Company News

Hastings Mutual Recognized as Top West Michigan Employer for Excellence and Innovation

3/20/2013

Hastings, Michigan - March 20, 2013:  Hastings Mutual Insurance Company, a regional Property Casualty insurance carrier serving six states and based in Hastings, Mich.,  is honored to be selected as one of West Michigan’s 101 Best and Brightest Companies to Work For by the Michigan Business & Professional Association (MBPA) in 2013.  This is the third consecutive year that Hastings Mutual has been recognized by the MBPA as a top West Michigan employer demonstrating innovative human resources strategies.

“Hastings Mutual is defined by the talent, dedication, and commitment of our employees,” said Dana Walters, vice president of Human Resources at Hastings Mutual. “We are pleased to be acknowledged as a company that exceeds traditional human resources practices and to represent our community as an award-winning organization.”

An independent research firm evaluates each company’s entry based on key measures in various categories.  These categories include Compensation, Benefits and Employee Solutions; Employee Enrichment, Engagement and Retention; Employee Education and Development; Recruitment, Selection and Orientation; Employee Achievement and Recognition; Communication and Shared Vision; Diversity and Inclusion; Work-Life Balance; Community Initiatives; Strategic Company Performance; and the Best of the Best Small Business.

The winning 101 companies will also compete for eleven elite awards, one in each evaluation category and an overall winner that has excelled in each category will receive the Best of the Best Overall award. The winners will be announced during the MBPA’s awards luncheon taking place on Thursday, May 2 at the Pinnacle Center in the greater Grand Rapids area.

“Profitability and stability is essential for businesses in today’s economic climate. Companies that recognize that their employees are the key to their success, achieve staying power. Our 2013 winners style their business standards to ensure employee satisfaction and they set standards for every business to aspire toward.” saidJennifer Kluge, MBPA president. “We are very impressed by the commitment that they have demonstrated to their employees.”

About Hastings Mutual Insurance Company

Hastings Mutual Insurance Company is an award-winning, A. M. Best: A+ rated, regional Property Casualty insurance company. Hastings Mutual operates in six the Midwestern states of Michigan, Illinois, Indiana, Iowa, Ohio, and Wisconsin. The company, based in Hastings, Michigan, was founded in 1885. Hastings Mutual writes commercial, farm, and personal lines business through a network of independent insurance agents. For more information about Hastings Mutual visit the company website at www.hastingsmutual.com or find them on Facebook and Twitter.

About Michigan Business & Professional Association (MBPA)

Based in Warren, Mich., theMichigan Business & Professional Association (MBPA) is thelargest business organization of small to medium-sized businesses in Michigan, representing more than 20,000 members who employ over 200,0000 persons. Members include attorneys, physicians, architects, accountants, construction companies, banks, retailers, wholesalers, manufacturers and thelike.  Member businesses receive numerous benefits including free legal and financial consultations; discounted technology, automotive and office products; employee training and recruitment assistance; and competitive insurance rates. The MBPA is a sister association to theMichigan Food & Beverage Association (MFBA) with more than 3,400 members. Visit them online at www.michbusiness.org or www.michfood.org.

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Hastings Mutual’s Past and Future

4/5/1885

In 1880, and again in 1882, tornadoes tore through parts of the small community of Hastings, Michigan, destroying over $225,000 worth of property. At the time, this amount was nearly 500 times the cost of a new home. D.W. Rogers, a local farmer, took action. At his request, his brother, state legislator Jeremiah Rogers, sponsored a bill legalizing the formation of windstorm insurance companies in Michigan, which became law in February of 1885.

On April 5, 1885, the Hastings-based Michigan Mutual Tornado, Cyclone and Windstorm Insurance Company was incorporated. By 1908, "The Windstorm Company" had grown from 160 to 43,000 policyholders, sharing $74,000,000 of insurance in force. At the end of 1925 the company was the second largest mutual windstorm insurance company in the world. Prosperity continued through the 1930's, 40's and 50's, even during the Great Depression.

On January 15, 1959, "The Windstorm Company" formally reorganized as a general, non-assessable mutual known as Hastings Mutual Insurance Company. Insurance policy documents weighing almost four tons had to be rewritten to facilitate the change.

For well over 100 years, Hastings Mutual Insurance Company has had an outstanding reputation based on good customer service and needed insurance products, backed by sound company finances. We are indeed proud of our past and look forward to a progressive future of serving you!

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