Two Western Ontario farmers’ mutual insurance companies – North Waterloo Farmers Mutual Insurance Company and Oxford Mutual Insurance Company – announced Monday they agreed to merge.
The merger – which is subject to approval both by regulators and by mutual policyholders – would create Heartland Farm Mutual Insurance Inc.
Oxford was founded in 1878 and is based in Thamesford, about halfway between London and Woodstock. NWFM – founded four years earlier – is based in Waterloo.