Workmen’s Auto had a successful 2006! The Company’s loss reserves were proven to be more than adequate for the two prior year end evaluations and our investment portfolio increased its net return over prior years. Surplus grew via organic earnings and the expense ratio was further reduced as we successfully managed through the changing marketplace opportunities.

Workmen’s Auto has a Financial Stability Rating® of A, Exceptional, from Demotech, Inc. and the Company is currently rated B (fair) with a stable outlook by the A.M. Best Company.

At the end of 2006, Workmen’s Auto had $61 million in assets and reported $593,000 in net income. The net earned premium for the year grew to $53.5M, up 18% from the prior year. The Company’s plans for 2007 anticipate combined growth in premiums, income and surplus.