Best's insurance stock indices.

Best's Insurance Stock Indices

(Dec. 31, 2004 = 1,000.00)

Four Weeks Ended June 15, 2006

                                              Percent Change

                                      Index   Month/   Year to   Year/
                                      Close    Month      Date    Year

Best's Insurance Composite Index   1,089.79    -1.10     -5.94    6.61
  Multi-Line Index (M)               981.46    -2.73     -7.98    5.22
  Property/Casualty Index (PC)     1,055.79    -0.74     -1.39    5.77
  Life/Health & HMO Index          1,216.55    -0.30     -7.76    8.61
    Life Index (L)                 1,269.40     0.15      3.91   21.94
    Health & HMO Index (H)         1,171.89    -0.74    -17.45   -2.16
  Brokers & Agents Index (B&A)       997.31    -2.14     -8.76   12.98
NYSE Composite Index               7,976.45    -2.11      2.87    9.42

                                                                 Month/
                                             Best's   Closing   Month %
Top 5 Performers                    Ticker    Index     Price    Change

1. Affirmative Insurance Holdings
     Inc                              AFFM       PC     15.40     21.16
2. James River Group Inc              JRVR       PC     26.99     11.07
3. Kentucky Investors Inc             KINV        L     26.65      9.90
4. National Western Life
     Insurance Co                    NWLIA        L    226.41      8.04
5. FBL Financial Group Inc             FFG        L     34.24      7.64

Bottom 5 Performers

1. Penn Treaty American Corp           PTA        H      7.60    -11.21
2. National Security Group Inc        NSEC       PC     16.11     -8.98
3. EMC Insurance Group Inc            EMCI       PC     27.44     -7.76
4. 21st Century Insurance               TW       PC     14.46     -7.07
5. Safety Insurance Group Inc         SAFT       PC     45.66     -6.99