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PMACA Pma Capital Corp. (MM)

7.54
0.00 (0.00%)
Last Updated: 01:00:00
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 01:00:00

Midlands Introduces Public Entity Package

07/06/2010 4:46pm

Business Wire


Pma Capital Corp. (MM) (NASDAQ:PMACA)
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Midlands Management Corporation (www.midlandsmgt.com) announced that it has introduced a Public Entity Multi-Line Package designed for select public entity risks that want to gain more control over their casualty exposures by accepting a self-insured retention (SIR) and implementing a proactive claims management partnership and risk control program.

Through this program, Midlands provides both individual and pools of public entities with the opportunity to partner with an insurance carrier that can provide them with flexible SIR options, broad policy forms and competitive primary limits.

“By providing access to a stable and trusted market, as well as to first-rate TPAs, our Public Entity Multi-Line Package enables public entities to assume greater control over their insurance program,” said Richard Bird, Executive Vice President & COO at Midlands Management Corporation. “With two decades of experience and expertise in public entity business, we are committed to supporting broker clients by expanding our offerings with this truly all-lines program.”

The Public Entity Multi-Line Package can combine several coverages under one policy, including Comprehensive General Liability (CGL), Automobile Liability, Auto Physical Damage, Property, Workers’ Compensation (Buffer), Crime, Law Enforcement Liability (LEL) and Public Official Liability (POL). The program is open to public entities with populations above 20,000, including cities, townships, villages, counties, and scholastic and higher education institutions.

Coverage is provided on a non-admitted basis and features highlights such as:

  • All lines Basket Aggregate for SIR
  • Clash cover for SIR
  • Unintentional E&O Clause for Property
  • Sexual Abuse & Harassment Coverage
  • Employee Benefits Liability for POL
  • Occurrence and Claims Made Available
  • Broad Incidental Medical Malpractice
  • No Coinsurance Clause

The Public Entity Multi-Line Package is offered through Wholesale Brokers and Managing General Agents.

Agents and brokers seeking more information can reach Midlands at PublicEntity@midman.com or 800-800-4007.

Learn more about this program at the PMA Companies Booth #231 at the PRIMA 2010 Conference in Orlando.

About the PMA Companies

The PMA Companies (www.pmacompanies.com) provides risk management solutions and services, including workers’ compensation and property & casualty insurance, throughout the United States. Headquartered in Blue Bell, PA, the PMA Companies are the operating companies of PMA Capital Corporation (NASDAQ:PMACA), a holding company that includes the PMA Insurance Group, specializing in workers’ compensation and other commercial property & casualty insurance products; PMA Management Corp. and PMA Management Corp. of New England, providing results-driven risk management services; and Midlands Management Corporation, a managing general agent with a specialty in excess workers’ compensation, program administration and third party administration services.

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