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Monday, January 30, 2006

Electric Insurance Enhances New Jersey Auto Insurance Product

Press Release

BEVERLY, Mass.--(BUSINESS WIRE)--Jan. 27, 2006--Electric Insurance Company announced today that it has enhanced its private passenger auto product and, as a result, is expanding its marketing distribution in New Jersey. Electric Insurance has been writing business in New Jersey since incorporation in 1966, serving the needs of the General Electric employee population.

"We are extremely excited about increasing our presence in New Jersey," said Mike Mucher, Vice President of Sales at Electric Insurance. "Our new product allows us to expand our channels of distribution to attract customers who recognize the value of great rates and world-class service."

Consumers can now buy Electric Insurance's auto and home products through a select group of highly professional independent agent partners who share the Company's vision and values. Providing personal assistance to consumers using local New Jersey independent agents reinforces Electric Insurance's strong commitment to customer service. The Company continues to offer its products directly to GE employees and retirees in the New Jersey area at group discounted rates.

Later in first Quarter 2006, Electric Insurance will also make its products available directly to New Jersey consumers. Access will be offered via the Company's toll-free phone number, 1-800-227-2757, and newly designed website, www.electricinsurance.com.

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