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Farmers Insurance Group (informally Farmers) is a U.S. insurer group of automobiles, homes and small businesses and also provides other insurance and financial services products. Farmers Insurance has more than 50,000 exclusive and independent agents and approximately 22,000 employees.id-Century Insurance Company became a subsidiary of the Farmers Insurance Exchange. Aside from the insurance coverage provided by the original three exchanges, Mid-Century offered insurance coverage for Inland Marine, robbery, burglary, personal lines, plate glass, selected bonds, and floaters.
Mercury Insurance Group History. Mercury Insurance Group was founded by George Joseph in 1961 as a low-cost alternative to larger insurance companies. The company operated solely in California until 1990. Today Mercury Insurance Group is the parent to a group of insurers that offer automobile insurance to individuals, which accounts for 80% of the companyâs business. Mercury also offers commercial auto insurance and homeowners, umbrella, mechanical breakdown, and fire insurance. The companyâs principal subsidiary is Mercury Casualty Company. Mercury Insurance Group trades publicly on the New York Stock Exchange under the ticker symbol MCY, is a member of the S&P 500, is #767 in the Fortune 1000, has 4,500 employees, and had $3 billion in revenue in 2013.