Thursday, July 10, 2008


I guess insurance companies are offering insurance to adoption agencies. Hmmm does the adoption industry need insurance?

Here is the story and the link.

BALA CYNWYD, Pa., July 10, 2008 /PRNewswire-FirstCall via COMTEX/ -- Philadelphia Insurance Companies (PHLY:

33.70, +0.68, +2.1%)
is proud to introduce its new Adoption Agencies product. Providing one of the broadest coverage forms in the market, PHLY's new Adoption Agencies product offers comprehensive coverage for General Liability, Professional Liability, Property, Inland Marine, Crime, Abuse and Automobile.
Acceptable classes include Hague accredited agencies handling both domestic and international adoptions. Adoption exposures written in conjunction with otherwise acceptable social service operations are also eligible.
In operation since 1962, PHLY designs, markets, and underwrites commercial property/casualty and professional liability insurance products incorporating value added coverages and services for select industries. The Company, whose commercial lines insurance subsidiaries are rated A+ (Superior) by A.M. Best Company and A1 for insurance financial strength by Moody's Investors Services, is nationally recognized as a member of Ward's Top 50, Forbes' Platinum 400 list of America's Best Big Companies and Forbes' 100 Best Mid-Cap Stocks in America. The organization has 47 offices strategically located across the United States to provide superior service.
To locate your nearest office or for more information, visit us on the web at or contact Paula Negro at 800-873-4552 ext. 3227.

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