Workmen’s Auto Earns Financial Stability Rating® of A, Exceptional
For Immediate Release

Los Angeles, CA, January 12, 2006– Workmen’s Auto Insurance Company, a writer of California homeowners insurance, has earned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc.  This level of FSR is applicable to insurers possessing exceptional ability to maintain liquidity of invested assets, quality reinsurance, acceptable financial leverage and realistic pricing while simultaneously establishing loss and loss adjustment expense reserves at reasonable levels.

FSRs summarize Demotech's opinion as to the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.  FSRs are based upon statutory insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  For more than a decade, FSRs of A or better have been accepted by the major participants in the secondary mortgage market, including Fannie Mae, Freddie Mac and HUD.  For more information about Demotech, Inc. and Financial Stability Ratings®, visit www.demotech.com.

Workmen’s Auto Insurance Company has been in business since 1949 and is one of the nation’s most respected writers of non-standard automobile insurance.  In 2000 Workmen’s Auto expanded its product offerings to include the Homeowners product line as it diversified its business.  The Homeowners product line has grown significantly and profitably over the last five years with a strong focus on underwriting and quality risk selection by the Company’s appointed professional independent agents and brokers.
To coordinate agency/broker appointments or to find the name of an agent or broker near you, please call Workmen’s Auto toll-free at (800) 697-6117 x 1211 or on the web at www.waic.com for more information.