ABOUT USSIC
As a Texas domiciled property and casualty insurance company, U.S. Specialty Insurance Company (USSIC) operates on an admitted basis throughout the United States. USSIC specializes in aviation, occupational accident, alternative workers' compensation, professional indemnity and directors' & officers' liability insurance. As of December 31, 2007, USSC had statutory policyholders' surplus of $277.1 million, gross written premium of $490.0 million and net written premium of $345.0 million. USSIC is rated A+ by A.M. Best and AA by Standard and Poor's.

USSIC is a leading provider of Primary Employers Indemnity (PEI) coverage, available in Texas only. This program provides work related medical and wage replacement benefits. In addition, Employers Liability and defense cost coverages are also provided. This product is designed for employers who choose not to purchase workers compensation for their employees.

USSIC is a wholly owned subsidiary of HCC Insurance Holdings, Inc. (HCC), a leading international specialty insurance group headquartered in Houston, Texas. HCC has assets of $8.4 billion and its shares trade on the NYSE (symbol: HCC) with a market capitalization of over $2.5 billion.