The Commerce Insurance Company, formerly known as Commerce Insurance Group, was an American company that provided personal insurance, commercial

property insurance Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or bo ...

, and

casualty insurance Casualty insurance is a defined term which broadly encompasses insurance not directly concerned with life insurance, health insurance, or property insurance. Casualty insurance is mainly liability coverage of an individual or organization for ne ...

Massachusetts Massachusetts (Massachusett language, Massachusett: ''Muhsachuweesut assachusett writing systems, məhswatʃəwiːsət'' English: , ), officially the Commonwealth of Massachusetts, is the most populous U.S. state, state in the New England ...

and

New Hampshire New Hampshire is a U.S. state, state in the New England region of the northeastern United States. It is bordered by Massachusetts to the south, Vermont to the west, Maine and the Gulf of Maine to the east, and the Canadian province of Quebec t ...

. Their core product lines included personal automobile, homeowners, and commercial auto insurance.

History

Commerce Insurance was founded in 1972 by Arthur J. Remillard, Jr., as a small insurance company in the south-central Massachusetts town of

Webster Webster may refer to: People *Webster (surname), including a list of people with the surname *Webster (given name), including a list of people with the given name Places Canada *Webster, Alberta *Webster's Falls, Hamilton, Ontario United State ...

where the company is still located and headquartered. Remillard was the company's longtime CEO and chairman, retiring in July 2006. 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 The Town of Hempstead (also known historically as South Hempstead) is the largest of the three Administrative divisions of New York#Town, towns in Nassau County, New York, Nassau County (alongside North Hempstead, New York, North Hempstead and Oys ...

-based property and casualty insurer State-Wide Insurance Company. 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 Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...

and has a presence in 43 countries, with about 51,000 agents worldwide. Commerce also sponsors a roadside assistance program for the

Massachusetts Turnpike The Massachusetts Turnpike (colloquially "Mass Pike" or "the Pike") is a toll highway in the US state of Massachusetts that is maintained by the Massachusetts Department of Transportation (MassDOT). The turnpike begins at the New York state li ...

and Mass Highway.

External links

Official WebsiteHealth InsuranceCrypto Insurance
Insurance companies of the United States Insurance companies based in Massachusetts Financial services companies established in 1972 {{Insurance-company-stub