Commerce Group Inc.

News & Analysis

commerce group inc. - All News and Analysis

• The Commerce Insurance Company Asks Court to Review New Massachusetts Residual Market Rules

  - 2005-01-05

  WEBSTER, Mass. -- The Commerce Insurance Company, a wholly owned subsidiary of The Commerce Group, Inc. (NYSE:CGI), filed an action today in Massachusetts Superior Court, Suffolk County, in response to the new rules published by the Division of Insurance for the automobile residual market system. Commerce is asking the Court...

  Tags: Commerce Group Inc., Commerce Insurance Co.

• Transfer of Massachusetts Personal Automobile Business from MassWest Insurance Company to The Commerce Insurance Company

  - 2002-07-16

  Business Editors The Commerce Group, Inc. (NYSE:CGI) today announced that it entered into an agreement on July 15, 2002, with MassWest Insurance Company for the transfer of Massachusetts personal automobile business written by MassWest to The Commerce Insurance Company, effective November 1, 2002. Under terms of the agreement, Commerce...

  Tags: Commerce Group, Commerce Group Inc., Commerce Insurance Co.

• Transfer of Massachusetts Personal Automobile Business from Berkshire Mutual Insurance Company to Commerce Insurance Company

  - 2001-10-04

  Business Editors WEBSTER, Mass.--BUSINESS WIRE--Oct. 4, 2001 The Commerce Group, Inc. (NYSE:CGI) today announced that it entered into an agreement on September 28, 2001, with Berkshire Mutual Insurance Company for the transfer of Massachusetts personal automobile business written by Berkshire to Commerce Insurance Company, effective January 1, 2002....

  Tags: Commerce Group, Commerce Group Inc., Commerce Insurance Co.

• The Commerce Group, Inc. Announces Completion of Acquisition

  - 1999-01-29

  WEBSTER, Mass.--BUSINESS WIRE--Jan. 29, 1999--The Commerce Group, Inc. (NYSE:CGI) and AAA Southern New England (AAA-SNE) today stated that a joint venture owned by them has completed the previously announced acquisition of Automobile Club Insurance Company ACIC from the American Automobile Association Incorporated AAA and the California State Automobile Association Inter-Insurance...

  Tags: acquisition, Business Wire, California State Automobile Association, Commerce Group Inc., FINANCE, Investment, Massachusetts

• The Commerce Group, Inc. and AAA Southern New England Agree To Acquire Automobile Club Insurance Company

  - 1998-11-03

  WEBSTER, Mass.--BUSINESS WIRE--Nov. 3, 1998--The Commerce Group, Inc. (NYSE:CGI) and AAA Southern New England (AAA-SNE) today announced that a joint venture owned by them has entered into a definitive agreement to acquire Automobile Club Insurance Company ACIC from the American Automobile Association Incorporated AAA and the California State Automobile Association...

  Tags: Business Wire, California State Automobile Association, Commerce Group Inc., FINANCE, Investment, Massachusetts

• Commerce Group, Inc. Directors Approve Regular Quarterly Dividend

  - 1998-08-21

  WEBSTER, Mass.--BUSINESS WIRE--August 21, 1998--The Board of Directors of The Commerce Group, Inc. (NYSE:CGI) today approved a regular quarterly cash dividend of $0.27 per share on the issued and outstanding common stock of the company payable September 18, 1998 to shareholders of record at the close of business on September...

  Tags: Business Wire, Commerce Group Inc., dividend, FINANCE, Massachusetts

• Commerce Group, Inc. Directors Approve Regular Quarterly Dividend

  - 1997-08-15

  WEBSTER, Mass.--BUSINESS WIRE--Aug. 15, 1997--The Board of Directors of The Commerce Group, Inc. (NYSE:CGI) today approved a regular quarterly cash dividend of $0.26 per share on the issued and outstanding common stock of the company payable September 19, 1997 to shareholders of record at the close of business on September...

  Tags: Business Wire, Commerce Group Inc., dividend, FINANCE, Massachusetts

• The Commerce Group, Inc. Signs Letter of Intent For Acquisition

  - 1995-02-23

  WEBSTER, Mass.--BUSINESS WIRE--February 23, 1995--The Commerce Group, Inc. (Nasdaq:COMG) announced today that it has signed a letter of intent to acquire a personal automobile insurer located outside New England. Completion of the transaction is subject to a number of conditions, including execution of definitive agreements and obtaining necessary regulatory...

  Tags: acquisition, Business Wire, Commerce Group Inc., Insurance

• The Commerce Group, Inc. Declares Dividend

  - 1994-11-18

  WEBSTER, Mass.--BUSINESS WIRE-- Nov. 18 -- The Board of Directors of The Commerce Group, Inc. (Nasdaq:COMG) has declared a quarterly dividend of 5 cents ($0.05) per share on the issued and outstanding common stock of the company payable December 16, 1994 to shareholders of record at the close of business...

  Tags: Business Wire, Commerce Group Inc., dividend, FINANCE, Massachusetts