BALA CYNWYD, Pa., July 11 PA-Phila-Consol-Hold
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.
SOURCE Philadelphia Consolidated Holding Corp.