Headquarters: 2 N. 2nd St., Harrisburg, PA 17101
www.pennnationalinsurance.com
2009 Direct premiums written: $512 million
Key officers: Dennis C. Rowe, Chairman of the Board, Kenneth R. Shutts, President & Chief Executive Officer
Although its headquarters is still located in the same town as its founding, Penn National has grown quite a bit since its creation. The mutual insurance company offers personal and commercial property/casualty insurance products to Pennsylvania, Maryland, Delaware, New Jersey, Virginia, North Carolina, South Carolina, Tennessee, and Alabama. It also offers surety services that write fidelity, commercial, and contract bonds.
Some quick facts about Penn National Insurance:
A Pennsylvania farmer’s association founded the company in 1919 as the Pennsylvania Threshermen’s and Farmer’s Mutual Casualty Company. The company switched its name when its focus shifted from agri-business to general industry in the coming decades.
Penn National Insurance is #102 out of 1,000 property/casualty insurance organization in the country in regards to financials. It has total assets that exceed $1.3 billion and over $500 million in premium writings.
A.M. Best awarded the company with an “A-” rating for financial strength in 2009.
Source: Pennnationalinsurance.com, Hoovers.com
Compiled by Life Quotes, Inc. staff





