Philadelphia Insurance Companies (PHLY) is pleased to announce it will begin offering Chiropractor's Malpractice Insurance in several states. Chiropractors may now obtain policies in Alabama, California, Colorado, Idaho, Montana, South Dakota and Utah. Filing approval is anticipated for Mississippi, Ohio and Texas within the next 60 days with additional states to follow in 2010.
"Philadelphia Insurance Companies has provided Healthcare Professional Liability within its core non- profit commercial package offerings," remarked Howard E. Goldstein, Assistant Vice President of Management and Professional Liability Products. "Expanding into the practitioner market was a natural transition and represents a significant growth opportunity due to the expansion of the chiropractic field. We will bring the same excellence to underwriting, claims handling and service that has characterized our operations in all of our customer niches. Our ability to offer one-stop shopping for Business Owners Coverage (BOP), Crime, EPLI and other important coverages will also provide a strong advantage," added Goldstein.
Philadelphia Insurance Companies designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. In operation since 1962, the Company, whose commercial lines insurance subsidiaries are rated A+ (Superior) by A.M. Best Company and AA- for counterparty credit and financial strength by Standard & Poor's, is nationally recognized as a member of Ward's Top 50 and National Underwriter's Top 100. The organization has 50 offices strategically located across the United States to provide superior service.