NFI PROGRAM RECOGNIZES SOUTHERN FAMILY INSURANCE

July 4, 2005

Tampa, Fla.-based Southern Family Insurance Co., a member of Poe Financial Group, was recognized by the National Flood Insurance Program during its recent annual conference in Marco Island, Fla., Southern Family Insurance, one of the NFIP Write Your Own flood insurance companies, was a recipient of the “Administrator’s Club Award” for the second consecutive year. The award recognizes WYO companies for their contribution to the growth of the NFIP program. Southern Family Insurance was one of five companies recognized nationally for their efforts.

Poe Financial Group was formed anew in 1996 and is the latest business venture of its founder W.F. Poe. Poe’s previous firm was Poe & Associates, a publicly traded company that was the largest property and casualty agency in Florida and the 12th largest in the nation when it was merged as Poe & Brown in 1993. Under the direction of founding businessman, William F. Poe Sr., Poe Financial Group was established in 1996 as Southern Family Insurance Co. By January 2003, Poe Financial had acquired Atlantic Preferred Insurance and formed Florida Preferred Property Insurance Co.

Poe Financial Group’s member companies, Atlantic Preferred Insurance Co., Florida Preferred Property Insurance Co. and Southern Family Insurance Co., offer a broad range of insurance services while specializing in homeowner (including condo-unit owner) and commercial habitational insurance. Poe Financial is one of the largest property insurers in Florida.