A.M. Best Downgrades Ratings of The Philadelphia Contributionship for the Insurance of Houses and Its Subsidiaries
A.M. Best has downgraded the financial strength rating to A from A+ and the issuer credit ratings to“ a+” from“ aa-” of The Philadelphia Contributionship for the Insurance of Houses from Loss by Fire, Inc. and its wholly owned subsidiaries, Philadelphia Contributionship Insurance Company and Germantown Insurance Company, collectively referred to as Philadelphia…
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