Merchants Ranked 13th Nationally, Surplus Over $200 Million & MORE!
January 26, 2021
Merchants Donates $4,000 to Food Bank of Iowa
Merchants’ associates raised $4,000 for the Food Bank of Iowa in 2020. That equates to 16,000 meals for children, families and seniors struggling with food insecurity in Iowa.
Merchants Ranked #13 Nationwide According to SFAA
The Surety and Fidelity Association of America recently released third quarter results and Merchants ranked number 13 nationwide while maintaining a low loss ratio of 1.6% compared to the industry average of 22.3%!
These results are a testament to Merchants associates’ commitment, hard work and dedication to consistency and common sense underwriting.
Merchants Surplus Hits Over $200 Million
Merchants hit a new milestone, with surplus doubling over the past 5 years to reach $200 million in 2020. Thank you to our associates and business partners for your support.