United Wisconsin Insurance Receives Upgraded Rating by A.M. Best

May 12, 2006

A.M. Best recently announced that it has upgraded United Wisconsin Insurance Company (dba) United Heartland’s rating to a secure A (excellent) rating. This upgrade comes as part of a pooled rating with Accident Fund Group. United Heartland became part of the Accident Fund family in December 2005.

In considering this upgrade, A.M. Best noted the solid financial strength of United Heartland as part of Accident Fund Insurance Company of America’s family as well as the company’s future performance and ability to meet policyholders’ needs.

“We are very pleased at the outcome,” noted United Heartland President Emil Pfenninger. “Our performance as a worker’s compensation insurer has been very strong historically. It’s one reason A.M. Best ranked United Heartland fourth among the top ten best underwritten workers compensation companies nationally. Our new ownership by Accident Fund has already resulted in a series of good news announcements for our clients and agents, but this announcement is among the best of them,” Pfenninger said.

The details of the A.M. Best upgrade reflect the strength of the group’s earning performance, excellent capital position and market leadership in core states of operation, the written statement said.

Headquartered in New Berlin, Wis., United Heartland actively markets in Wisconsin, Illinois, Iowa, Indiana and Minnesota, and insures workers compensation clients across the country. United Heartland applies managed care techniques to workers compensation and offers many programs and services including a drug-free workplace program, medical cost management and risk management services. United Heartland’s business is underwritten by United Wisconsin Insurance Company, a wholly-owned subsidiary of Accident Fund Insurance Company of America.

For more information, visit United Heartland’s website at www.unitedheartland.biz.

Source: United Wisconsin Insurance Company

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