PHLY Philadelphia Consolidated Corp (MM)

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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