Philadelphia Insurance Companies Announces New Business Auto Fleet Product

BALA CYNWYD, Pa., June 6  /PRNewswire-FirstCall/ -- Philadelphia Insurance Companies (NASDAQ:PHLY) is proud to introduce its Business Auto Fleet product. Providing one of the Broadest Coverage forms in the market, PHLY's new Business Auto Fleet product offers comprehensive coverage for Automobile Liability and Automobile Physical Damage.

We offer coverage for a variety of vehicle types up to 26,000 pounds gross vehicle weight including private passenger autos, pickup trucks, trailers, cargo vans, box and panel trucks. A fleet must consist of 5 or more vehicles and the radius of local operations must be less than 100 miles. Eligible classes include artisan contractors, public administrations, property management companies, healthcare and educational administration services. This program includes at no additional charge, Electronic Auto ID Cards, Customized Loss Control Services, online endorsement requests and Interest-free installments.

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. 

DATASOURCE: Philadelphia Insurance Companies



CONTACT:  Media: Paula Negro, Assistant Vice President, Marketing,

[phone], , or Investor Relations: Joseph Barnholt,

Assistant Vice President, [phone], , both of

Philadelphia Insurance Companies



Web site:  http://www.phly.com/ 

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