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249:. Their Penn Mutual Tower project encompassed a third, higher modernist glass tower, the preservation and integration of the 1916 structure and the 1931 structure, and a move further east along Walnut which incorporated another unrelated historic property—but only as a facade, a freestanding scrim. That building had its own history as the Pennsylvania Fire Insurance Company Building, 508–10 Walnut Street, designed by
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and 6th Street. The 1916 building still stands. In 1931 the growing company built an equally boxy addition next door along Walnut, to the east, although the addition by architect Ernst J. Matthewson towered over the original with twenty stories of granite.
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tower standing immediately adjacent on
Chestnut. "The new building will have a front of 77 feet on Chestnut street and will be nine stories in height, with a tower 17 feet square, which will reach to a height of 175 feet." The architect was
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In 1860 the company moved into an existing building at 921–23 Chestnut that dated from 1810. In
February 1889 the company moved out, temporarily, so that property could be cleared to prepare for a new edifice "to be as high as the
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Penn Mutual's original
Philadelphia headquarters was erected in 1850–51 to designs by architect Gordon Parker Cummings, at the northeast corner of Third and Dock. The five-story building was the "first
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In 2017, Penn Mutual settled a lawsuit against it for $ 110 million, in which policyholders had charged that the company had improperly withheld surplus funds, rather than distribute them as dividends.
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Its subsidiaries include the brokerage firm Janney
Montgomery Scott (acquired in 1982), which as of 2020 had $ 90 billion in assets under advisement for its clients.
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261:. These three bays had been duplicated, and the cornice constructed, by Theophilus P. Chandler Jr. in 1902. The tower won an
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chartered in the United States. As of 2019, it had 3,140 employees, $ 3.7 billion in revenue, and $ 36.7 billion in assets.
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The Penn Mutual Tower (1975, left), 1931 addition (center), and 1913 headquarters building (right, hidden behind trees)
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Then in 1971–75, the company dramatically expanded its floorspace again at the same site. The architects were
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in
Philadelphia, and one of the earliest cast-iron buildings in the nation." It was razed in 1956.
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Pennsylvania Fire
Insurance Company, 508–510 Walnut Street, Philadelphia, Philadelphia County, PA
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529:. Philadelphia Inquirer (via newspapers.com, subscription req'd). 13 March 1889
507:. Philadelphia Times (via newspapers.com, subscription req'd). 22 February 1889
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In 1916 Penn Mutual moved to an entirely new headquarters designed by
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676:", 6 photos, 2 data pages, 1 photo caption page
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424:"Penn Mutual Settles Insurance Surplus Fund Suit for $ 110M"
617:(2nd ed.), Philadelphia: Foundation for Architecture,
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in 1838 originally with four stories, three bays, and the
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1433:Historic American Buildings Survey in Philadelphia
1423:Companies based in Montgomery County, Pennsylvania
1428:Financial services companies established in 1847
742:List of companies based in the Philadelphia area
585:. W. W. Norton & Company. p. 108.
1443:Mutual insurance companies of the United States
615:Philadelphia Architecture: A Guide to the City
711:
550:"Philadelphia's Victorian Architecture (pdf)"
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477:"Castner Scrapbook v.16, Companies 1, page 2"
327:"Consumer Information for Penn Mutual (2005)"
8:
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392:"About Us | Janney Montgomery Scott"
371:"About Us | Janney Montgomery Scott"
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257:and papyrus-leaf-column decorations of
1418:Brutalist architecture in Pennsylvania
579:Byard, Paul Spencer (1 January 1998).
505:"Another Big Chestnut Street Building"
442:
440:
684:Philadelphia Architects and Buildings
642:Philadelphia Architects and Buildings
357:"Janney: Growing by Poking at Giants"
7:
1448:1847 establishments in Pennsylvania
670:Historic American Buildings Survey
613:Gallery, John Andrew, ed. (2004),
455:Historic American Buildings Survey
162:Penn Mutual Life Insurance Company
20:Penn Mutual Life Insurance Company
14:
228:Old Federal Reserve Bank Building
86:David O'Malley, President and CEO
854:Other notable Philadelphia-based
263:American Institute of Architects
213:cupola", the conspicuously tall
179:Penn Mutual is headquartered in
25:
1109:Susquehanna International Group
727:Philadelphia-area corporations
527:"Site for the New Penn Mutual"
172:, in 1847. It was the seventh
1:
1253:Notable Delaware Valley-based
1173:Notable Delaware Valley-based
1054:Crozer Keystone Health System
1049:Christiana Care Health System
412:"Janney Montgomery Scott LLC"
355:Talati, Sonia (May 5, 2017).
275:Mutual Life Insurance Company
183:, just outside Philadelphia.
174:mutual life insurance company
16:Mutual life insurance company
481:Free Library of Philadelphia
294:"Penn Mutual Life Insurance"
57:; 177 years ago
47:Life Insurance and Annuities
1268:Cerberus Capital Management
1159:W. L. Gore & Associates
956:Morgan, Lewis & Bockius
1464:
946:Drinker Biddle & Reath
917:Notable Philadelphia-based
893:Philadelphia Media Network
672:(HABS) No. PA-1454, "
220:Theophilus P. Chandler Jr.
170:Philadelphia, Pennsylvania
164:, commonly referred to as
1184:Aberdeen Asset Management
919:professional partnerships
826:Universal Health Services
738:
688:Athenaeum of Philadelphia
646:Athenaeum of Philadelphia
448:"Architectural Data Form"
118:$ 36.7 billion USD (2019)
24:
1255:division headquarters of
457:. U.S. Dept. of Interior
106:$ 396 million USD (2019)
94:$ 3.7 billion USD (2019)
1438:John Haviland buildings
1336:(Johnson & Johnson)
1024:Brandywine Realty Trust
982:Valley-based businesses
883:Independence Blue Cross
800:(rank in the 2017 list)
760:(rank in the 2017 list)
1139:Vishay Intertechnology
1079:Liberty Property Trust
980:Other notable Delaware
157:
149:
1278:Johnson & Johnson
1229:Shire Pharmaceuticals
686:(PAB) project of the
644:(PAB) project of the
337:on September 26, 2007
265:Honor Award in 1977.
181:Horsham, Pennsylvania
156:Penn Mutual entrance.
155:
147:
74:Horsham, Pennsylvania
1239:Teva Pharmaceuticals
1224:Siemens Healthineers
1204:Delaware Investments
1034:Carpenter Technology
873:Day & Zimmermann
235:Edgar Viguers Seeler
1334:McNeil Laboratories
237:, at the corner of
215:Philadelphia Record
124:Number of employees
21:
1177:foreign businesses
1175:US headquarters of
1094:Rita's Italian Ice
1084:Penn Entertainment
971:White and Williams
201:cast-iron building
158:
150:
137:www.pennmutual.com
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989:Actua Corporation
844:Burlington Stores
820:Lincoln Financial
808:AmerisourceBergen
680:Penn Mutual Tower
638:Penn Mutual Tower
247:Mitchell/Giurgola
168:, was founded in
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1328:Sherwin-Williams
1154:Wilmington Trust
908:Urban Outfitters
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663:Official website
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554:journals.psu.edu
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333:. Archived from
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1019:Bentley Systems
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878:FMC Corporation
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308:. Penn Mutual
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1390:Tasty Baking
1374:Dow Chemical
1304:GSI Commerce
1088:
1069:EPAM Systems
1009:Aqua America
999:AlliedBarton
951:Duane Morris
903:Radian Group
751:Philadelphia
740:
692:
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596:. Retrieved
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557:. Retrieved
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531:. Retrieved
521:
509:. Retrieved
484:. Retrieved
480:
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459:. Retrieved
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428:. Retrieved
418:
407:
396:. Retrieved
394:. Janney.com
386:
375:. Retrieved
373:. Janney.com
365:
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339:. Retrieved
335:the original
321:
310:. Retrieved
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128:3,140 (2019)
113:Total assets
70:Headquarters
34:Company type
1194:AstraZeneca
1089:Penn Mutual
795:Fortune 500
755:Fortune 500
359:. Barron's.
255:winged suns
166:Penn Mutual
1412:Categories
1324:MAB Paints
1134:ViroPharma
1064:DuckDuckGo
966:Saul Ewing
931:Blank Rome
856:businesses
624:0962290815
598:17 October
559:17 October
533:17 October
511:17 October
486:17 October
461:17 October
430:2020-04-30
398:2020-04-30
377:2020-04-30
341:2007-01-06
312:2020-04-30
281:References
230:in 1931.)
101:Net income
82:Key people
1164:WSFS Bank
863:Amoroso's
224:Paul Cret
194:Buildings
1314:Hercules
1274:Centocor
1114:Vanguard
1044:Chemours
1039:Cephalon
1029:Boscov's
1014:Asplundh
888:Pep Boys
868:Chemtura
628:, p. 122
426:. Law360
269:See also
44:Industry
1380:SunGard
1340:Neoware
1318:Ashland
1288:Conseco
1244:TD Bank
1074:EnerSys
941:Dechert
793:-based
774:Aramark
768:Comcast
753:-based
133:Website
91:Revenue
60: (
52:Founded
1354:Exelon
1298:Exelon
1234:Subaru
1129:Unisys
1004:Ametek
994:Airgas
814:DuPont
621:
589:
239:Walnut
210:Record
38:Mutual
1199:Chubb
898:PREIT
846:(463)
840:(457)
834:(339)
828:(276)
822:(207)
816:(113)
782:(333)
776:(192)
451:(PDF)
1350:PECO
1308:eBay
1264:Acme
1149:Wawa
810:(11)
770:(31)
619:ISBN
600:2020
587:ISBN
561:2020
535:2020
513:2020
488:2020
463:2020
331:NAIC
160:The
62:1847
55:1847
1384:FIS
1360:QVC
1219:SAP
1209:GSK
1144:VWR
1104:SLM
838:UGI
226:'s
1414::
569:^
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