Everest National Requests Rate Change in Nev.

October 22, 2002

Everest National Insurance Company, a subsidiary of Everest Re Group, recently filed a request for rate increase in Nevada.

The increase, if granted, would be placed in effect on policies in the Professional Liability for Social Services Professionals program, upon approval.

The requested effective date for new and renewal policies is Nov. 1, 2002.

The above proposed rate change is subject to review by the Insurance Division. It has the status of “filed rate request” until the Division deems it a “complete filing.” The Division will mail a Notice of Hearing to interested persons if and when a Hearing is scheduled.

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