KBRA Affirms Ratings for The Philadelphia Contributionship Operating Companies and The Philadelphia Contributionship Mutual Holding Company
KBRA Affirms Ratings for The Philadelphia Contributionship Operating Companies and The Philadelphia Contributionship Mutual Holding Company
September 20th, 2023
The Philadelphia Contributionship is proud to announce that KBRA has affirmed our A- insurance financial strength rating (IFSR) for The Philadelphia Contributionship For The Insurance Of Houses From Loss By Fire, Inc. (TPC), The Philadelphia Contributionship Insurance Company, and Germantown Insurance Company. The outlook we have received for all ratings is Stable. This is a testament to our unwavering dedication to serving your insurance needs.
We want to extend our heartfelt gratitude to you, our agents and our loyal policyholders, for entrusting us with your insurance needs. It is your trust and support that continually drive us to achieve and maintain the highest standards in the industry.
As we move forward, The Philadelphia Contributionship remains dedicated to innovation, superior customer service, and financial stability, ensuring that we are always there for you when you need us most.
You can read KBRA’s Press Release Here.
About KBRA
Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.
About The Philadelphia Contributionship
The Philadelphia Contributionship (TPC) is the oldest property insurance company in the United States today, founded by Ben Franklin in 1752. Operating in Pennsylvania, New Jersey, Delaware, Maryland and Virigina, TPC works with independent agents to provide a variety of insurance coverages. The Philadelphia Contributionship has provided insurance protection to our customers for over two and a half centuries and strives to provide that protection in a personal way - putting people first, through uniquely personal service, strong partnerships and an unmatched history of financial stability.
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