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$5 Million Dividend Distribution Announced

The Board of Directors of Physicians Insurance recently announced that the company will distribute $5,000,000 in dividends to eligible members during September 2008. Those eligible will receive a pro rata share of the total dividend based on their individual premium written from January 1, 1982, through September 1, 2008.

This is our way of saying "thank you" to our dedicated physician owners who contribute to the strength of Physicians Insurance. The distribution reflects the company’s mission of providing insurance coverage at the lowest possible cost consistent with sound financial and insurance practices. It’s about our rewarding eligible members for participation in their mutual company.

Contact your Physicians Insurance representative for more information about your eligibility in this dividend distribution plan.

Mary-Lou A. Misrahy, President and CEO
Physicians Insurance

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For all media inquiries, please contact:

David Kinard
Marketing and Communications
206-343-6618 or david@phyins.com



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