Mercer Insurance Group
The Mercer Insurance Group traces its origins to 1844 when the Mercer County Mutual Fire Insurance Company was incorporated by the State of New Jersey after a group of Pennington, New Jersey merchants, farmers and homeowners met to form a company to provide affordable protection from fire. Mercer solely provided insurance protection from fire until 1959 when it changed its charter to engage in writing multiple lines, homeowners and general liability coverage and changed its name to the Mercer Mutual Insurance Company.
In order to further diversify its business, Mercer Mutual Insurance Company organized a subsidiary company in the early 1980’s, the Mercer Insurance Company, Inc. and obtained a license to do business in Pennsylvania. In 1997, Mercer Insurance Company changed its state of domicile to Pennsylvania, and renamed its subsidiary company, Mercer Insurance Company of New Jersey, Inc. As part of its effort to broaden its horizons, Mercer purchased the Franklin Insurance Company of Lock Haven, Pennsylvania, on June 1, 2001. In 2003, Mercer Mutual was de-mutualized and converted to a stock company. In 2005, Mercer acquired the Financial Pacific Insurance Company of Rocklin, CA.
From its humble origins, Mercer has grown to an organization producing Written Premiums of over $150M a year, with assets of over $500M, transacting business in seven states and being represented by over 550 independent agents. Mercer Insurance Group trades on the NASDAQ stock exchange under the symbol MIGP.
Mercer Insurance Company &
Mercer Insurance Company of New Jersey
Mercer Insurance Company & Mercer Insurance Company of New Jersey provide property and casualty insurance products to individuals and businesses located throughout New Jersey and Pennsylvania. Personal Lines coverage is available for Homeowners, Condominium Owners, Landlords and Tenants. Commercial Lines coverage is available for a wide range of businesses including Property Owners, Retailers, Restaurants, Offices, Artisan Contractors, Religious Institutions, Condominium and Townhome Associations, Personal/Business Service Firms and Garages. Coverage lines available include Property, Liability, Commercial Auto, Workers' Compensation, Inland Marine and Umbrella.
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Franklin Insurance Company
Franklin Insurance Company provides preferred property and casualty insurance products to individuals located throughout Pennsylvania. Coverage is available for Personal Automobile, Homeowners, Condomiuim Owners and Tenants. The insurance policies are available through an exclusive network of independent agents. Franklin Insurance Company was founded in 1997 and was acquired by Mercer Insurance Group in 2001. The company's offices are located in Lock Haven, PA.
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Financial Pacific Insurance Company
Financial Pacific Insurance Company was founded in 1987 and it's offices are located in Rocklin, California. The company offers Commercial Lines insurance through an exclusive network of independent agents located in California, Nevada, Arizona and Oregon. Specifically, the company offers coverage for Property, Liability, Commercial Auto, Inland Marine and Contract and Miscellaneous Surety. The company specializes in insuring Artisan Contractors (New Construction as well as Service, Repair and Remodeling firms). The company also offers coverage for a wide array of other businesses including Redi-Mix Operations, Farm Labor Contractors, Aggregate Haulers, Refuse Haulers, Property Owners, Offices, Restaurants, Service Businesses, Mobile Home Parks and Apartments. Finacial Pacific was aquired by Mercer Insurance Group in 2005.
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