Your Service Stays Local. Your Protection Grows Stronger.
Louisiana Farm Bureau Mutual Insurance Company is proposing to convert from a mutual insurance company to a stock insurance company through a regulatory process known as demutualization. If approved, Louisiana Farm Bureau Mutual Insurance Company will become Louisiana Farm Bureau Insurance Company, and will become a wholly owned subsidiary of Southern Farm Bureau Casualty Insurance Company. This will generate greater long-term stability while preserving current coverage, service, and Louisiana operations.
The Louisiana Farm Bureau Mutual Insurance Company Board of Directors unanimously approved and recommends a vote “FOR” the adoption of the proposal.
If the proposal is successful, all Eligible Members will receive equal cash compensation estimated at $791.10 per member in exchange for giving up their Membership Interests. The demutualization would not change your policy, premium, coverage, or access to your local agents.
The deadline to submit a vote by proxy was 5 p.m. on Tuesday, February 17, 2026.
Why This Vote Matters
The high disaster risk of natural disasters, increasing claims and rising operating costs make it harder for insurers that operate in only one state to stay stable over time.
By becoming a wholly owned subsidiary of Southern Farm Bureau Casualty Insurance Company, Louisiana Farm Bureau will gain greater strategic and financial flexibility through access to more resources and stronger capital support, providing benefits to both the short-term and long-term interests of our company and policyholders, as well as the communities in which we operate.
How to Vote
Eligible Members may vote on the Plan of Reorganization by attending the Special Meeting of Policyholders on February 27, 2026.
Meeting Information:
5:00 pm, Friday, February 27, 2026
Louisiana's Old State Capitol
100 North Blvd, Baton Rouge, LA 70801
Meeting location may change pending the number of responses. A subsequent notice of meeting change would be provided online, via email (if in our records), by signage at this site and via direct mail if there is sufficient time to send out notice.
Why Southern Farm Bureau Casualty Insurance Company
A Shared Mission and Commitment
Southern Farm Bureau Casualty Insurance Company understands our values, our policyholders, and our mission because their team shares the same commitment to serving Farm Bureau families. They understand our business and share a similar culture and approach to serving members.
Multi-State Diversification
Southern Farm Bureau Casualty Insurance Company operates across multiple states, which spreads catastrophe risk geographically rather than concentrating it in a single high-risk region, generating greater stability, efficiencies, and significant opportunities for improved financial performance.
Same Benefits, Same Service
Southern Farm Bureau Casualty Insurance Company will maintain the contractual benefits of your existing Policies and provide the same service you deserve and expect. You will speak with the same people at the same phone numbers, and our underwriting and claims operations will not change.
Compensation for Eligible Members
If the proposal is approved, all Eligible Members will receive equal cash compensation estimated to be $791.10 to each Eligible Member, in exchange for giving up their Membership Interests. Compensation is provided only for membership rights and does not affect any policy benefits, terms, or coverage.
Eligible Members are policyholders who own a policy that was in force on the Adoption Date of the Plan of Reorganization, October 31, 2025. For more information on compensation, please see the Policyholder Information Statement.