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): April 30, 2004

                              MERCHANTS GROUP, INC.


             (Exact name of registrant as specified in its charter)



                 (State or other jurisdiction of incorporation)

                 1-9640                                  16-1280763

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

   250 Main Street, Buffalo, New York                       14202

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(Address of principal executive offices)                 (Zip Code)

      Registrant's telephone number, including area code:   (716) 849-3333

                                (NOT APPLICABLE)


(Former name or former address, if changed since last report)


                                TABLE OF CONTENTS

     Item 12.     Results of Operations and Financial Condition.

Exhibit 99 News Release

Item 12.    Financial Statements and Exhibits.

            On April 30, 2004, Merchants Group, Inc. issued a press release
announcing results for the quarter ended March 31, 2004. The text of the press
release is furnished as an exhibit to this Form 8-K. Under the rules and
regulations of the Securities and Exchange Commission, the exhibit and the
information in this Form 8-K are deemed to be furnished and not to be filed.

            The following exhibits are filed as a part of this report:

                  Exhibit No.                     Description
                     99             Press release dated April 30, 2004.


      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.

                                   By: /s/       Kenneth J. Wilson

                                   Kenneth J. Wilson
                                   Chief Financial Officer


                                  EXHIBIT INDEX

Exhibit No.


99                Press release dated April 30, 2004.