Two trusted names in mutual insurance — Frederick Mutual Insurance Company and Northern Neck Insurance Company — have announced their intent to affiliate, pending regulatory approval. This strategic partnership is more than a business move — it’s a commitment to strengthening local communities, empowering independent agents, and protecting policyholders through a shared vision of service and sustainability.
Local Roots, Main Street Values
Both companies have long been woven into the fabric of the towns and neighborhoods they serve. Frederick Mutual, founded in 1843, and Northern Neck, founded in 1896, have served local communities for a combined 311 years. From the Chesapeake Bay to the foothills of Maryland and beyond, the companies are known for their commitment to protecting local homeowners and small businesses— not just as insurers, but as neighbors and active participants in community life. With more than 450 independent agency locations across Virginia, Maryland, Pennsylvania, Delaware, the District of Columbia, and North Carolina, the affiliation will deepen this local footprint, ensuring policyholders continue to receive the personalized, responsive service they expect from a local insurer.
A Strong Foundation for Growth
Northern Neck Insurance Company, rated A- by AM Best, brings a strong financial foundation to the affiliation. This stability ensures the combined organization can invest in innovation, expand product offerings, and continue delivering exceptional service — all while maintaining the trust and reliability that members and agents have come to expect. Frederick Mutual, rated A Exceptional by Demotech, complements this strength with a legacy of service dating back to 1843. Together, the companies will employ more than 90 professionals and continue operating under their existing brands, with headquarters in Irvington, VA and Frederick, MD.
“This is a transformative moment for both companies,” said Peter Cammarata, President & CEO of Northern Neck Insurance Company. “We’re creating a compelling alternative in the marketplace — one that empowers agents, enhances coverage and service for members, and provides great career opportunities for employees.”
Owned by Members, Focused on Policyholders
As mutual insurance companies, Northern Neck and Frederick Mutual are owned by their policyholders — not shareholders. This means every decision is made with the best interests of members in mind. The affiliation strengthens this model, combining resources to deliver greater value, more tailored coverage, and long-term stability for those who matter most: the companies’ insureds. “This partnership allows us to grow while staying true to our mutual values,” said Nancy Newmister, President & CEO of Frederick Mutual Insurance Company. “Together, we’re unlocking new opportunities for our agents and policyholders — and building a stronger, more agile organization.”
Empowering Agents Across the Region
Independent agents are at the heart of this affiliation. The combined companies will work through a network of local insurance advisors with more than 450 locations in six states. By combining complementary strengths in personal and commercial lines, the companies will offer:
Expanded product portfolio to meet the evolving needs of clients
Enhanced tools and training to help agents grow and succeed
A shared commitment to long-term partnerships and profitability
Looking Ahead
Leadership continuity will guide the transition. Both Cammarata and Newmister will remain CEOs of their respective organizations until the transaction is finalized, ensuring a smooth integration process. The companies will continue to operate under their existing brands, honoring their legacies while building a future focused on growth, service, and community impact.
To learn more about Frederick Mutual Insurance Company and Northern Neck Insurance Company, visit:
www.frederickmutual.com