Florida’s Poe Financial Records Milestone

April 30, 2003

Calling it a milestone, Poe Financial Group of Tampa, Fla., reported as of April 28, 2003, the total combined written premium of its member companies have surpassed $200 million in annualized premium. Those companies include Atlantic Preferred Insurance Company, Florida Preferred Property Insurance Company and Southern Family Insurance Company.

Bill Poe Jr., President of the Poe Financial Group, stated, “Just about one year ago we were celebrating our $100 million benchmark. To achieve $200 million within this relatively short period of time is truly a remarkable accomplishment! We owe it all to our associates, whose hard work and dedication in serving our customers has been the cornerstone of our organization. Also, our Board of Directors and Advisory Board of Directors have provided valuable insight and strategic direction to our initiatives. Finally, none of this would be possible without the support and effort of our agency partners, reinsurers and our reinsurance broker (Guy Carpenter). Collectively, these individuals have done an extraordinary job and we appreciate their support. We are already setting our sights on $300 million!”

Poe Financial Group’s member companies offer a broad range of insurance and financial products and services. Poe Financial Group specializes in homeowner (including condo-unit owner), commercial residential and small business insurance risks.

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