade association, with more than 1,400 members.