The industry continues to recognize Merchants’ performance with our placement in the Ward’s 50 group of top performing companies for 2023. Our inclusion is based on outstanding financial results over the last five years in the areas of safety, consistency and performance.
Ward’s is a trusted leader of benchmarking and best practices services for the insurance industry. They analyzed the financial performance of nearly 2,900 property-casualty companies to "identify the top performers based on objective data and subjective quality measures." Merchants' Chairman of the Board and President Larry Taylor says "the Ward’s 50 designation speaks to our strong capital position and outstanding underwriting results, and we're honored to be recognized alongside so many other notable companies."
Find the full list of 2023 Property-Casualty Ward's 50 companies HERE.