Brief History
The origins of the Mercer Insurance Group began in 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 operated solely as a company providing protection
from fire until 1959 when it changed its charter to engage in writing
multiple lines, homeowners and general liability coverageand changed
its name to the Mercer Insurance Company.
In order to further diversify its business, Mercer 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 a controlling
interest in another insurance company, the Franklin Insurance Company
of Lock Haven, Pennsylvania, on June 1, 2001.
From its humble beginnings providing fire insurance to residents
and businesses in Pennington, New Jersey, the Mercer Insurance Group
has grown to an organization providing fourteen lines of business
in New Jersey and Pennsylvania, writing over $40 million in business
and maintaining a surplus in excess of $30 million.
View
our A.M. Best Ratings
You can be confident that in the unfortunate event you suffer an insured
loss, the members of the Mercer Insurance Group have the financial
stability to honor your claim. Each of the insurance company members
of the Mercer Insurance Group enjoy an Excellent rating from the A.M.
Best Company. Click below to view the full rating and discussion for
each company.
View
our Organizational Chart
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