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The Philadelphia Contributionship (TPC) was founded in 1752, largely through the efforts of Benjamin Franklin. It was structured as a mutual insurance organization, providing fire insurance to a limited area in and around Philadelphia. It introduced several key principles that underpin modern insurance techniques, including inspecting ...
New York Life Insurance Company (NYLIC) is the third-largest life insurance company [ 4 ] and the largest mutual life insurance company in the United States, [ 5 ] and is ranked #71 on the 2023 Fortune 500 list of the largest U.S. corporations by total revenue. [ 6 ] In 2023, NYLIC achieved the best possible ratings by the four independent ...
Franklin Resources, Inc. is an American multinational holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin ...
The first insurance company in the United States underwrote fire insurance and was formed in Charleston, South Carolina, in 1735. [4] In 1752, Benjamin Franklin helped form a mutual insurance company called the Philadelphia Contributionship, which is the nation's oldest insurance carrier still in operation.
This is a list of insurance companies based in the United States. These are companies with a strong national or regional presence having insurance as their primary business. In 1752, Benjamin Franklin founded the first American insurance company as Philadelphia Contributionship .
US$ 42 billion (2017) Number of employees. 1,000+ (2018) Website. ohionational.com. The Ohio National Life Insurance Company is a mutual insurance company. The Ohio National Life Insurance Company is headquartered in Cincinnati, Ohio, United States. Along with its affiliated companies, the Ohio National group offers life insurance, annuities ...
John Hancock Financial. John Hancock Life Insurance Company, U.S.A. is a Boston -based insurance company. Established April 21, 1862, it was named in honor of John Hancock, a prominent American Patriot. In 2004, Canadian multinational life insurance company Manulife Financial acquired John Hancock and operates it as an independent subsidiary.
Number of employees. 5,500. Website. fm.com. FM (formerly FM Global) is an American mutual insurance company based in Johnston, Rhode Island, United States, with offices worldwide, that specializes in loss prevention services primarily to large corporations throughout the world in the Highly Protected Risk (HPR) property insurance market sector.