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PMACA Pma Capital Corp. (MM)

7.54
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Pma Capital Corp. (MM) NASDAQ:PMACA NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 7.54 0 00:00:00

James Walsh Promoted to Vice President of Claims for PMA Management Corp., a PMA Company

14/10/2008 8:43pm

Business Wire


Pma Capital Corp. (MM) (NASDAQ:PMACA)
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PMA Management Corp. is pleased to announce that James Walsh has been promoted to Vice President of Claims for PMA Management Corp. (PMAMC), a third-party administrator providing claims administration, medical savings programs, risk control and loss management services, primarily to self-insured clients. In this role, Mr. Walsh is responsible for leading PMAMC’s growing claims operation, which currently handles over 18,000 open claims and operates throughout the eastern US with continuing expansion of its operations. Most recently, Mr. Walsh was Assistant Vice President of Eastern Region Claims for The PMA Insurance Group. During his nineteen-year tenure with the PMA, he has held positions of increasing responsibility. Mr. Walsh began his insurance career in 1984. “Jim's claim technical expertise, proven track record, and results-driven approach will help to ensure that our claims results continue to be among the best in the industry,” said Frank Altiere, president of PMA Management Corp. “We are deeply committed to continuing to achieve strong growth in our business and to provide valuable risk management services to our clients. Jim will play a vital role in executing our plan.” Mr. Walsh earned a Bachelor of Science degree in Business Management from Pennsylvania State University. He holds an Associate in Risk Management (ARM) designation and is completing the Chartered Property & Casualty Underwriter (CPCU) designation. The PMA Companies PMA Management Corp. is one of the premier third-party administrators in the industry, with a 94% business retention the last six years and average annual business growth in excess of 16% since 2002. A PMA Company, PMAMC is a subsidiary of PMA Capital Corporation (NASDAQ:PMACA), a holding company with assets of approximately $2.5 billion as of June 30, 2008. Other PMA Companies include The PMA Insurance Group, PMA Management Corp. of New England and Midlands Management Corporation. For more information, please visit our website at www.pmamc.com. Editor’s Note: Photo Available upon Request

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