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In June 2008, The Commerce Group, Inc. was acquired by MAPFRE S.A. MAPFRE is the largest insurance group in Latin America and has a presence in 43 countries, with about 51,000 agents worldwide. The company was renamed as MAPFRE Insurance. Commerce also sponsored a roadside assistance program for the Massachusetts Turnpike and Mass Highway.
Commerce Insurance was founded in 1972 as a small insurance company in the south-central Massachusetts town of Webster, where the company is still located and headquartered. In April 2007, Commerce entered the New York personal lines insurance market through its acquisition of SWICO Enterprises, Ltd., the holding company for Hempstead, New York ...
It is the leading insurance company in Spain [2] and the largest non-life insurance company in Latin America. The company purchased Webster, Massachusetts-based Commerce Insurance Group, a major provider of vehicle insurance, for over €1.5 billion in October 2007. [3] Mapfre was listed in the Fortune Global 500 list on its 2008 edition. [4]
The average cost of car insurance in Massachusetts is $1,665 for full coverage insurance and $413 for minimum coverage insurance. The average car insurance premium in Massachusetts is ...
The average cost of car insurance in Massachusetts is $1,683 per year for full coverage and $410 per year for minimum coverage, which is less expensive than the national average of $2,542 per year ...
Auto insurance costs are up more than 22% since this time last year. It may be time to take that defensive driving course and bank the discount. Car insurance rates are nuts right now.
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