Washington State Insurance Practice Exam 2026 – Comprehensive All-in-One Guide to Exam Success!

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Who owns a mutual insurance company?

Policyowners

A mutual insurance company is owned by its policyowners, which are the people who have purchased insurance policies from the company. This is different from a stock insurance company, which is owned by shareholders who have bought stock in the company. C and D are incorrect because government entities do not typically own insurance companies.

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Shareholders

State Government

Federal Government

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