Philadelphia Insurance Companies Announces New Substance Abuse Rehabilitation Facilities Product
June 04 2008 - 10:40AM
PR Newswire (US)
BALA CYNWYD, Pa., June 4 /PRNewswire-FirstCall/ -- Philadelphia
Insurance Companies (NASDAQ:PHLY) proudly introduces its newest
product niche, Substance Abuse Rehabilitation Facilities. Providing
one of the broadest property coverage forms in the market, PHLY's
new Substance Abuse Rehabilitation Facilities product offers
comprehensive coverage for Commercial General Liability,
Professional Liability, Automobile, and Property. Coverage for
psychiatrists is also available. Eligible classes include
non-medical substance abuse rehabilitation centers, group homes for
substance abuse clients, counseling and day centers, transitional
housing, half-way houses, job placement and referral centers. In
operation since 1962, PHLY designs, markets, and underwrites
commercial property/casualty and professional liability insurance
products incorporating value added coverages and services for
select industries. The Company, whose commercial lines insurance
subsidiaries are rated A+ (Superior) by A.M. Best Company and A1
for insurance financial strength by Moody's Investors Services, is
nationally recognized as a member of Ward's Top 50, Forbes'
Platinum 400 list of America's Best Big Companies and Forbes' 100
Best Mid-Cap Stocks in America. The organization has 47 offices
strategically located across the United States to provide superior
service. To locate your nearest office or for more information,
visit us on the web at http://www.phly.com/ or contact Paula Negro
at 800-873-4552 ext. 3227. DATASOURCE: Philadelphia Insurance
Companies CONTACT: Media: Paula Negro, Assistant Vice President,
Marketing, +1-610-766-3227, , or Investor Relations: Joseph
Barnholt, Assistant Vice President, +1-610-617-7626, , both of
Philadelphia Insurance Companies Web site: http://www.phly.com/
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