~~UNITED STATES~~ SECURITIES AND EXCHANGE COMMISSION ~~WASHINGTON, D.C. 20549~~

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)		February 1, 2007
MERCHANTS GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware	1-9640		16-1280763
(State or other jurisdiction of incorporation)	(Commission File Number)		(IRS Employer Identification No.)
250 Main Street, Buffalo, New York 14202
(Address of principal executive offices)
(716) 849-3333
(Registrant's telephone number, including area code)
(Former name or former address, if changed since last report.)

Date of Report (Date of earliest event reported): February 1, 2007

~~Check~~MERCHANTS ~~the~~GROUP, ~~appropriate~~INC. ~~box~~(Exact ~~below~~name ~~if the Form 8-K filing is intended to simultaneously satisfy the filing obligation~~ of ~~the~~ registrant ~~under~~as ~~any~~specified ofin ~~the~~its ~~following provisions (see General Instruction A.2. below~~charter):

~~[ ]~~Delaware (State or other jurisdiction of incorporation)

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


1-9640		16-1280763

(Commission File Number)		(I.R.S. Employer Identification No.)

[ ]


250 Main Street, Buffalo, New York		14202

(Address of principal executive offices)		(Zip Code)

~~Soliciting~~Registrant’s ~~material~~telephone ~~pursuant~~number, toincluding ~~Rule~~area ~~14a-12~~code: ~~under the Exchange Act~~ (~~17 CFR 240.14a-12~~716) 849-3333

~~[ ]~~(NOT APPLICABLE) (Former name or former address, if changed since last report)

~~Pre~~Check the appropriate box below if the Form 8-~~commencement~~K ~~communications~~filing ~~pursuant~~is intended to ~~Rule~~simultaneously ~~14d-2(b)~~satisfy the filing obligation of the registrant under any of the ~~Exchange~~following ~~Act~~provisions (17see ~~CFR~~General Instructions ~~240~~A.~~14d-~~2(b below)):

~~[ ]~~ o Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

~~Pre-commencement~~ o ~~communications~~Soliciting material pursuant to Rule ~~13e~~ 14a-~~4(c)~~12 under the Exchange Act (17 CFR 240.~~13e~~14a-~~4(c~~12))

~~Item~~ o 7Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.0114d-2(b))

~~Regulation~~ o FDPre-commencement ~~Disclosure~~communications pursuant to Rule 13e4(c) under the Exchange Act (17 CFR 240.13e-4(c))

~~A copy of a press release issued by Merchants Group, Inc~~Item 2.,02 ~~dated~~Results ~~February 1, 2007, announcing the approval~~ of ~~its~~Operations ~~proposed~~and ~~merger~~Financial ~~is furnished herewith as Exhibit 99.1.~~ Condition

~~Item~~ On 9February 1, 2007, Merchants Group, Inc.01 issued a press release announcing the declaration of a regular quarterly cash dividend on its common stock.

Item 9.01. Financial Statements and Exhibits

~~(c)~~ The following exhibit is furnished as part of this report:

~~Exhibits~~ Exhibit — 99 Press release dated February 1, 2007.

~~99.1 Press Release, dated February 1, 2007, of Merchants Group, Inc.~~SIGNATURES

~~SIGNATURES~~ Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


				MERCHANTS GROUP, INC.
Date: February 2, 2007
				By: /s/ Kenneth J. Wilson

				Kenneth J. Wilson
				Chief Financial Officer
				Treasurer

	MERCHANTS GROUP, INC.
	(Registrant)
Date: February 1, 2007	By:	/s/ Thomas E. Kahn
		Thomas E. Kahn
		Chairman of the Board

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EXHIBIT INDEX

Exhibit Number	Description
99.1	Press Release, dated February 1, 2007, of Merchants Group, Inc.

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