ProMutual Group Offers Protection for Physicians Affected by MIIX Insolvency

A Prior Acts Excess Coverage (PAEC) product designed for healthcare providers affected by MIIX Insurance Company's insolvency is now available through ProSelect Insurance Company, a member of ProMutual Group. Although former MIIX policyholders may receive assistance from the New Jersey Property Liability Insurance Guarantee Association (PLIGA), they may still lack adequate coverage if a claim is reported after April 9, 2008, and damages exceed PLIGA's $300,000 limit. The PAEC product specifically addresses these potential coverage gaps that may leave a healthcare provider at risk.

"There was concern within New Jersey's healthcare community that many physicians would be at risk following the MIIX insolvency," said Michael R. Kubik, vice president of marketing for ProMutual Group, a leading provider of medical liability insurance in New Jersey. "At ProMutual Group, we are dedicated to providing viable solutions that address the needs and challenges of healthcare providers. We saw an opportunity to better serve healthcare providers in New Jersey and designed PAEC to address these unique circumstances."

This special coverage is designed for former MIIX policyholders who are now insured with ProSelect, wish to move their coverage to ProSelect, or have retired and no longer need current coverage. Such physicians can purchase coverage for a three-year reporting period that will cover unreported incidents that occurred prior to termination of coverage with MIIX. This special protection is in excess of any other valid collectable coverage for losses that are first reported during that period. Coverage is available over all prior MIIX policies and tails.

ProMutual Group has worked with New Jersey's healthcare providers for close to a decade. Through ProSelect, it insures more than 3,000 physicians and many of the state's hospitals and facilities. Recently, the company made a sizeable donation to the New Jersey State Medical Society's Physician Health Services to promote physician well-being. Throughout the company's tenure in New Jersey, ProMutual Group has been an active supporter of state and local medical societies and associations.

For more information about ProMutual Group's products and services visit the company's web site at www.promutualgroup.com . You may also contact Nina Akerley to speak with a company representative at nakerley@promutualgroup.com or (617) 946-8665.

About ProMutual Group

ProMutual Group is one of the leading providers of medical liability insurance in the Northeast, insuring more than 18,000 physicians, surgeons, and dentists as well as a large number of hospitals, health centers and clinics. It is one of the top 10 medical liability insurance providers in the country based on direct written premium. ProMutual Group has in excess of $2.2 billion in net admitted assets, more than $600 million in policyholder surplus and nearly $320 million in direct written premium. ProMutual Group has an A.M. Best's rating of A- (Excellent), and is acknowledged as a leader in providing risk management and claim services to the healthcare community.

Based in Massachusetts, ProMutual Group member companies also operate in Connecticut, Maine, New Hampshire, New Jersey, Pennsylvania, Rhode Island and Vermont. ProMutual Group distributes its products through independent agents. For more information, visit ProMutual Group's web site at www.promutualgroup.com .

Media Contact: Nina Akerley (617) 946-8665 ProMutual Group 101 Arch Street, P.O. Box 55178 Boston, MA 02205-5178 www.promutualgroup.com Phone: 617.330.1755 Toll Free: 800.225.6168 Fax: 617.330.1748