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Philadelphia Insurance names new COO



By AP
16 June 2008 @ 02:31 pm EST

BALA CYNWYD, Pa. - Property, casualty and professional liability insurer Philadelphia Insurance Cos. said Monday it named Christopher Maguire its new chief operating officer.

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Maguire, 43, previously served as the company's executive vice president and chief underwriting officer.

Shares of Philadelphia Insurance rose 64 cents to $38.42 in afternoon trading.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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