Our operating and investment results for 2018 were again mixed. Despite economic uncertainties, the stock market has been solid, resulting in good investment performance for our portfolio. This increase in market value helped to offset significant losses from several severe …
"Founded Upon Benevolence"
The fundamental principle of the Society of “mutual assurance and mutual risk” was set forth in the Society’s original charter and remains our mission today.
The Mutual Assurance Society Against Fire on Buildings of the State of Virginia was founded on December 22, 1794, by an act of incorporation by the Virginia General Assembly. On May 17, 1982, the members of the Society changed the name of the company to “Mutual Assurance Society of Virginia.”
Today we operate much the same way as we did at our beginning. We provide our members with quality insurance protection at a reasonable cost always striving to do so in a caring and efficient manner.