Nationwide Insurance Company of Florida Confirmed as Financial Stability Rating® of A, Exceptional

Business Wire, Nov 28, 2005

COLUMBUS, Ohio -- Demotech, Inc. has confirmed that a Financial Stability Rating(R) (FSR) of A, Exceptional, remains in place for Nationwide Insurance Company of Florida (NICOF). The confirmation comes after NICOF received a capital infusion from Nationwide Mutual Insurance Company. NICOF is a wholly-owned subsidiary of Nationwide Mutual Insurance Company.

About Nationwide Insurance Company of Florida

Nationwide, based in Columbus, Ohio, is one of the largest diversified insurance and financial services organizations in the world, with more than $157 billion in assets. Nationwide ranks 99th on the Fortune 500 list. The company provides a full range of insurance and financial services, including auto, homeowners, life, health, commercial insurance, administrative services, annuities, mutual funds, pensions and long-term savings plans.

The Nationwide companies include the country's seventh-largest Property and Casualty, the fourth-largest homeowners and the sixth-largest auto insurance group. For more information, visit www.nationwide.com.

About Demotech, Inc.

Since 1985, Demotech, Inc., a Columbus, Ohio based financial analysis and actuarial services firm, has been serving the insurance industry, providing a wide range of services including pricing analysis, state filings assistance, Financial Stability Ratings(R) and support for other required regulatory reporting. Having worked with insurers of all sizes, Demotech possesses broad experience addressing actuarial and financial analysis issues, whether the issue is unique to a particular insurer or faced throughout the industry. Demotech was the first company to have its rating process formally reviewed and accepted by Fannie Mae, Freddie Mac and HUD.

Visit http://www.demotech.com for more information.