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All policies
purchased through CPH and Associates are underwritten by Philadelphia Indemnity
Insurance Company. Philadelphia Insurance is a publicly traded company
(NASDAQ-PHLY) rated A+ ("Superior") for financial strength by AM Best
and Co. This rating is assigned to those companies that are determined to
have a "superior ability to meet their ongoing obligations to
policyholders."
Philadelphia
Consolidated Named to Forbes' 2008 Platinum 400 list of America's Best Big
Companies
BALA CYNWYD,
Pa., Jan 04, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
Philadelphia Consolidated Holding Corp. (Nasdaq: PHLY) announced that Forbes
magazine has ranked it on their 2008 Platinum 400 list of America's Best Big
Companies. Philadelphia Consolidated was among over 1,100 corporations that
were evaluated for inclusion on the list by ranking them against their industry
peers on five-year and 12-month sales and earnings growth, and total return to
shareholders.
"We are
extremely proud of Forbes' recognition of our performance," said James J.
Maguire, Jr., President and CEO. "This is the eighth year we've been named
as one of Forbes' best Companies and the second consecutive year we have been
recognized as a top performer on their Platinum 400 list of America's Best Big
Companies. This is a testament to our commitment to high achievement and drive
to differentiate our products and financial strengths in the marketplace."
In operation
since 1962, PHLY designs, markets and underwrites commercial property/casualty,
personal lines and professional liability insurance products incorporating
value added coverages and services for select industries. The Company, whose
commercial and personal lines subsidiaries are rated A+ (Superior), and A-
(Excellent), respectively, by A.M. Best Company 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
45 offices strategically located across the United States to provide superior
local service.
To view
Philadelphia’s Financials, please click the link below. http://investor.phly.com/phoenix.zhtml?c=60675&p=irol-fundsnapshot
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