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Philadelphia Consolidated Holding Corp., (the "Company"), (NASDAQ: PHLY) through its subsidiaries designs, markets and underwrites commercial property/casualty, professional liability and personal lines insurance products incorporating value added coverages and services for select industries or niches including, among others, nonprofit organizations; the health, fitness and wellness industry; select classes of professional liability; the rental car industry; automobile leasing industry; and personal property and casualty insurance products for the homeowners and manufactured housing markets. A select group of “preferred agents” and a broader network of independent agents supplement the production underwriting organization, which consist... More >>

Stock Quote
PHLY (Common Stock)
ExchangeNASDAQ GS (US Dollar)
Price$58.00
Change (%) Stock is Down 1.05 (1.78%)
Volume1,722,108
Data as of 11/20/08 4:00 p.m. ET
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Recent NewsMore >>
DateTitle 
11/12/08Philadelphia Insurance Companies Announces Appointment of Susan Doering
BALA CYNWYD, Pa., Nov. 12 /PRNewswire-FirstCall/ -- Christopher J. Maguire, Executive Vice President and COO of Philadelphia Insurance Companies (Nasdaq: PHLY) announced that Susan Doering has joined PHLY as a Vice President in the Specialty Lines/ Environmental Underwriting Division. In this position, Doering will work with senior management and clients to start a Full Service Environmental Underwriting Division. She brings 15 years of experience in the environmental insurance industr... 
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11/03/08Philadelphia Consolidated Holding Corp. Announces Approval of Merger with Tokio Marine by the Florida Office of Insurance Regulation
BALA CYNWYD, Pa., Nov 03, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Philadelphia Consolidated Holding Corp. (Nasdaq: PHLY) today announced that Tokio Marine Holdings, Inc. ("Tokio Marine") received approval of its proposed acquisition of control of the Company from the Florida Office of Insurance Regulation. On July 23, 2008, the Company and Tokio Marine entered into an Agreement and Plan of Merger (the "Merger Agreement") pursuant to which a wholly owned subsidiary of Tokio M... 
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10/23/08Philadelphia Consolidated Holding Corp. Shareholders Approve Merger with Tokio Marine
BALA CYNWYD, Pa., Oct. 23 /PRNewswire-FirstCall/ -- The shareholders of Philadelphia Consolidated Holding Corp. (Nasdaq: PHLY) approved a proposal at today's Special Meeting of Shareholders to adopt the Agreement and Plan of Merger dated as of July 22, 2008 among the Company, Tokio Marine Holdings, Inc. ("Tokio Marine") and Tokio Marine Investment (Pennsylvania) Inc. (the "Merger Agreement"). Over 77% of the outstanding shares of Company common stock voted on the proposal to adopt the... 
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10/23/08Philadelphia Consolidated Holding Corp. Third Quarter Results September 30, 2008
BALA CYNWYD, Pa., Oct. 23 /PRNewswire-FirstCall/ -- Philadelphia Consolidated Holding Corp. (Nasdaq: PHLY) today reported net income for the quarter ended September 30, 2008 of $50.0 million ($0.68 diluted earnings per share and $0.71 basic earnings per share). This compares to $96.2 million of net income ($1.30 diluted earnings per share and $1.37 basic earnings per share) for the quarter ended September 30, 2007. After-tax net realized investment gains (losses) were $(11.6) million... 
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