Philadelphia Insurance Companies Announces New Contractor Environmental Coverage

BALA CYNWYD, Pa., Feb. 2 /PRNewswire/ -- Philadelphia Insurance Companies (PHLY) is pleased to announce the expansion of their Environmental product offering with the addition of Contractor Environmental and Professional Coverage (CEPC).

(Logo: http://www.newscom.com/cgi-bin/prnh/20090414/PH98853LOGO )

"Contractor Environmental and Professional Coverage is the next policy in our contractor's suite of coverages.  It is designed specifically to protect insureds from environmental and professional losses in all aspects of their business," remarked Susan Doering, Vice President and Director of PHLY's Environmental Division.  "We are pleased to offer this coverage to Construction Managers, General Contractors, Trade and Specialty Contractors, Environmental Professionals, Environmental Labs and other firms with both environmental and professional exposures."

Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. In operation since 1962, the Company, whose commercial lines insurance subsidiaries are rated A+ (Superior) by A.M. Best Company and AA- for counterparty credit and financial strength by Standard & Poor's, is nationally recognized as a member of Ward's Top 50 and National Underwriter's Top 100.  The organization has 50 offices strategically located across the United States to provide superior service.

Philadelphia Insurance Companies is the marketing name for the property casualty insurance operations of Philadelphia Consolidated Holding Corp., a Member of the Tokio Marine Group. In the United States, all products are written by insurance company subsidiaries of Philadelphia Consolidated Holding Corp. Coverage may not be available in all jurisdictions and is subject to actual policy language. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Non-insurance products and services may be provided by independent third parties.

To locate the office nearest you or for more information, visit us on the web at www.phly.com or contact Marisa Thornton at 610-538-2260.

SOURCE Philadelphia Insurance Companies