Merchants Mutual Insurance Co. reports that its recently formed subsidiary, Merchants Preferred Insurance Co., is now accepting business in New York, effective Aug. 1.
Merchants Preferred is a wholly-owned subsidiary of Merchants Mutual Insurance Co. Merchants Preferred targets preferred risk individuals and businesses, while Merchants Mutual targets standard risks.
Preferred recently earned an A- (excellent) rating with a stable outlook from the A.M. Best Co. Mutual’s A- (excellent) rating was also renewed by A.M. Best.
With corporate headquarters and regional operations located in Buffalo, N.Y., Merchants operates offices in Hauppauge, N.Y.; Albany, N.Y.; Moorestown, N.J.; Manchester, N.H., and Columbus, Ohio.
Source: Merchants
www.merchantsgroup.com
Topics New York
Was this article valuable?
Here are more articles you may enjoy.
NAIC Victim of Cyber Incident Via PeopleSoft System 
Intersecting Risks and the Future of Construction Insurance 
Need Wind Mitigation? New Florida Insurer Wants to Help With That 
Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise 
