High Point Auto Insurance Rating is Reaffirmed by A.M. Best Co.

Red Bank, NJ - December 10, 2008: High Point Companies (Red Bank, New Jersey), as a member company of the Palisades Group (Berkeley Heights, NJ), is pleased to announce that A.M. Best Co. has reaffirmed the financial strength rating (FSR) of B++ (Good) and issuer credit ratings (ICR) of "bbb" of the Palisades Group. The ratings are assigned stable outlooks.

"We are very pleased that A.M. Best has recognized that our company is financially strong. This acknowledgement of our financial strength when combined with our extraordinary service demonstrate that even in these difficult economic times policyholders can rest assured that we will be there when they need us," said the Group's Chief Executive Officer, Gerry Wilson.

According to A. M. Best's November 27th press release, the Group's financial strength rating and issuer credit rating with a stable outlook is based on the company's capitalization, earnings history and a well-established market position as a leading writer of personal lines business in New Jersey.

In addition, "The Group's positive operating income over the last five year period was generated as a direct result of it steady investment income, focused operating strategy and knowledge of local market conditions" as stated by A.M. Best Co.

High Point Auto Insurance (www.highpointins.com) is one of the largest auto insurance companies exclusively serving New Jersey customers. Customer Service is #1 for High Point customers. High Point Auto Insurance is a Plymouth Rock Managed Company and is underwritten by High Point Property and Casualty Insurance Company, 331 Newman Springs Road, Suite 304, Red Bank, NJ 07701-5692.