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You are here: Home / News / Department of Financial Services Approves Plymouth Rock Acquisition of MAPFRE New York Subsidiary

Department of Financial Services Approves Plymouth Rock Acquisition of MAPFRE New York Subsidiary

January 3, 2019 By CollisionWeek Editor

Approval allows Plymouth Rock to continue its expansion into New York market.

New York State Financial Services Superintendent Maria T. Vullo announced that the State Department of Financial Services (DFS) has approved an application by Plymouth Rock Assurance Corporation to acquire MAPFRE Insurance Company of New York, a New York domestic property and casualty insurer, (MICNY).

Plymouth Rock Assurance logoThe acquisition was part of a deal for MAPFRE’s business in New York and New Jersey that was announced in June 2018.

 “This approval of this acquisition demonstrates the Department of Financial Services’ continuing commitment to maintaining a robust, competitive marketplace where consumers have

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Filed Under: News Tagged With: Acquisitions, MAPFRE, New York State, Plymouth Rock Assurance

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