FOR IMMEDIATE RELEASE

NAIC RELEASES ANNUAL

HOMEOWNERS INSURANCE REPORT

KANSAS CITY, Mo. (Feb. 8, 2007) - The National Association of Insurance Commissioners (NAIC) today announced the release of the 2004 Homeowners Insurance Report, which provides data on market distribution and average cost by policy form and amount of insurance.

The report provides countrywide and state-specific premium and exposure information for non-commercial dwelling fire insurance and for homeowners insurance package policies. It contains descriptions of the data and a discussion about the way certain economic, demographic and natural phenomena impact the price of homeowners insurance.

The data in the report includes written exposures (earned house years) and aggregate written premiums by state and countrywide for the 2004 data year. It contains three tables that show individual state and countrywide exposures by policy type, individual policy form, as well as amount of insurance coverage, which is divided into ranges with percentages of total exposures provided for each range.

Data for the report was collected from insurance statistical agents for all states, with the exception of Texas and California, both of which supply data directly to the NAIC. Data for Illinois is collected from insurance statistical agents, as well as State Farm Mutual Insurance Company.

Highlights of the report, which are available for viewing in the NAIC's Pressroom, include:

·        Sample: Countrywide Exposures, Premiums and Aggregate Premiums

·        State Average Premiums by Policy Form

·        Important Information (Caveats) about Comparing Average State Premiums

The tables shown contain countrywide exposures, premiums and average premiums for several different types of policies. The entire report has, among its many features, a state-by-state breakdown of this information.

The full report is available for purchase on the NAIC Web site at https://external-apps.naic.org/insPubs/.

About the NAIC

Headquartered in Kansas City, Missouri, the National Association of Insurance Commissioners (NAIC) is a voluntary organization of the chief insurance regulatory officials of the 50 states, the District of Columbia and the five U.S. territories. The NAIC's overriding objective is to assist state insurance regulators in protecting consumers and helping maintain the financial stability of the insurance industry by offering financial, actuarial, legal, computer, research, market conduct and economic expertise. Formed in 1871, the NAIC is the oldest association of state officials. For more than 135 years, state-based insurance supervision has served the needs of consumers, industry and the business of insurance at-large by ensuring hands-on, frontline protection for consumers, while providing insurers the uniform platforms and coordinated systems they need to compete effectively in an ever-changing marketplace. For more information, visit NAIC on the Web at: http://www.naic.org/press_home.htm

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