Michael P. Flaherty Named Vice President and Senior Casualty Officer At Caliber One Management Company

Apr 30, 2001, 01:00 ET from Caliber One Management Company

    YARDLEY, Pa., April 30 /PRNewswire/ -- Caliber One Management Company
 announced April 23rd that Mr. Michael P. Flaherty has joined the company as
 Vice President and Senior Casualty Officer of Caliber One.  Mr. Flaherty will
 report to Ronald S. Austin, President and Chief Operating Officer.
     Prior to joining Caliber One, Mr. Flaherty spent the past three years with
 RSA Surplus Lines Insurance Services, Inc. in Glendale, California as Vice
 President and Manager of the Casualty Division responsible for casualty
 underwriting strategy and results.  Preceding that assignment, he spent
 12 years with Westchester Specialty Group as Regional Vice President-Casualty.
 He began his career as a Casualty Underwriter with Wausau Insurance Companies.
 Mr. Flaherty holds a BA in Economics from the University of California, Los
 Angeles.
     Commenting on Mr. Flaherty's appointment, Ron Austin said, "Mike will be
 responsible for helping to further develop Caliber One's casualty underwriting
 and marketing strategy, ensuring underwriting quality, evaluating new
 underwriting opportunities, identifying potential process improvements, and
 further developing our talented underwriting staff.  His 17-plus years of
 experience in the excess and surplus lines casualty arena will be a valuable
 asset to the company."
 
     Caliber One Management Company underwrites on behalf of Caliber One
 Indemnity Company.  Caliber One Indemnity Company, rated A, Excellent, by A.M.
 Best Company, Inc., is a wholly-owned subsidiary of PMA Capital Insurance
 Company, which has statutory surplus in excess of $500 million at December 31,
 2000.  Caliber One and PMA Capital Insurance Company are members of the
 PMA Capital Corporation (Nasdaq: PMACA), an insurance holding company
 headquartered in Philadelphia, Pennsylvania, with assets in excess of
 $3 billion at December 31, 2000.
     The primary product lines marketed by PMA Capital Corporation's
 subsidiaries include property and casualty reinsurance through PMA Re;
 worker's compensation, integrated disability and other commercial property and
 casualty insurance marketed in the Mid-Atlantic and Southern regions by PMA
 Insurance Group; and excess and surplus lines coverages through Caliber One.
 
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SOURCE Caliber One Management Company
    YARDLEY, Pa., April 30 /PRNewswire/ -- Caliber One Management Company
 announced April 23rd that Mr. Michael P. Flaherty has joined the company as
 Vice President and Senior Casualty Officer of Caliber One.  Mr. Flaherty will
 report to Ronald S. Austin, President and Chief Operating Officer.
     Prior to joining Caliber One, Mr. Flaherty spent the past three years with
 RSA Surplus Lines Insurance Services, Inc. in Glendale, California as Vice
 President and Manager of the Casualty Division responsible for casualty
 underwriting strategy and results.  Preceding that assignment, he spent
 12 years with Westchester Specialty Group as Regional Vice President-Casualty.
 He began his career as a Casualty Underwriter with Wausau Insurance Companies.
 Mr. Flaherty holds a BA in Economics from the University of California, Los
 Angeles.
     Commenting on Mr. Flaherty's appointment, Ron Austin said, "Mike will be
 responsible for helping to further develop Caliber One's casualty underwriting
 and marketing strategy, ensuring underwriting quality, evaluating new
 underwriting opportunities, identifying potential process improvements, and
 further developing our talented underwriting staff.  His 17-plus years of
 experience in the excess and surplus lines casualty arena will be a valuable
 asset to the company."
 
     Caliber One Management Company underwrites on behalf of Caliber One
 Indemnity Company.  Caliber One Indemnity Company, rated A, Excellent, by A.M.
 Best Company, Inc., is a wholly-owned subsidiary of PMA Capital Insurance
 Company, which has statutory surplus in excess of $500 million at December 31,
 2000.  Caliber One and PMA Capital Insurance Company are members of the
 PMA Capital Corporation (Nasdaq: PMACA), an insurance holding company
 headquartered in Philadelphia, Pennsylvania, with assets in excess of
 $3 billion at December 31, 2000.
     The primary product lines marketed by PMA Capital Corporation's
 subsidiaries include property and casualty reinsurance through PMA Re;
 worker's compensation, integrated disability and other commercial property and
 casualty insurance marketed in the Mid-Atlantic and Southern regions by PMA
 Insurance Group; and excess and surplus lines coverages through Caliber One.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X24350956
 
 SOURCE  Caliber One Management Company