St. Johns appoints new President

August 23, 2006

We are pleased to announce the appointment of Reese I. Bowen to the position of President, St. Johns Insurance Company. Mr. Bowen had previously held the titles of Managing Director and Underwriting Director with St. Johns.

Mr. Bowen has over 35 years’ experience in insurance management, underwriting, product development and operations both domestically and internationally. In his career, he has held senior management positions with AIG Risk Management, Midland Intermediary and Coopers & Lybrand Risk Management Consulting. He is a graduate of Georgia State University.

“Our Board of Directors was unanimous in our selection of Reese,” said Chairman Jim McCahill. “Reese is uniquely qualified and deserving, and has been instrumental in St. Johns’ success from its founding.”

St. Johns is an Orlando, FL based company specializing in homeowner’s insurance.

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