The following information was released by A.M. Best Company:
A.M. Best Co. has placed the financial strength ratings (FSR) of A+ (Superior) and issuer credit ratings (ICR) of "aa-" of GeoVera Insurance Company, USF&G Specialty Insurance Company (both domiciled in Hunt Valley, MD) and Pacific Select Property Insurance Company (Fairfield, CA) under review with negative implications.

For Best's Ratings, an overview of the rating process and rating methodologies, please visit Best's Rating Center:
http://www.ambest.com/

Effective August 5, 2005, Seneca Specialty Insurance Company was approved by DFS/OIR to write the following lines of business:
"...all lines of insurance for which applicant is eligible to write pursuant to the surplus lines provisions of the Florida Insurance Code..." as worded in the Consent Order.

      Company Information:
      Douglas Libby, President
      2999 North 44, Suite 250
      Phoenix, AZ 85012
      212-344-3000
      212-344-4576 FAX
      FEIN: 86-0902879
      Florida Code: S2238

Effective July 21,2005, Homeland Insurance Company of New York was approved as a foreign surplus lines insurer in the state of Florida to write the following lines of business:    010-Fire, 020-Allied Lines, 050-Commercial Multi-Peril, 090-Inland Marine, 170-Other Liability.

      Company Information:
      John CaVoores, President
      One Beacon Street
      Boston, MA 02108
      FEIN: 52-1568827
      Florida Code: S2237
      NAIC Co Code: 34452

Effective June 22, 2005, Allianz Marine & Aviation Versichreungs-AG was approved by DFS to write the following lines of business:
080 - Ocean Marine
220 - Aircraft 

      Company Information:
      Heinz-Werner Hof
      Grober Burstah 3