Penn National Insurance
Penn National Insurance is a property-casualty mutual insurance company, headquartered in Harrisburg, Pennsylvania.
| Industry | Insurance |
|---|---|
| Founded | 1919 |
| Headquarters | |
Key people | Christine Sears (President, CEO)[1] |
| $36.4 million (2018)[1] | |
Number of employees | 820 (2018)[1] |
| Website | pennnationalinsurance |
History
Founded in 1919 by the Pennsylvania Farmers and Threshermen's Mutual Protective Association, under the name Pennsylvania Threshermen's and Farmer's Mutual Casualty Company, the company first provided only workers' compensation insurance for farm workers who operated steam-driven threshing machines. The company expanded into all lines of property-casualty insurance, and now does business in ten states (Pennsylvania, Maryland, Delaware, New Jersey, Virginia, North Carolina, South Carolina, Tennessee, Alabama, Wisconsin).
In December 2019, Penn National Insurance announced that Christine Sears will transition from president & CEO to CEO, and executive VP & COO Robert Brandon will assume the post of president. Sears also announced her planned retirement on August 31 from the company. Upon her resignation, Brandon is set to become president & CEO, while Sears remains on the company's board of directors.[2]
Products
Commercial auto insurance; Condo insurance; Renters insurance; and umbrella insurance.[3]
References
- "Penn National Insurance 2018 Annual Report". Retrieved 2020-01-02.
- "Penn National Insurance Executive Leadership Succession Announced: President & CEO Christine Sears Retiring; Exec. VP & COO Robert Brandon Elected President; John Foster Named Senior VP – Insurance Operations". www.businesswire.com. 2019-12-13. Retrieved 2020-02-24.
- "Penn National Insurance: Compare Ratings, Coverage & Discounts in 2020". clearsurance. Retrieved 20 May 2020.