Philadelphia Consolidated Holding Corp. to be Added to S&P MidCap 400 Index
July 11 2008 - 8:00AM
PR Newswire (US)
BALA CYNWYD, Pa., July 11 /PRNewswire-FirstCall/ -- Philadelphia
Consolidated Holding Corp. (NASDAQ:PHLY) reported that after the
close of trading on Monday, July 14 it will be added to the S&P
MidCap 400 Index. PHLY will be categorized in the Property &
Casualty Insurance Sub-Industry index. Previously PHLY was a
constituent of the S&P SmallCap 600 Index. 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 Consolidated
Holding Corp. CONTACT: Media: Paula Negro, Assistant Vice
President, Marketing, +1-610-766-3227, ; Investor Relations: Joseph
Barnholt, Assistant Vice President, +1-610-617-7626, , both of
Philadelphia Consolidated Holding Corp. Web site:
http://www.phly.com/
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