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Preferred Mutual Insurance Company Names 2015 Scholarship Winners

Preferred Mutual Insurance Company Names 2015 Scholarship Winners

NEW BERLIN, NY (June 9, 2015)-The Preferred Mutual Foundation, the corporate-giving arm of Preferred Mutual Insurance Company, has awarded scholarships to four, local, high school students graduating in 2015. Candidates were evaluated based on their academic strengths, intellectual inquiry, responsibility, community involvement, and demonstrated capacity to excel.

As the first place winner of the 2015 Preferred Mutual Foundation Scholarship, Cooperstown senior Elizabeth Russo will receive $2,500 each year for four years. Russo plans to attend the University of Notre Dame in the fall. Alexis Laundry of Norwich Central School will receive $1,000 each year for four years and plans to attend Northeastern University.

Emily Converse, a senior at Unadilla Valley Central School, was named the winner of the 2015 Irad and Jan Ingraham/James W. Honeywell Memorial Scholarship and was awarded $1,500 annually for four years. Converse plans to attend LeMoyne College. Unadilla Valley student, Niarra Williams, will receive a one-time Preferred Foundation Scholarship of $1,000 and plans to attend Cornell University.

The Preferred Foundation and the Company value academic excellence and community involvement and have been offering these scholarship opportunities to local seniors for more than a decade. The scholarship money can be applied to tuition, room and board, or other college-related expenses.

Preferred Mutual Insurance Company provides property and casualty insurance coverage to more than 235,000 individual and business customers through a network of more than 450 independent agents throughout New York, New Jersey, Massachusetts and New Hampshire. The mutual insurance company, in business since 1896, employs more than 270 employees and is headquartered in New Berlin, New York. The company is rated "A" (Excellent) by A.M. Best.

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