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Wright Reports > Company Profile Report > C > Commerce Group Inc

Commerce Group Inc - Company Profile Snapshot

Company Profile: Commerce Group Inc
Ticker: CGI
Exchanges: NYSE
2007 Sales: 2,036,200,000
Major Industry: Financial
Sub Industry: Insurance Companies
Country: UNITED STATES
Employees: 2373

Business Description
Commerce Group Inc. The Group's principal activity is to provide property and casualty insurance. It operates in four operating segments: Property and Casualty Insurance-Massachusetts, Property and Casualty Insurance other than Massachusetts; Real Estate and Commercial Lending and Corporate and Other. It provides personal automobile, homeowners and commercial automobile insurance. The Group also offers commercial automobile, homeowners, inland marine, fire, general liability, commercial multi-peril insurance and umbrella insurance. The Group's principal subsidiaries include Commerce West Insurance Company, American Commerce Insurance Company, Citation Insurance Company and ACIC Holding Co Inc. On April 2, 2007 the group acquired State-Wide Insurance Company.

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