Exciting News! New Commercial Contractor Facility!

June 12, 2006

Las Vegas, NV – The principals of Summit Insurance Services and HDR Insurance Services have formed a joint venture, Pinnacle Insurance Program Managers, Inc., effective June 1st 2006.

Pinnacle’s business mission is to develop unique products and programs providing a competitive advantage to our contracted agency partners.

Pinnacle Insurance Program Managers, Inc has entered into an Agreement with AmTrust North America, Inc. (A.M. Best rated A-, VII) for admitted commercial contracting business initially in California with plans for future Western State expansion. The program will be issued on State National Insurance Company paper (A.M. Best rated A, VII). Please visit http://app.monsoonemail.com/FileStorage/LinkedFiles/158/ElectriciansMAX%20list_tmp2741.pdf
for ElectriciansMAX list of eligible classes of business. Please visit http://app.monsoonemail.com/FileStorage/LinkedFiles/158/PremierMAX%20list_tmp2743.pdf
for PremierMAX list of eligible classes of business.

Thomas E. Jackson, President and CEO of Pinnacle, announced that Pinnacle has purchased the renewal rights to three of Summit’s specialty programs; ArborMAX, ElectriciansMAX, and PremierMAX. According to Tom, “These programs will become the blueprint for Pinnacle’s success. We expect to form other specialty contractor classes almost immediately with agents who might currently have specialized knowledge within an industry group. We have been very successful working hand-in-hand with our agents. ArborMAX is a great example of a program that was initiated by a successful agent who had specialized knowledge and marketing power within an industry. Pinnacle will draw on additional resources to design coverages, create custom technology solutions, implement loss control programs, and effectively manage claims.”

George C. Hill, CPCU and David O. Daniels, principals of HDR Insurance Services, have agreed to become Executive Vice Presidents and Pinnacle Directors. The combined reputation and expertise of the Pinnacle Management Team will enhance Pinnacle’s ability to deliver A-rated markets that will provide new product lines and programs.

Pinnacle is currently appointing California agents. For more information, please contact Tom Jackson at 702-254-8255 X114 or George Hill at 916-566-1000 X 7102.

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