Philadelphia Insurance Companies to Sponsor the 2007 Parkwa...( BALA CYNWYD Pa. Sept. 24 /- Phila...),Health

BALA CYNWYD, Pa., Sept. 24 /PRNewswire-FirstCall/ -- Philadelphia Insurance Companies (Nasdaq: PHLY) announced it will be a lead sponsor of the 2007 Parkway Run/Walk, Sunday September 30th, 2007 for the fourth year in a row. Over 50 PHLY employees and family members will participate in the event as runners, walkers or volunteers. Proceeds from the event benefit Children's Hospital of Philadelphia (CHOP). Information and registration for the event can be found at http://www.parkwayrun.com

During the week of September 24th, PHLY will gear up for the Parkway Run with PHLY's Pediatric Cancer Awareness Week. For the entire week, local schools in the Philadelphia area will join PHLY's fight against childhood cancer and donate a portion of their soft pretzel sales to benefit CHOP. Additionally, PHLY employees will hold department fundraisers which, together, will raise much needed funds for CHOP's Division of Oncology.

Commenting on PHLY's commitment to Children's Hospital of Philadelphia, President & CEO James J. Maguire, Jr., said: "We continue to support the battle against childhood cancer and are proud to sponsor the Parkway Run. As an industry leader, we feel a strong responsibility to give back to our community and CHOP has a reputation for being among the best in the research and treatment of pediatric cancer."

In operation since 1962, PHLY designs, markets, and underwrites commercial property/casualty, personal lines and professional liability insurance products incorporating value added coverages and services for select industries. The Company, whose commercial lines subsidiaries are rated A+ (Superior) by A.M. Best Company, is nationally recogn
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