Property and Casualty Subsidiaries

• The Commerce Insurance Company
• The Citation Insurance Company
• Commerce West Insurance Company
• American Commerce Insurance Company
• State-Wide Insurance Company

Insurance Business Overview

• Writing policies in 16 states
• 1,427,365 policies in force
• Rated A+ (Superior) by A.M. Best
• 60,224,021 shares outstanding
• History of consistent growth
• 2005 direct written premium of $1,857,658,000
• Among the largest personal auto insurers in US

* Information as of December 31, 2007