Acacia Mutual

Acacia Mutual Life Insurance Company
FormerlyMasonic Mutual Relief Association of the District of Columbia
IndustryLife insurance
FoundedOctober 26, 1866
FounderWilliam Mertz and other Washington, D.C., Freemasons
FateConverted to a stock insurance company; subsequently renamed and merged
SuccessorAmeritas Life Insurance Corporation
Area served
United States
ProductsLife insurance; annuities
ParentAcacia Mutual Holding Corporation (1997–1999)

Acacia Mutual Life Insurance Company was an American life insurance company headquartered in Washington, D.C.. Founded by a group of Freemasons in 1866 as the Masonic Mutual Relief Association of the District of Columbia, it was established to provide financial assistance to the widows and orphans of deceased Master Masons.

In 1903, Congress amended the association's charter to permit the establishment of legal reserves for its insurance policies while retaining its fraternal character. In 1922, another charter amendment enabled the association to operate as a mutual old-line life insurance company. Its name was changed to Acacia Mutual Life Association.

The name Acacia was selected as a reference to the acacia tree, a traditional Masonic symbol associated with immortality and perpetuity. The change also helped the organization expand its insurance business beyond its original Masonic membership base.

On May 14, 1932, Congress amended the organization's charter again, changing its name to Acacia Mutual Life Insurance Company.

The company maintained its headquarters in Washington, D.C. Its headquarters building, located at 52 Louisiana Avenue NW, was designed by the architectural firm Shreve, Lamb and Harmon and completed in 1936.

The building was situated near the United States Capitol and was designed to complement the monumental civic architecture of the surrounding area.

A 1980 profile in The Washington Post described Acacia as a major Washington-based insurance business, reporting 1979 revenues of $145.3 million and $4.4 billion in life insurance in force.

In 1997, the company underwent a reorganization that converted its insurance subsidiary into a stock life insurance company owned by Acacia Financial Group, a subsidiary of Acacia Mutual Holding Corporation. In 1999, the company's name was changed to Acacia Life Insurance Company.

On January 1, 1999, Acacia Mutual Holding Corporation merged with Ameritas Mutual Insurance Holding Company, creating Ameritas Acacia Mutual Holding Company. The affiliated insurance companies continued to operate as separate subsidiaries.

In 2014, Acacia Life Insurance Company was merged into Ameritas Life Insurance Corporation.

References

  1. 1 2 "Acacia Mutual Life Insurance Company Building: National Register of Historic Places Registration Form" (PDF). Government of the District of Columbia. National Park Service. Retrieved November 10, 2026.
  2. 1 2 3 "Acacia Life Insurance Company: Report on Examination 2005" (PDF). District of Columbia Department of Insurance, Securities and Banking. Retrieved November 10, 2026.
  3. 1 2 "Amend Charter of Acacia Mutual Life Association" (PDF). United States Government Publishing Office. Retrieved November 10, 2026.
  4. ↑ "Congressional Record: Acacia Mutual Life Insurance Company" (PDF). United States Government Publishing Office. 1932. Retrieved November 10, 2026.
  5. ↑ "Acacia Mutual Life Insurance Company". SAH Archipedia. Retrieved November 10, 2026.
  6. ↑ "Acacia Mutual Life Insurance Co". The Washington Post. April 13, 1980. Retrieved November 10, 2026.
  7. ↑ "Acacia Life Insurance Company: Report on Examination 2008" (PDF). District of Columbia Department of Insurance, Securities and Banking. Retrieved November 10, 2026.
  8. ↑ "A.M. Best Withdraws Ratings of Acacia Life Insurance Co. and The Union Central Life Insurance Co. Due to Legal Entity Merger". AM Best. July 1, 2014. Retrieved November 10, 2026.