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Magna Carta Companies
Magna Carta Companies sells mutual commercial property and casualty insurance through Public Service Mutual Company and its subsidiaries, Paramount Insurance and Western Select Insurance. Offering services in select states, the group focuses on property, liability, and workers' compensation coverage for real estate firms and restaurants. The company also offers coverage to various small-to-medium sized businesses. Established as Public Service Mutual Company in 1925, the New York-based company was founded as a mutual insurance provider for companies in the taxicab business. The company changed its name to Magna Carta Companies in 2000.
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