Monday, September 21, 2009

CAIC to Enter Personal Lines Market

kemper insurance

HOUSTON, Sept. 21 /PRNewswire/ -- CAIC Holding Company, Inc. announced today,
that effective October 1, 2009, they will begin offering Personal Lines
coverages through their wholly owned subsidiary Commercial Alliance Insurance
Company ("CAIC").

CAIC has appointed JoAnn Schmidt as Vice President of the Personal Lines
Division to head this new Division. JoAnn brings more than 20 years of
experience in the personal lines industry, specializing in strategic planning,
product and financial management. Ms. Schmidt has served in numerous
management roles including product manager and regional underwriting manager
for Kemper Insurance Companies, where she led multiple initiatives across
sales, service, claims, and underwriting focusing on key business drivers
while implementing automated processes. Most recently, in her role as manager
of program business at Lincoln General Insurance Company, a subsidiary of
Kingsway Financial, Ms. Schmidt developed and executed strategic business
plans for managing general agencies including identifying increased
underwriting exposure through improved audit processes, producer management
reviews, rate reviews and catastrophe management programs.

Luis R. Bordes, President, said, "We are very fortunate to have retained the
services of Ms. Schmidt, who brings extensive knowledge and experience with a
proven track record of profitable results. The diversification of into other
product offerings is part of CAIC's mission to become a multi-line insurance

CAIC Personal Lines will specialize in offering non-standard automobile
initially serving the Texas market and other selected states. Plans are to
eventually add other specialty personal lines products.

Commercial Alliance Insurance Company (CAIC), is an insurance company
headquartered in Houston, Texas and licensed in eight states, that specializes
in writing non-resident (Mexico), private passenger, commercial automobile,
surety, Texas Non-subscriber insurance since 1998. During 2009, CAIC expanded
its product offerings to include Personal Lines Insurance products,
specifically Non-Standard Auto and Homeowners.

CAIC has assets of $25 million and is rated an A-(Excellent) by A.M. Best
Company and is approved by the U.S. Department of Treasury (T-Listed) to act
as surety on Federal Projects.

C. Byron Snyder
Chairman, CAIC Holding, Inc.
Tel. 713 - 960-1214 Fax 713-960-1474