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Merchants Insurance Group was founded on March 5, 1918, the day Merchants Mutual Liability Company opened for business with Urban F. Jehle as President. Mr. Jehle, owner and operator of a grocery store in Buffalo, returned from a grocers’ convention with the idea of bringing merchants together for the mutual protection of their delivery vehicles.
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Merchants Insurance Group, an insurance company based in Buffalo, New York; Merchants Trust, a large British investment trust; Merchant International Group, a privately owned British strategic research and corporate intelligence company; Merchants Transportation Company, a defunct American shipping firm
Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
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State-Wide Insurance Company primarily writes private passenger automobile insurance in the state of New York. 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.