| 1933 |
Merchants Mutual Bonding Company is founded by E. H. Warner and Merle Milligan in Des
Moines, Iowa The company's first office was in the Valley Bank Building in downtown Des Moines. |
| 1934 |
In January, Merchants writes its first bond, a $1,000.00 permit bond
to sell beer, the premium was $12.00.
October 2, the company's first claim is received. It was a $1,000.00 fidelity bond written for the bookkeeper/cashier
of a southeastern Iowa business.
Merchants first full year in business. The company's surplus on December 31, 1934 was $791.01. |
| 1941 |
E. H. Warner's son, W. W. Warner, is employed by Merchants. |
| 1945 |
Merchants is admitted into the state of Nebraska as a nonresident
company. |
| 1949 |
In May, Merchants begins writing business in Kansas. |
| 1950 |
Merchants
relocates to 2100 Grand Avenue in Des Moines. This office served as the company's headquarters for forty-five
years. |
| 1951 |
Architects
redesigned the building to give it a more modern look. The third floor and the large, pitched roof were
removed. |
| 1962 |
W. W. Warner becomes president. |
| 1963 |
In February, Merchants begins writing business in Texas. |
| 1966 |
In April, Merchants begins writing business in Oklahoma. |
| 1969 |
Merchants opens a branch office in Austin, Texas. |
| 1970 |
In April, Merchants begins writing business in Arizona. |
| 1976 |
Merchants' Direct Premiums exceed $5 million. |
| 1981 |
In April, name changed from Merchants Mutual Bonding Company to Merchants Bonding Company
(Mutual). |
| 1982 |
In January, Merchants begins writing business in California. |
| 1985 |
In September, Merchants begins writing business in the state of Washington.
In October, William Warner Sr. is appointed as President and W. W. Warner is appointed Chairman of the
Board.
In October Merchants begins writing business in Minnesota.
In November, Merchants begins writing business in Michigan and Pennsylvania.
Merchants Direct Premiums exceed $10 million. |
| 1986 |
In February, Merchants begins writing business in Florida and in July, Missouri. |
| 1987 |
Merchants begins writing business in Nevada, New Mexico, and Colorado.
Merchants' Direct Premiums exceed $15 million. |
| 1988 |
Merchants begins writing business in South Dakota,
Idaho, North Dakota, Utah and Louisiana.
Merchants' Surplus exceeds $5 million. |
| 1989 |
In May, Merchants begins writing business in Illinois. |
| 1990 |
Merchants begins writing business in Montana, Wyoming, and Oregon.
Merchants' Direct Premiums exceed $20 million. |
| 1991 |
In January Merchants begins writing business in Wisconsin, Alabama, North Carolina,
Virginia, Indiana, and Georgia. |
| 1992 |
In February Merchants begins writing business in Arkansas, Tennessee, and South Carolina.
Merchants' Surplus exceeds $10 million. |
| 1993 |
In July, Merchants begins writing business in Ohio. |
| 1994 |
Merchants begins writing business in Mississippi and Kentucky. |
| 1995 |
In
October, Merchants begins writing business in Maryland.
In December, Merchants' headquarters moves to its current location at 2100 Fleur Drive.
Merchants' Surplus exceeds $15 million. |
| 1996 |
In
July, Merchants begins writing business in West Virginia and in August, Washington D. C.
In November, Larry Taylor is named President. |
| 1997 |
In March, Merchants begins writing business in Delaware.
Merchants' Direct Premiums exceed $25 million.
Merchants' Surplus exceeds $20 million. |
| 1999 |
Merchants' Surplus exceeds $25 million. |
| 2000 |
In
April, E. H. Warner is inducted into the Iowa Insurance Hall of Fame.
Merchants begins writing business in Alaska. |
| 2001 |
Merchants' Direct Premiums exceed $30 million.
Merchants' Surplus exceeds $30 million. |
| 2002 |
In October, Merchants begins writing business in
New Jersey. |
| 2004 |
In November, Merchants begins writing business in
Maine.
In December, Merchants begins writing business in
Hawaii.
|
| 2005 |
In February,
Merchants begins writing business in Rhode Island.
In April, Merchants begins writing business in
Vermont..jpg)
In July, the Merchants' headquarters building
addition is complete.
In August, Merchants begins writing business in New
York.
In September, Merchants begins writing business in
New Hampshire.
|
| 2006 |
In May, Merchants
begins writing business in Connecticut.
In July, Merchants
begins writing business in Massachusetts.
|
| 2008 |
Merchants
celebrates its 75th anniversary.
|