211 Main Street, Webster, MA 01570
http://www.commerceinsurance.com

Commerce was given an A+ (superior) rating by A.M. Best Company.

Key Officers: Gerald Fels, President and CEO; Randall Becker, SVP and CFO; David Cochrane, SVP Insurance Operations of Commerce and Citation

The Commerce Insurance Company, a subsidiary of MAPFRE U.S.A., was founded in 1972. Today, the Commerce Insurance Company is the largest provider of private passenger auto insurance in the state, insuring more than one of every four registered cars in Massachusetts.

But in addition to car insurance, the company also offers homeowners insurance, and is the second leading writer of commercial auto insurance in the state. However, with recent acquisitions, Commerce has been expanding its geographic footprint and growing the Commerce family, which has long been considered a “Massachusetts-Only” company.

Commerce has more than 600 independent agents and writes nearly $1.6 billion in premium, making it one of the top 50 property and casualty insurance companies in the U.S., according to A.M. Best Company.

About MAPFRE:

MAPFRE is the largest insurance group in Spain and is a global insurer with a presence in 45 countries with almost 63,000 global agents and brokers. The Commerce Group, Inc. was acquired in June 2008 by MAPRE, creating MAPFRE U.S.A.

The group’s property and casualty subsidiaries include MAPFRE Florida, The Commerce Insurance Company, The Citation Insurance Company, Commerce West Insurance Company, American Commerce Insurance Company, State-Wide Insurance Company. MAPFRE was given an A+ (superior) rating by A.M. Best Company.

Sources: commerceinsurance.com

Compiled by Life Quotes, Inc. staff

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