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21st Century Insurance Company Expands Internet Presence

2 February 2000

21st Century Insurance Company Expands Internet Presence; Joins InsWeb Auto Insurance Marketplace

    WOODLAND HILLS, Calif.--Feb. 2, 2000--21st Century Insurance Company today announced that it is expanding its Internet sales capacity to offer products at www.insweb.com, the online shopping site of Redwood City, California-based InsWeb Corporation , and the Internet's leading insurance marketplace. 21st Century Insurance Company's policies will be available initially through InsWeb's insurance marketing website in California, and soon in the other western states of Arizona, Nevada, Oregon and Washington.
    "The combination of InsWeb and 21st Century Insurance Company's own online website provides a new strategic platform for reaching the millions of consumers who already utilize the Web to do their shopping," said 21st Century Insurance Company's Vice President of Marketing, Teresa K. Colpo. "Not only did we prepare to greet the new century with a new name, an additional headquarters building and expansion into new geographic markets, but also 21st Century Insurance Company continues forward to enhance sales efforts with the power of the Internet, THE marketing keyword for the year 2000 and beyond."
    Colpo noted that 21st Century Insurance Company was "one of the original companies that collaborated with InsWeb during its conceptualization and founding."
    "InsWeb's marketplace is revolutionizing the process of finding insurance by empowering consumers to compare products among direct writers such as 21st Century Insurance Company, exclusive agents, and independent agents at a single location -- a unique, digital, one-stop shopping environment," said InsWeb Vice Chairman, James M. Corroon.
    InsWeb is accessible at www.insweb.com as well as through 147 sites on the Internet, including Yahoo!, MSN, GO Network, Snap.com, Looksmart and E*TRADE. InsWeb has the largest network of online partners of any insurance site. InsWeb also operates marketplaces for health, term life, homeowners' and renters' insurance.
    Located in Redwood City, Calif., InsWeb is rated the Internet's No. 1 insurance site by Gomez Advisors and Lafferty Group, two independent companies that rank online sites. InsWeb was recently ranked one of the "50 Most Incredibly Useful Sites" by Yahoo! Internet Life.
    21st Century Insurance Company is a wholly owned subsidiary of 21st Century Insurance Group . Founded in 1958, the company was a pioneer of the direct-to-consumer marketing of personal automobile insurance, now available in California, Arizona, Nevada, Oregon and Washington. The company also provides home insurance in California. 21st Century Insurance is headquartered at 21st Century Plaza, 6301 Owensmouth Avenue, Woodland Hills, Calif., 91367, and its online Internet address is www.21stcenturyinsurance.com.

    Note to Editors: In the company name E*TRADE noted in this news release, there is an asterisk between "E" and "TRADE." This symbol may not appear properly in some systems.