Cashion Named SunCoast Holdings Chief Legal Officer

January 13, 2005

Marvin J. Cashion has been named chief legal officer of Florida-based SunCoast Holdings Inc., the corporate parent for the company’s insurance operating subsidiaries, Brandywine Insurance Holding Company Inc. and Guarantee Insurance Co., both of Fort Mill, S.C.

Cashion has more than 30 years experience as an attorney in the insurance and reinsurance industries. He comes to SunCoast from a private practice as an insurance and reinsurance arbitrator/mediator, expert witness and consultant.

Cashion’s experience includes, in descending chronological order, the positions of group vice president and deputy general counsel of the CNA Insurance Group; managing director, general counsel and secretary of Crum & Forster Insurance Co.; vice president and assistant general counsel of General Reinsurance Corp.; counsel-insurance of General Electric Capital Corp. and assistant counsel of the former Frank B. Hall Co., now of Aon Corp.

Cashion authored The Insurance Exemption: Litigating Private Antitrust Actions, published by Shepard’s/McGraw Hill in 1988 and has lectured before a number of organizations on issues of insurance and reinsurance law and practice. He is a member of the American, New York and Connecticut Bar Associations.

“Our companies are pleased to have Cashion join our organization,” Steven M. Mariano, Chairman and CEO of SunCoast and Chairman of Guarantee Insurance Company said. “His wide range of experience will be very useful to our company as we continue to penetrate the market with new Guarantee products and services.”

Guarantee Insurance Company began writing workers’ compensation insurance products in January 2004. Guarantee is a regional workers’ compensation carrier specializing in traditional and alternative market opportunities with branch offices in Orlando, Fla.; St. Louis, Mo.; and Fort Mill, S.C. Other members of the Guarantee Insurance Company team are Lucia Tompkins, president, Lisa Barrett, executive vice president and chief administrative officer, and John Weitzel, interim chief financial officer.

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