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Plymouth Rock Acquires MAPFRE Insurance Company of New York

In New Jersey, Plymouth Rock will strengthen its position by offering replacement policies to auto and home insurance customers of ACIC. Auto insurance policies will be offered by Palisades Safety and Insurance Association, and home insurance policies will ... read more

Plymouth Rock’s NY state of mind leads to Mapfre deal

Under the deal announced Thursday, Boston-based Plymouth Rock will acquire Mapfre’s New York subsidiary ... Earlier this year, the company acquired 21st Century National Insurance Co. and its New York auto insurance business. Plymouth Rock announced ... read more

MAPFRE Insurance Set to Exit New York, New Jersey Markets

MAPFRE Insurance has entered into definitive agreements with affiliates of The Plymouth Rock Company to exit the states of New York and New Jersey as part of MAPFRE’s previously announced strategy to focus on its core states and lines of business. read more

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A.M. Best Places Credit Ratings of MAPFRE Insurance Company of New York Under Review With Negative Implications

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of MAPFRE Insurance Company of New York (MAPFRE NY) (Garden City ... read more

Mapfre unit placed under review with negative implications after acquisition

the parent company of Mapfre NY, that MAPFRE NY will be acquired by Massachusetts-based Plymouth Rock Assurance Corporation. The transaction involves both personal auto and home insurance business in New York. AM Best said the negative implications are due ... read more

MAPFRE completes business reorganization in US

... an agreement with Plymouth Rock Company to sell its operations in the States of New York and New Jersey, which is part of the divestment process in non-priority markets. In the case of New York, it will sell MAPFRE Insurance Company of New York ... read more

A.M. Best Comments on Credit Ratings of Various Plymouth Rock Affiliates and Managed Entities Following Acquisition Announcement

Additionally, other Plymouth Rock-managed entities ... All companies, excluding ACIC, are headquartered in Red Bank, NJ. The purchase of MAPFRE Insurance Company of New York includes personal automobile and home insurance business written in New York. read more

Five things you need to know today, and Tommy, can you hear me?

Greg Ryan reports that Plymouth Rock Assurance Corp. has agreed to acquire fellow Massachusetts-based insurer Mapfre’s auto and home insurance business in New York state, the latest move in Plymouth's larger plan to crack the Empire State market. read more


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