National Interstate Names Key Management Promotions

August 12, 2005

National Interstate Corporation has promoted David Michelson to executive vice president and chief operating officer. In this newly created position, Michelson will be responsible for leading all business operations and for achieving the corporation’s written premium and underwriting profit objectives. Michelson joined the corporation in 1992 and will continue to report to Alan Spachman, National Interstate chairman and president.

Additionally, Terry Phillips is promoted to senior vice president. In his expanded role, Phillips will oversee claims and reinsurance and be responsible for agency programs and the new alternative transportation programs business units. Phillips, who joined the company in 1999, will report to Michelson.

National Interstate Corporation, founded in 1989 and based in Richfield, Ohio, is a specialty property/casualty insurer with a niche orientation and focus on the transportation industry.

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