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Charlie Eison and David Jasmund Elected to Builders Insurance Group Board

ATLANTA, May 14, 2009 – Builders Insurance Group today announced that Charles A. Eison, Sr. and David J. Jasmund have been elected for a three year term to the Board of Directors of Builders Insurance (A Mutual Captive Company), a member company of Builders Insurance Group. Mike Ryan is stepping down from his Director post after serving 17 years.

"On behalf of Builders Insurance Group, I welcome Charlie and David in their new roles on the Board and look forward to the leadership and strategic direction they will contribute in service to the Company," said Allen Richardson, Chairman of the Board. "Each are successful businessmen who have established distinguished careers in their respective industries and they bring a wealth of knowledge and expertise that will help the Company grow profitably while meeting the needs of our partners.

"We also express our deepest gratitude to Mike Ryan for his service and dedication to the policyholders of Builders Insurance Group. His contributions to the Board have been very important to the Company’s success thus far and his leadership will be missed. We wish him all the best in his future endeavors."

Added Patrick Mitchell, Builders Insurance Group’s President and CEO, "Both Charlie and David are united with the Board, senior management team and staff in supporting our common goal of providing leading insurance products, competitive pricing and outstanding service to the residential, light commercial and artisan construction communities as well as select non-construction markets in all our territories." Charlie Eison is President of CARE-Bilt, Inc., which specializes in building custom and semi-custom homes, light commercial projects and major remodeling projects in Northeast Georgia. Eison has been a full time builder since 1987, but prior to that he held management positions in the electronics and computer engineering industry and began his career in submarine inertial navigation and as an electrical engineering instructor while serving in the U.S. Navy.

Eison has been active in building trade associations throughout his career and has assumed numerous leadership roles including: President of the Georgia Chapter of the National Association of the Remodeling Industries; member of the Greater Atlanta Homebuilders Association; President of the Home Builders Association of Northeast Georgia; and President of the Home Builders Association of Georgia. He has also been active in several community service organizations.

Eison and Jasmund Elected to Builders Insurance Group Board David Jasmund is a shareholder in PCE Investment Bankers, Inc., a leading investment bank for mid-market companies, offering its clients a full range of investment banking services including mergers and acquisitions support, business valuations, growth capital options, fairness opinions, advisory planning and research services. Prior to PCE, he cofounded and led the building of a group of insurance businesses from start-ups with three employees to an organization of approximately 1,200 employees with annualized revenues of more than $600 million. Jasmund received his B.S. in Agri-Economics from the University of Florida.

Jasmund has served as Chairman of the Coalition for the Homeless of Central Florida and on the Board of Directors of Florida Blood Centers, Inc. In addition, Jasmund has served 10 years on the Finance Committee of the Catholic Diocese of Central Florida and was a past active member of home builders associations throughout the Southeast.

About Builders Insurance Group

With more than 16 years of service, Builders Insurance Group has become the largest Workers' Compensation underwriter domiciled in Georgia and a leading provider of General Liability insurance throughout the Southeast. Builders Insurance Group works through a network of local, independent insurance agents to deliver insurance products tailored to the needs of the home building community. Headquartered in Atlanta, the Builders Insurance Group companies administer coverage to approximately 12,500 policyholders and are rated A- (Excellent) VIII by A.M. Best Company. Builders Insurance Group has three member insurance companies, Builders Insurance (A Mutual Captive Company), Association Insurance Company and Vinings Insurance Company.