PHLY Philadelphia Consolidated Corp (MM)

BALA CYNWYD, Pa., Sept. 12 /PRNewswire-FirstCall/ -- Philadelphia Insurance Companies (NASDAQ:PHLY) was recently named as one of the Best Places to Work in PA for 2008. This is the second year in a row the Company has received this award. The awards program, created in 2000, is one of the first of its kind offered by a state in the country. The program is a public/private partnership of Team Pennsylvania Foundation, the Pennsylvania Department of Community and Economic Development, the Pennsylvania Chamber of Business and Industry, and the Central Penn Business Journal. This statewide survey and awards program was designed to identify, recognize and honor the best places of employment in Pennsylvania, benefiting the state's economy, its workforce and businesses. The Best Places to Work in PA list is made up of 100 companies split into two groups: 50 medium-sized companies (25-250 employees) and 50 large-sized companies (251 or more employees). Philadelphia Insurance Companies has been named one of the Best Places to Work in PA in the large category. Eligible companies from across the state entered the two-part process to determine the 100 Best Places to Work in PA. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophies, systems and demographics. This part of the process was worth approximately 25% of the total evaluation. The second part consisted of an employee survey to measure the employee experience. Statewide, nearly 45,000 Pennsylvania employees filled out the survey. This part of the process was worth approximately 75% of the total evaluation. The combined scores determined the top companies and the final ranking. Best Companies Group managed the overall registration and survey process. Sr. Vice President, Human Resources & Operations, Deborah Sutton commented: "PHLY is proud to be recognized as one of the Best Places to Work in PA for the second year in a row. We remain committed to providing our employees with an excellent benefits program, a superior work environment, and a proactive approach for making responsible choices for their own wellness whether it be health related, financial or educational." 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 Philadelphia Insurance Companies will be recognized and honored at the Best Places to Work in PA evening awards ceremony on Tuesday, December 2, 2008, at the Hershey Lodge & Convention Center. The final rankings will be revealed at the ceremony. Tickets may be purchased online at http://www.centralpennbusiness.com/events. For more information on the Best Places to Work in PA program, visit http://www.bestplacestoworkinpa.com/ or contact Colleen Jones at the Central Penn Business Journal at or 717.236.4300. To locate your nearest PHLY 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: Paula Negro of Philadelphia Insurance Companies, +1-800-873-4552, ext. 3227 Web site: http://www.phly.com/ http://www.bestplacestoworkinpa.com/ http://www.centralpennbusiness.com/events

Copyright