Electric Insurance Revises Maine Auto Product

BEVERLY, Mass.--Feb. 1, 20060, 2006--Electric Insurance has expanded its automobile product reach in Maine by introducing additional price points. Using a multivariate pricing model, Electric has developed rate levels that will improve the Company's competitive position for a broader range of clients.

"We are broadening our reach in Maine while offering more competitive rates and providing our agency partners a total account solution. Our auto, home and umbrella lines are fully supported by a state of the art real-time web rating," says Mike Mucher, Vice President of Sales at Electric Insurance. "We understand the value agents place on ease of use and are delivering on our promises."

Electric Insurance is a premier provider of auto, homeowners, and umbrella insurance offered at competitive rates with outstanding customer service. The Company recently received top rankings from both the Connecticut and New York State Insurance Departments for having zero justified consumer complaints. Electric Insurance is a direct benefit provider of Personal Excess Liability insurance for the GE workforce. The Company has approximately $160 million in personal lines written premium for nearly 125,000 policyholders, and holds solid credit ratings of "A-/Excellent" from A.M. Best and "A/Strong" from Standard & Poor's.