Frontier Insurance Group Reduces Staff

March 23, 2001

Frontier Insurance Group has announced plans to reduce staff at its Rock Hill, New York office by 67 people.

This reduction in work force follows the March 13 announcement that Frontier Insurance Company, Frontier’s primary operating subsidiary, would voluntarily withdraw from writing new and renewal insurance business.

“While implementing a reduction in workforce was difficult, it was necessary for our infrastructure and staffing levels to be adjusted during the period Frontier Insurance Company is not assuming risk,” said Harry W. Rhulen, President and Chief Executive Officer. “Only certain functions and positions are required to support our current business operations, and staffing levels will continue to be evaluated.”

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