Philadelphia Insurance Companies Announces New Substance Abuse Rehabilitation Facilities Product

http://www.earthtimes.org

BALA CYNWYD, Pa., June 4 /PRNewswire-FirstCall/ — Philadelphia Insurance Companies (Nasdaq: PHLY) proudly introduces its newest product niche, Substance Abuse Rehabilitation Facilities. Providing one of the broadest property coverage forms in the market, PHLY’s new Substance Abuse Rehabilitation Facilities product offers comprehensive coverage for Commercial General Liability, Professional Liability, Automobile, and Property. Coveragefor psychiatrists is also available.

Eligible classes include non-medical substance abuse rehabilitation centers, group homes for substance abuse clients, counseling and day centers, transitional housing, half-way houses, job placement and referral centers.

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.

o 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 Insurance Companies

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