October 24, 2014

Florida Business Profile

Main Street America Group

The Jacksonville-based insurance group has acquired Spring Valley Mutual Insurance Co.

Cynthia Barnett | 12/19/2011
CEO Tom Van Berkel
CEO Tom Van Berkel
Main Street America Group, a Jacksonville-based insurance company, has been on an acquisition spree, most recently acquiring Spring Valley Mutual Insurance Co. of Minnesota. Tom Van Berkel, chairman, president and CEO, says the move should give the company the foothold it needs in the Midwest. The company has nearly $900 million in premiums, insures more than 600,000 policyholders in 27 states and writes bonds in 44 states. Its homeowner/property obligations have soared recently after a series of catastrophic tornadoes and other events. The company usually sees only a few catastrophic events by midyear; this year, it's seen 16. But, the company says, its commercial, reinsurance and bond businesses remain strong.

Carol Brooks
Main Street's Jacksonville headquarters

Tags: Northeast

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Fabien Cousteau
Fabien Cousteau

This summer, Fabien Cousteau lived for 31 days aboard the Aquarius, an underwater research laboratory nine miles off the coast of Florida.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

How much do you get into Halloween?

  • I'm into it - parties, decorating, theme parks, whatever I can fit in
  • I just participate for the kids
  • Boo - I keep the lights off to avoid trick-or-treaters

See Results

Ballot Box
Subscribe