Non-Tech
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Philadelphia Consolidated Holding Corp. (PHLY)
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| An SI Board Since December 2006 |
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PHLY |
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Philadelphia Consolidated Holding Corp. and its subsidiaries, doing business as Philadelphia Insurance Companies, engage in the design, marketing, and underwriting of specialty commercial and personal property, and casualty insurance products in the United States. It operates through three segments: Commercial Lines, Specialty Lines, and Personal Lines. The Commercial Lines segment underwrites commercial multi-peril package insurance to nonprofit organizations, sports and recreation centers, homeowners’ associations, condominium associations, private, vocational and specialty schools, mental health facilities, and day care facilities; commercial automobile insurance for leasing and rent-a-car industries; property insurance for large commercial accounts, such as shopping centers, business parks, hotels and medical facilities; and inland marine products for larger risks, including new builders’ risk and miscellaneous property floaters. The Specialty Lines segment provides various insurance products covering management liability, employment practices liability, fiduciary liability, kidnap and ransom, work place violence, Internet liability, and errors and omissions. This segment serves lawyers; accountants; and marketing, management, computer, and marriage/family counseling consultants. The Personal Lines segment underwrites personal property and casualty insurance products for single family homes, mobile homes, condominiums, and rental dwellings. It operates primarily in Florida, California, New York, Pennsylvania, Texas, New Jersey, Massachusetts, Illinois, Ohio, Minnesota, Michigan, and Missouri. The company was founded in 1981 and is headquartered in Bala Cynwyd, Pennsylvania.
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