John (Jack) Farady Joins Electric Insurance Company Board of Directors

BEVERLY, MA--(Marketwire - March 16, 2009) - Electric Insurance Company, a national, leading provider of personal and commercial lines insurance products, announced today the election of John (Jack) Farady to the company's Board of Directors and appointment to the Audit Committee. As independent director and audit committee member, Farady will help provide oversight of the company's financial reporting and enterprise risk management.

After a distinguished, 27 year career with John Hancock Financial Services, most recently as Senior Vice President of Mergers & Acquisitions, Jack retired in 2004 following the merger of John Hancock and Manulife Financial.

Prior to his mergers and acquisition role, Farady held the position of Senior Vice President & Treasurer. Here he was instrumental in managing treasury operations, including banking relations and operations, securities custody and investments management. Farady was also responsible for the development and implementation of financial and asset management strategies at John Hancock, including borrowing, leverage, and risk-based capital strategies as well as capital planning and budgeting, rating agency relations, and risk management.

Farady has a BA in Mathematics from Boston College and an MBA and JD from Northeastern University. He also served a distinguished career in the United States Navy.

Chairman and CEO Marc Meiches said, "We are very pleased to announce the appointment of Jack Farady as a member of our Board of Directors at Electric Insurance Company. The objective of our company is to maintain a strong financial position while growing profitably during this tenuous economic climate. The knowledge and relations that Jack brings to our company will be a valuable asset in the execution of Electric Insurance Company's corporate strategy. We look forward to the industry expertise and objective advice Jack can provide as we move forward with growing our business."

About Electric Insurance Company

Electric Insurance Company (www.electricinsurance.com) is a national, leading provider of personal and commercial lines insurance products. Established in 1966 to specifically serve GE employees, Electric Insurance now extends its superior personal lines products and outstanding service to discerning consumers inside and outside of the GE community. Electric Insurance Company -- with credit ratings of "A" from A.M. Best and Standard & Poor's -- offers its auto, homeowners, condo, renters, and umbrella insurance through the web, select independent agents, or by calling 1-800-227-2757.

Contact Information: Contact: Kathy Cavolina 978-524-5649