Agreement with MAPFRE U.S.A. Corp. and ACIC Holding Co., Inc. expands Plymouth Rock’s auto and home insurance business in New York and New Jersey.
Plymouth Rock Assurance Corporation reached agreement today to continue its expansion into the New York State insurance market with the acquisition of MAPFRE Insurance Company of New York, subject to regulatory approvals. The transaction involves both personal auto and home insurance business in New York. Additionally, Plymouth Rock also acquired replacement carrier rights for auto and home insurance business in New Jersey from American Commerce Insurance Company (ACIC), a MAPFRE company.
The acquisition follows Plymouth Rock