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Society Insurance
Society Insurance is a business insurance carrier headquartered in Fond du Lac, Wisconsin. Society has operated as a mutual company since 1915 and has experienced significant growth in the last 10 years, increasing the policyholders' surplus from roughly $50 million in 2002 to $93 million in 2011. The company’s more than 250 employees and network of more than 350 independent agencies currently serves customers in Illinois, Indiana, Iowa and Wisconsin. In 2011, direct written premiums hit $141.5 million and total assets rose to nearly $303 million, both company records. Summary Society Insurance specializes in workers compensation, commercial property and casualty, and commercial auto insurance. The company serves businesses ranging from taverns and restaurants to supermarkets, contractors, automobile repair shops, hotels, and medical clinics. Society is known for its close relationships with industry trade associations such as the Wisconsin Restaurant Association, the Taver ...
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Madison, Wisconsin
Madison is the county seat of Dane County and the capital city of the U.S. state of Wisconsin. As of the 2020 census the population was 269,840, making it the second-largest city in Wisconsin by population, after Milwaukee, and the 80th-largest in the U.S. The city forms the core of the Madison Metropolitan Area which includes Dane County and neighboring Iowa, Green, and Columbia counties for a population of 680,796. Madison is named for American Founding Father and President James Madison. The city is located on the traditional land of the Ho-Chunk, and the Madison area is known as ''Dejope'', meaning "four lakes", or ''Taychopera'', meaning "land of the four lakes", in the Ho-Chunk language. Located on an isthmus and lands surrounding four lakes—Lake Mendota, Lake Monona, Lake Kegonsa and Lake Waubesa—the city is home to the University of Wisconsin–Madison, the Wisconsin State Capitol, the Overture Center for the Arts, and the Henry Vilas Zoo. Madison is ho ...
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Automobile Repair Shop
An automobile repair shop (also known regionally as a garage or a workshop) is an establishment where automobiles are repaired by auto mechanics and technicians. Types Automotive garages and repair shops can be divided into following categories: Service Station * First appearing in the early 1900s, many filling stations offered vehicle repair services as part of their full service operation. This once popular trend has declined significantly over the years as many locations found it more profitable to exchange vehicle service bays for grocery isles, which ultimately lead to the emergence of the quick oil change industry. Lubrication/Safety Shop * Commonly referred to as a quick lube or express service shop, this type of facility specializes in preventive maintenance and safety inspections rather than repairs. Product sales are typically limited to automotive fluids, belts and hoses. With a focus on basic procedures, labor is often performed by entry-level technician ...
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Financial Services Companies Established In 1915
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ...
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American Companies Established In 1915
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ...
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Insurance Companies Of The United States
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ...
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Hospitality Industry
The hospitality industry is a broad category of fields within the service industry that includes lodging, food and drink service, event planning, theme parks, travel and tourism. It includes hotels, tourism agencies, restaurants and bars. Sectors According to the Cambridge Business English Dictionary the "hospitality industry" consists of hotels and food service, equivalent to NAICS code 72, "Accommodation and Food Service". Definition in the United States In 2020, the United States Department of Labor Standard Industrial Classification (SIC) defines the hospitality industry more broadly, including: * 701 Hotels and Motels, including auto courts, bed and breakfast inns, cabins and cottages, casino hotels, hostels, hotels (except residential ones), inns furnishing food and lodging, motels, recreational hotels, resort hotels, seasonal hotels, ski lodges and resorts, tourist cabins and tourist courts * 704 Organization Hotels and Lodging Houses, On a Membership Basis * 58 Eating an ...
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Threshing
Threshing, or thrashing, is the process of loosening the edible part of grain (or other crop) from the straw to which it is attached. It is the step in grain preparation after reaping. Threshing does not remove the bran from the grain. History of threshing Through much of the history of agriculture, threshing was time-consuming and usually laborious, with a bushel of wheat taking about an hour. In the late 18th century, before threshing was mechanized, about one-quarter of agricultural labor was devoted to it. It is likely that in the earliest days of agriculture the little grain that was raised was shelled by hand, but as the quantity increased the grain was probably beaten out with a stick, or the sheaf beaten upon the ground. An improvement on this, as the quantity further increased, was the practice of the ancient Egyptians of spreading out the loosened sheaves on a circular enclosure of hard ground, and driving oxen, sheep or other animals round and round over it so as t ...
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Dividends
A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business (called retained earnings). The current year profit as well as the retained earnings of previous years are available for distribution; a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash (usually a deposit into a bank account) or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets. The dividend received by a shareholder is income of the shareholder and may be subject to income tax (see dividend tax). The tax treatment of this income varies considerably between jurisdictions. The corporation does not receive a tax deduct ...
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Tavern League Of Wisconsin
The Tavern League of Wisconsin (TLW) is a trade association of alcoholic beverage retailers in the state of Wisconsin. The League was created in 1935, two years after the end of Prohibition, and today has 5,000 members. The League is headquartered in Fitchburg, Wisconsin. The TLW lobbies for member interests at the state and federal level, and supports members in complying with legal issues facing their businesses. Issues include opposition to increases in alcohol and cigarette taxes and licensing laws seen as onerous, and opposition to restrictions on gambling machines. The TLW supports programs that aim to combat drunk driving by providing rides to and from bars. At the same time, the TLW has condemned campaigns against binge drinking in Wisconsin as an attempt to "demonize" people who drink casually to relax. In 2005, lobbyists with the TLW were investigated by the State Ethics Board; the investigation was launched after State Senator Russell Decker was pulled over for drunk dr ...
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Wisconsin Restaurant Association
The National Restaurant Association is a restaurant industry business association in the United States, representing more than 380,000 restaurant locations. It also operates the National Restaurant Association Educational Foundation. The association was founded in 1919 and is headquartered in Washington, D.C. Lobbying The National Restaurant Association, widely referred to as "the other NRA" to distinguish itself from National Rifle Association, which shares the initialism, is a powerful lobbying force in Washington, DC and in state capitals. The association advocates to retain the minimum wage in the United States as well as laws requiring paid sick leave. In July 2013, it boasted that it had successfully lobbied against raises in the minimum wage, in part or in full, in 27 of 29 states and blocked paid sick leave legislation in 12 states. It also takes credit for halting any increase in the federal minimum wage for tipped employees, which has remained at $2.13 per hour sinc ...
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Trade Associations
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence public policy in a dire ...
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Medical Clinic
Medicine is the science and practice of caring for a patient, managing the diagnosis, prognosis, prevention, treatment, palliation of their injury or disease, and promoting their health. Medicine encompasses a variety of health care practices evolved to maintain and restore health by the prevention and treatment of illness. Contemporary medicine applies biomedical sciences, biomedical research, genetics, and medical technology to diagnose, treat, and prevent injury and disease, typically through pharmaceuticals or surgery, but also through therapies as diverse as psychotherapy, external splints and traction, medical devices, biologics, and ionizing radiation, amongst others. Medicine has been practiced since prehistoric times, and for most of this time it was an art (an area of skill and knowledge), frequently having connections to the religious and philosophical beliefs of local culture. For example, a medicine man would apply herbs and say prayers for healing, or an an ...
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