EXHIBIT 21

SUBSIDIARIES OF REGISTRANT

Registrant owned 100% of the outstanding stock of the following companies as of December 31, 2025, except as noted:

Name		State of Incorporation
Atlantic States Insurance Company		Pennsylvania
Southern Insurance Company of Virginia		Virginia
The Peninsula Insurance Company		Pennsylvania
Peninsula Indemnity Company*		Pennsylvania
Michigan Insurance Company		Michigan

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* Wholly owned by The Peninsula Insurance Company.