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1751
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Union Fire Company members request Benjamin Franklin &
Philip Syng to meet with other fire company representatives to discuss
matters to benefit the city’s inhabitants.
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1752
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February 4, 1752 Pennsylvania Gazette announces a
meeting of subscribers to the articles of insurance to determine how to
execute them on the following Saturday.
February 18, 1752 Pennsylvania Gazette invites all
interested in subscribing to the articles of insurance to call at the Court House
on Saturday afternoons until April 13.
April 13, first organizational meeting of The Philadelphia
Contributionship for the Insurance of Houses from Loss by Fire.
May 11, first meeting of directors.
May 20, Hugh Roberts asked to order fire marks from John
Stow.
June, surveying of prospective properties began Office
advertised as being kept by Joseph Saunders, in Water Street.
June 2, first policy approved; insurance to take effect
June 26.
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1753
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First fire loss.
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1754
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Directors’ fines paid for buckets for city’s watch houses.
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1755
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After fire at Edward Shippen’s house, directors ordered
fire marks to be put up on all insured properties.
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1761
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Survey completed on Pennsylvania Hospital; first
institutional policyholder.
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1763
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Establishment of common account for interest moneys to be
used for office expenses and losses.
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1764
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Placed milestones at mile intervals along the northern
road leading to Trenton, 2 more were placed along the road leading to New
York from fines collected from absent or tardy directors.
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1765
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Placed milestones along the southern route to New Castle, within Pennsylvania border.
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1768
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Incorporation granted by the Pennsylvania Assembly.
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1769
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Incorporation confirmed by the Court of St. James.
Ban on insurance of wooden buildings.
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1777
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Paid Anthony Hill to sweep out chimneys in houses where
soldiers were quartered.
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1784
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Policyholders voted against insuring houses with trees in
front.
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1793
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Meetings deferred for several months because of yellow
fever epidemic.
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1795
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Worked with other insurance companies to petition city to
ban wooden buildings in heavily occupied sections of city.
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1806
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Joined with other insurance companies in making donations
to city’s fire companies.
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1810
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Act of Incorporation & Deed of Settlement amended.
Policies converted to perpetual coverage; ban on trees dropped.
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1823
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Additional deposit for trees dropped.
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1835
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Purchased property at 212 S. Fourth Street, 96 S. Fourth St.
Commissioned Thomas U. Walter to design and build office.
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1836
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New office completed.
Changes in Deed of Settlement permit company to write
insurance throughout the Commonwealth of Pennsylvania.
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1839
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Major fire at Front and Water Streets, 52 buildings
destroyed, 2 members of Good Will Fire Company killed.
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1850
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Major fire destroyed 354 buildings in the area between the
Delaware River and Second Street and from New Street to Callowhill Street.
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1866
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Marble portico replaced on building, curved marble
railings and mansard roof added.
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1894
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Raid on company.
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1895
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Company adopted policy of paying dividends; first dividend
paid 1897.
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1903
|
Company reintroduced fire marks at the request of
policyholders.
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1909
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Insuring of garages housing automobiles approved (allowed
briefly in 1905, then repealed until 1909).
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1915
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Company purchased an automobile.
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1918
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Purchased adjoining properties: 210 and 216 S. Fourth Street.
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1919
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Company purchased a car for surveyor, Burton Blair.
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1930
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Renovated 212 S. Fourth St; staff moved to 216 S. Fourth Street during repairs.
New garden plan implemented.
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1931
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Smoke damage protection added to standard policy.
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1948
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Extended coverage endorsements offered to policyholders;
protection against windstorm, hail, explosion, riot, civil commotion,
aircraft, vehicles and smoke.
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1950
|
Company lost its brick stable at the rear of the property
as the National Park Service increases park space. A footprint of the
foundation can be seen in the adjacent DAR Rose Garden.
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1952
|
Company celebrated its 200th anniversary and
publishes its history: A Philadelphia Story by Nicholas
Wainwright.
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1956
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Purchased properties 218-224 S. Fourth Street.
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1960
|
Formed subsidiary company to write term homeowners
insurance: The Philadelphia Contributionship Insurance Company.
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1964
|
Purchased 208 S. Fourth Street.
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1969
|
Major restoration of 212 S. Fourth Street; company moved
to 218-220 S. Fourth Street for duration.
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1979
|
212 S. Fourth Street declared a National Historic
Landmark.
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1982
|
Beginnings of company’s involvement with home security
industry.
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1983
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First perpetual homeowners policy written.
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1986
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Acquisition of Germantown Insurance Company.
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1987-88
|
Built addition to 208 S. Fourth Street.
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1991
|
PC Security changed its trade name to Vector Security.
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1993
|
Franklin Agency opened.
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2002
|
Company celebrated its 250th anniversary.
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2009
|
Establishment of The Philadelphia Contributionship Mutual Holding Company.
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2011
|
PCIC admitted to write property and casualty insurance in Delaware.
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2013
|
PCIC admitted to write property and casualty insurance in Maryland.
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