Acuity Insurance
Encyclopedia
Acuity Insurance is an insurance
company with headquarters in Sheboygan, Wisconsin
. The company's website claims that it is the 80th largest insurer in the United States.
in 1925 (in the unincorporated village of Franklin in Sheboygan County). The name was changed to Mutual Auto of Wisconsin in 1953, and Heritage Mutual Insurance Company. in 1957. The company moved to the city of Sheboygan in 1960, and to its current location in 1984. The company became known as ACUITY Insurance in 2001.
The company opened a $39 million addition to its headquarters in 2004. The addition added 262,000 square feet (24,300 m²) to the facility plus about 20,000 square feet (2,000 m²) of renovated space. The campus now features a fitness center, executive office areas, and a commercial kitchen with a dining area for ACUITYs onsite employees.
on July 2, 2005. The steel pole is 338 feet (103 m) high, 6 feet (1.8 m) wide at the base, weighs 65 tons (without the flag), and is sunk into a 550-ton block of concrete that is 40 feet (12.2 m) deep, 8 feet (2.4 m) wide and reinforced by steel rods. The flag is 120 feet (36.6 m) by 60 feet (18.3 m), or 7,200 square feet (670 m²). Each star is 3 foot (0.9144 m) high and each stripe is 4½ feet wide. It weighs 300 pounds. This flag and flagpole outdid an earlier Acuity record, a flag raised June 2, 2003, atop a 150 feet (45.7 m) flagpole. Oddly enough, the new flagpole is actually a replacement; the old pole toppled over due to stress and high winds, almost falling onto nearby Interstate 43
. The new flagpole is designed with extra bracing and placed much farther from the highway. A powered hoist raises the flag at 80 feet (24.4 m) per minute, regardless of wind conditions, and is synchronized so that the flag reaches the top of the pole just as the Star Spangled Banner ends.
On October 4, 2007 it was announced that the flag pole would yet again be rebuilt to allow access to the beacon marker on top in case of light bulb replacement. The flag was rebuilt and the top section finished on April 4, 2008. On April 7, 2008 the pole, without a flag yet flying, began swaying noticeably during relatively low wind speeds. On April 8, 2008 the ball and top section were again removed.
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
company with headquarters in Sheboygan, Wisconsin
Sheboygan, Wisconsin
-Airport:Sheboygan is served by the Sheboygan County Memorial Airport, which is located several miles from the city.-Roads:Interstate 43 is the primary north-south transportation route into Sheboygan, and forms the west boundary of the city. U.S...
. The company's website claims that it is the 80th largest insurer in the United States.
Current business performance
ACUITY operates in 19 states, uses 900 independent agencies to write over $750 million in premiums, manages over $2 billion in assets, and employs 850 people. ACUITY is rated A+ (Superior) by A.M. Best and also receives an A+ rating from Standard and Poor's.Company history
The company began as the Mutual Auto Insurance Company of the Town of HermanHerman, Sheboygan County, Wisconsin
Herman is a town in Sheboygan County, Wisconsin, United States. The population was 2,044 at the 2000 census. It is included in the Sheboygan, Wisconsin Metropolitan Statistical Area...
in 1925 (in the unincorporated village of Franklin in Sheboygan County). The name was changed to Mutual Auto of Wisconsin in 1953, and Heritage Mutual Insurance Company. in 1957. The company moved to the city of Sheboygan in 1960, and to its current location in 1984. The company became known as ACUITY Insurance in 2001.
The company opened a $39 million addition to its headquarters in 2004. The addition added 262,000 square feet (24,300 m²) to the facility plus about 20,000 square feet (2,000 m²) of renovated space. The campus now features a fitness center, executive office areas, and a commercial kitchen with a dining area for ACUITYs onsite employees.
Awards
ACUITY was named the 2004 Best Mid-Size Company to work for in the United States in 2004 by the The Great Place to Work Institute and the Society for Human Resources Management. ACUITY is the only company in the nation to be named six consecutive years to the Great Place to Work Institute's top five mid-sized companies. They are recognized by Collegegrad.com and AARP as a top entry level college graduate employer and top employer of workers over the age of 50, respectively for the past 4 years. ACUITY is recognized as one of Ward, Inc.'s Top 50 best-run insurers for 10 consecutive years. ACUITY has been named to the InformationWeek 500 list of most innovative technology companies for 4 consecutive years.ACUITY was awarded the 2001 National Company Award of Excellence by the National Association of Professional Insurance Agents.Flag
ACUITY raised the tallest flagpole in the United StatesUnited States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
on July 2, 2005. The steel pole is 338 feet (103 m) high, 6 feet (1.8 m) wide at the base, weighs 65 tons (without the flag), and is sunk into a 550-ton block of concrete that is 40 feet (12.2 m) deep, 8 feet (2.4 m) wide and reinforced by steel rods. The flag is 120 feet (36.6 m) by 60 feet (18.3 m), or 7,200 square feet (670 m²). Each star is 3 foot (0.9144 m) high and each stripe is 4½ feet wide. It weighs 300 pounds. This flag and flagpole outdid an earlier Acuity record, a flag raised June 2, 2003, atop a 150 feet (45.7 m) flagpole. Oddly enough, the new flagpole is actually a replacement; the old pole toppled over due to stress and high winds, almost falling onto nearby Interstate 43
Interstate 43
Interstate 43 is a intrastate Interstate Highway located entirely within the U.S. state of Wisconsin, connecting Interstate 39 and Interstate 90 in Beloit with Milwaukee and U.S. Route 41 and U.S. Route 141 in Green Bay. I-43 is the 5th longest intrastate Interstate Highway of the Interstate...
. The new flagpole is designed with extra bracing and placed much farther from the highway. A powered hoist raises the flag at 80 feet (24.4 m) per minute, regardless of wind conditions, and is synchronized so that the flag reaches the top of the pole just as the Star Spangled Banner ends.
On October 4, 2007 it was announced that the flag pole would yet again be rebuilt to allow access to the beacon marker on top in case of light bulb replacement. The flag was rebuilt and the top section finished on April 4, 2008. On April 7, 2008 the pole, without a flag yet flying, began swaying noticeably during relatively low wind speeds. On April 8, 2008 the ball and top section were again removed.