PHLY Philadelphia Consolidated Corp (MM)

BALA CYNWYD, Pa., July 30 /PRNewswire/ -- Philadelphia Insurance Companies (NASDAQ:PHLY) is proud to introduce its new Performing Arts product. Providing one of the broadest coverage forms in the market, PHLY's new Performing Arts product offers comprehensive coverage for General Liability, Property, Inland Marine, Automobile, Crime and Directors & Officers Liability. Eligible classes include both non-profit and for profit theaters, facilities, schools, camps and troupes. 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, +1-610-766-3227, , or Investor Relations, Joseph Barnholt, Assistant Vice President, Marketing Assistant Vice President, +1-610-617-7626, , both of Philadelphia Insurance Companies Web site: http://www.phly.com/

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