29.04.2005 18:41:00
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The PMA Insurance Group Names Stephen D. Warfel Senior Vice President
Business Editors
BLUE BELL, Pa.--(BUSINESS WIRE)--April 29, 2005--The PMA Insurance Group is pleased to announce that Stephen D. Warfel has been promoted to Senior Vice President & Chief Actuary of The PMA Insurance Group. Mr. Warfel is responsible for PMA's actuarial function, including loss reserving and support for pricing, product development, strategic planning, statistical reporting and financial support.
Mr. Warfel was previously PMA's Vice President & Chief Actuary. He joined the company in 1991 and has served in positions of increasing responsibility in PMA's Actuarial Department.
"Steve is a valuable asset for our company," said Vincent T. Donnelly, President and Chief Executive Officer of The PMA Insurance Group. "This well-deserved promotion reflects Steve's role as our company's senior actuarial officer. During the past several years, Steve has been an instrumental member of senior management, and effectively represents the organization to numerous external audiences."
A graduate of Temple University, Philadelphia, Pennsylvania, Mr. Warfel earned a Bachelor of Science degree in Business Administration. He is an Associate of the Casualty Actuarial Society and a member of the American Academy of Actuaries.
Mr. Warfel serves on the Pennsylvania Compensation Rating Bureau (PCRB) Actuarial Committee and the Delaware Compensation Rating Bureau (DCRB) Actuarial Committee. He was previously a member of the National Council on Compensation Insurance (NCCI) Actuarial Committee and the Casualty Actuarial Society (CAS) Reserve Committee.
The PMA Insurance Group is known for service excellence and high levels of customer satisfaction. As a performance-oriented workers' compensation specialist, The PMA Insurance Group also offers commercial automobile, commercial multi-peril, general liability, integrated disability management and group disability insurance to mid and large size employers.
With 17 offices from New York to Florida, The PMA Insurance Group is headquartered in Blue Bell, Pennsylvania. The PMA Insurance Group includes Pennsylvania Manufacturers' Association Insurance Company, Manufacturers Alliance Insurance Company and Pennsylvania Manufacturers Indemnity Company, which are subsidiaries of PMA Capital Corporation (NASDAQ:PMACA). PMA Capital Corporation had $3.3 billion in assets at December 31, 2004.
For more information, please visit our website at www.pmagroup.com
Editor's Note: Photo available upon request.
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CONTACT: The PMA Insurance Group Diane Schmidt, 1-800-222-2749, ext. 5136 Diane_Schmidt@pmagroup.com
KEYWORD: PENNSYLVANIA INDUSTRY KEYWORD: INSURANCE HUMAN RESOURCES BANKING MANAGEMENT CHANGES SOURCE: The PMA Insurance Group
Copyright Business Wire 2005
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