41. Q . Why are so many mutual companies doing this, and why are they doing it now? 42. Cooperatives are very similar to mutual companies . 43. In structure it is a mutual company . 44. As a mutual company without public shareholders, it does not feel Wall Street pressure for short-term profits. 45. Sun Life also recently switched from a mutual company owned by its policyholders to a publicly traded concern. 46. An added incentive was NRMA Insurance, formed in 1925 and reestablished in 1926 as a private mutual company . 47. The popularity of mutual companies in the insurance industry had grown significantly between 1843 and MassMutual s creation. 48. In 1962, Sun Life became a mutual company and repurchased its shares for $ 65 million in total. 49. The Klamath Falls, Oregon-based company was formerly a mutual company called Klamath First Federal Savings and Loan Association. 50. The companies can then also provide executives with stock options, which do not exist in traditional mutual companies .