UNITED STATES
                SECURITIES AND EXCHANGE COMMISSION
                     WASHINGTON, D.C.  20549

                              FORM 8K
 
                           CURRENT REPORT
               PURSUANT TO SECTION 13 OR 15(d) OF THE
                   SECURITIES EXCHANGE ACT OF 1934

                     Date of Report: May 2, 1996

                 FARM FAMILY MUTUAL INSURANCE COMPANY

A New York Corporation Commission File No. 2-57299 IRS No. 14-1415410

             344 Route 9W, Glenmont, New York  12077-2910
            Registrant's telephone number:  (518) 431-5000






Item 5.  Other Events

	On May 2, 1996, Farm Family Mutual Insurance Company issued a
press release announcing that the Superintendent of Insurance of
the State of New York has approved the  Plan of Reorganization
and Conversion pursuant to which the Company will convert from a
mutual company to a stockholder-owned company.  A copy of the
press release is attached hereto as Exhibit 99.


Item 7.  Financial Statements and Exhibits

The following exhibits are filed as part of this report:

Exhibit Index

Exhibit 99 - Press Release dated May 2, 1996



                              Signatures

Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned thereunto duly authorized.

                       	 	FARM FAMILY MUTUAL INSURANCE COMPANY (Registrant)



    May 3, 1996                             /s/ Philip P. Weber	 	   
       (Date)                      	         	Philip P. Weber 
                                     Executive Vice President and CEO 





EXHIBIT 99								

FOR:        	FARM FAMILY MUTUAL
					        INSURANCE COMPANY

CONTACT:	    Timothy A. Walsh
								     Senior Vice President - Finance
    									(518) 431-5410



                   SUPERINTENDENT OF INSURANCE APPROVES
                  FARM FAMILY MUTUAL INSURANCE COMPANY'S
                  PLAN OF REORGANIZATION AND CONVERSION
          			

 	Glenmont, NY, May 2, 1995 - Farm Family Mutual Insurance
Company announced today that on May 1, 1996, the Superintendent
of Insurance of the State of New York issued an Opinion and
Decision approving the Company's Plan of Reorganization and
Conversion pursuant to which the Company will convert from a
mutual company to a stockholder-owned company.  In approving the
Plan, the Superintendent found that the Plan "does not violate
the Insurance Law, is not inconsistent with law, is fair and
equitable, and is in the best interests of the policyholders and
the public."  The approval of the Plan by the Superintendent is
another step in the demutualization process which will require
the approval of the Company's policyholders prior to the Plan
becoming effective.  
	 Under the Plan, eligible policyholders will receive shares of
common stock of Farm Family Holdings, Inc., a newly formed
holding company for Farm Family, or cash.  Additional shares
will be offered in a subscription offering to eligible
policyholders and holders of Surplus Notes who receive stock in
the demutualization.  All or a portion of the shares not
subscribed for in the subscription offering may subsequently be
offered to new investors in a public offering.
	  The Company's principal purposes for the Reorganization are
to improve the Company's access to capital markets and to raise
capital which will enable it to expand and develop its business
in the rural and suburban communities in which the Company
currently operates.
 	Farm Family is a regional, specialized property and casualty
insurer of farms, agricultural related businesses and residents 
of rural and suburban communities.
 	The Company expects that the demutualization process will be
concluded in the third quarter of 1996. 
 	The shares being offered in the subscription offering and the
public offering will only be offered by means of prospectus.