Electric Insurance Company Enters into Joint Marketing Agreement with Crowe Paradis Services Corporation

Companies poised to provide savings to insurance industry nationwide
BOSTON--(Business Wire)--
Crowe Paradis Services Corporation (CPSC), a leading Medicare compliance firm,
and Electric Insurance Company, a national, leading provider of personal and
commercial lines insurance, today announce a joint marketing agreement to expand
the distribution of CPSC`s full range of compliance services.

Under the agreement, CPSC and Electric Insurance will market a suite of
web-based, turnkey Medicare compliance services - including Medicare set asides,
Conditional payment investigation and negotiation, Medicare secondary payer
mandatory reporting, and Compliance assessments - to law firms that represent
property and casualty insurers and self-insured corporations that have Medicare
reporting obligations.

The offering comes to a marketplace currently bewildered with fully
understanding the Medicare claims reporting requirements, which go in effect on
Jan. 1, 2011. CPSC is prepared today to provide accurate, user-friendly
web-based compliance reporting for the property and casualty industry to ensure
that all Medicare compliance requirements are achieved.

Electric Insurance officials saw significant value in working with CPSC. "At
Electric Insurance, we seek to focus on our core competencies of risk, claims
and financial management and partner with best-of-breed providers to enhance the
service delivery," said Dean Murray, chief compliance officer for Electric
Insurance Company. "In this case, Crowe Paradis was by far the industry leader
in Medicare compliance services."

The relationship between Crowe Paradis Services and Electric Insurance was
initiated more than a year ago after Electric Insurance saw instant value with
CPSC`s MSP Navigator© compliance product - which easily manages all Medicare
requirements for personal line claims and the general liability and workers`
compensation claims Electric Insurance manages on behalf of General Electric.
Now with MSP Navigator, the adjuster has the ability to identify, manage and
track all claims in which Medicare is involved from their desktop. It also
provides control reports to be utilized by managers to confirm compliance.

Electric Insurance has already reaped the benefits of this working relationship
by being one of the first companies to utilize the Medicare Eligibility Query,
which ultimately led Electric Insurance to agree to market Navigator and the
full suite of Crowe Paradis compliance services to a national audience.

Kenneth J. Paradis, Esq., chief executive officer of Crowe Paradis Services
Corporation, looks forward to working with Electric Insurance. "We are proud to
be associated with Electric Insurance Company," said Paradis. "Given the
importance of Medicare compliance, we are eager to team up with Electric
Insurance to ensure that other firms have these tools in an ever-changing
compliance environment."

About Crowe Paradis Services Corporation

Crowe Paradis Services Corporation ("CPSC") is a results-driven Medicare
compliance firm addressing the broad spectrum of legal and clinical issues
facing insurance companies, third-party administrators and Fortune 1000
corporations today. By combining a best practices legal and clinical approach to
the Medicare Secondary Payer compliance challenge, the company has delivered the
highest quality and most significant savings on Medicare Set Asides and
Conditional Payment recoveries in the marketplace. CPSC offers the industry`s
only advocacy-driven, integrated medical and legal solution delivering a
cost-conscious medical analysis with unsurpassed legal insight. Founded in 2002
by a group of entrepreneurial attorneys with extensive experience in the group
disability, workers` compensation and health insurance markets, the company is
headquartered in North Reading, Mass., with offices throughout North America.
For more information about Crowe Paradis Services Corporation, visit the
company`s website at: www.cpscmsa.com or call 1-866-630-2772.

About Electric Insurance Company

Electric Insurance Company is a national, leading provider of personal and
commercial lines insurance. Established in 1966 specifically to serve GE
employees, Electric Insurance now extends its superior personal lines products
and outstanding service to discerning consumers inside and outside of the GE
community. Electric Insurance Company-with credit ratings of "A" from A.M. Best
and Standard & Poor`s-offers its auto, homeowners, condo, renters, and umbrella
insurance through the web, select independent agents, or by calling
1-800-227-2757.

PAN Communications
Andy Baron, 978-474-1900
croweparadis@pancomm.com
or
Electric Insurance Company
Kathleen Cavolina, 978-524-5649
kathy.cavolina@electricinsurance.com

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