Electric Insurance Company "Culture of Caring" at Work in the Community

BEVERLY, MA--(Marketwire - June 22, 2009) - Electric Insurance Company, a national, leading provider of personal and commercial lines insurance located in Beverly, MA, announced today that the Community Involvement Team at Electric Insurance (CITE) has successfully completed the Second Annual Electric Insurance Company Home Makeover at a home located on Cabot Street in Beverly. CITE is an all volunteer, all associate organization at Electric Insurance Company that is predicated on a broader organizational principle that "doing the right things is as important as doing things right." With both financial support and paid time off provided by the Company for these activities, CITE members select charitable organizations where monetary donations and hands-on volunteerism are balanced.

According to Bob Lessard, team lead for CITE, "The idea for the home makeover began several years ago when CITE volunteers who were involved in charitable events around the community noted a need for this type of support. The idea flourished into a full-blown plan and, in 2008, we were ready to host the first Electric Insurance Company Home Makeover event. It was so successful that we decided to do it again this year. There is a certain amount of pride that comes from not only seeing the transformation of the home, but also the joy that we are able to bring to the family."

Over two days, more than 100 volunteers, including those from Electric Insurance Company, Zampell Building Services of Gloucester, Odyssey Landscaping, and J.R. Construction, performed light repairs, painting, landscaping and more to the property. Further, Northeast Nursery and Moynihan Lumber also assisted by providing discounted supplies for the event.

The home makeover recipient, Cherie Gouthro, was referred to Electric Insurance Company by the WellSpring House of Gloucester and, as a One Family Scholar, just graduated with her JD from Massachusetts School of Law. The One Family Scholars program is committed to ending family homelessness by providing formerly homeless and at-risk single parents with flexible college scholarships as well as financial literacy, career development, and leadership training. The One Family Scholars program currently has five sites in the Boston area including: Boston, Brockton, Gloucester, Lowell and Malden.

In addition to the home makeover event, CITE works with a number of other local charitable organizations including Beverly Bootstraps, Danvers People to People Food Bank, The Food Project, The Salem Mission, Senior Care and the Beverly Council on Aging, among others.

Marc Meiches, president and CEO of Electric Insurance Company, said, "As one of the larger employers on the North Shore, we believe it is important to contribute to the communities in which we live and work. Our culture of caring is core to who we are and the way we view our policyholders, our associates, and the community. We believe community service projects are a great way to engage our associates and sharpen their collaborative problem solving skills while benefiting our North Shore neighbors."

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 800.227.2757.

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