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Plymouth Rock Assurance
Plymouth Rock Assurance is an insurance group that underwrites and manages property and casualty policies through independent companies in several US states.
==History==
Plymouth Rock was founded by Jim Stone in 1982. Stone was a former lecturer and Economics PhD graduate from Harvard University. He also worked as the Chairman of the Commodity Futures Trading Commission and was the youngest ever Commissioner of Insurance for the Commonwealth of Massachusetts. The first insurance company in the group, Plymouth Rock Assurance Corporation (PRAC), was formed in December 1982 and opened for business in October 1983. The company wrote its first policy on January 1, 1984〔(【引用サイトリンク】accessdate=August 29, 2013 )〕 and reported its first net income the following year.〔(【引用サイトリンク】accessdate=August 29, 2013 )〕
In March 1988, Plymouth Rock established the Pilgrim Insurance Company through its sister corporation, SRB. Pilgrim provides management and claims administration services to other auto insurance companies and underwrites commercial auto policies in Massachusetts.〔(【引用サイトリンク】date=March 1, 1989 )〕 In 1991, Plymouth Rock expanded into New Hampshire by founding Mt. Washington Assurance Corporation.〔(【引用サイトリンク】title=Company Overview of Mt. Washington Assurance Corporation )〕 The following year, it expanded its operations into New Jersey through Palisades Safety and Insurance Management Company, now known as Plymouth Rock Management Company of New Jersey.〔(【引用サイトリンク】accessdate=September 23, 2013 )〕 In 1995, Bunker Hill Insurance Company was incorporated, offering homeowners insurance in Massachusetts.〔(【引用サイトリンク】title=Company Overview of Bunker Hill Insurance Company )〕 PRAC expanded into Connecticut in 2002 and began writing policies that May.
In 2003, Palisades Safety and Insurance Association (PSIA) acquired The Prudential Property and Casualty Insurance Company of New Jersey and renamed the insurance group High Point. In 2007, Lancer Casualty Company was acquired by High Point and renamed Teachers Auto Insurance Company of New Jersey.〔(【引用サイトリンク】title=C. Company Profile )〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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