Philadelphia Insurance Companies has pledged $50,000, along with $20,000 of executive donations, towards aiding American Red Cross relief efforts in the Philippines, and is matching all employee gifts.
PHLY's founder and chairman emeritus James J. Maguire is donating $10,000 and another $10,000 from the Maguire Foundation.
“We are saddened to hear the news and see the images of devastation and loss in the Philippines,” says Bob O'Leary, president and CEO of Philadelphia Insurance Companies. “We commend our partners at the Red Cross for their continued commitment to disaster relief and pledge our support to their efforts.”
Philadelphia Insurance Companies has donated more than $14 million to charitable causes and organizations since 1980. They recently funded Red Cross aid to Midwest tornado victims in May, and have donated to relief efforts after Hurricane Sandy, the Haiti earthquake, and the Japanese tsunami and earthquake.
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