The British Columbia Fruit Growers Association Hail Insurance Committee was established in 1942, and again in 1949 to study the question of setting up a grower-owned hail insurance company. It later evolved into the British Columbia Fruit Growers Mutual Hail Insurance Company. The Mutual Hail Insurance Company was incorporated in 1950 to sell hail insurance to Association members. In later years it was managed under contract by the Fruit Growers Mutual Insurance Company. The hail insurance company was voluntarily liquidated in 1970.