New Officers Elected by Ponce de Leon Risk Retention Group Board of Directors

ST. AUGUSTINE, FL--(Marketwire - February 11, 2008) - Ponce de Leon LTC RRG, Inc., a leading provider of liability insurance to long-term care facilities in Florida, elected new Board leaders at a recent meeting here.

Raymond M. Johnson was elected Chairman of the Board. Johnson is President of LCPS Management Company, Inc. that operates retirement communities; Vicar's Landing in Ponte Vedra Beach and Glenmoor in St. Augustine, Florida. He has served on the Ponce Board since the Company was organized in 2001.

Jack M. Norton was elected President of the Board, succeeding Johnson. Norton is Executive Director of Mease Manor Retirement Community, Inc., a 450 resident Continuing Care Retirement Community on a 12-acre campus in Dunedin, Florida.

Ponce de Leon LTC RRG, Inc. opened for business in 2003. It was the first Risk Retention Group in the nation to serve the long-term care industry. Today, Ponce de Leon is a Florida market leader, providing General and Professional Liability Insurance to more than 700 Skilled Nursing, Assisted Living, Independent Living, and Continuing Care Retirement Communities in Florida.

Johnson succeeds Edwin B. Taylor, II, as Board Chairman. "Ed was a founder and first Chairman of Ponce de Leon. We salute him for outstanding leadership during the Company's first five years," Johnson said. Taylor is a consultant on marketing, public relations, and risk management to clients in the long-term care industry.

Johnson has more than 28 years of management experience in health care, having served as CEO of two hospitals, in addition to 18 years as Executive Director of Vicar's Landing. He is a Past Chairman of the Florida Association of Homes and Services for the Aging (FAHSA) and serves currently on the Board of the American Association of Homes and Services for the Aging (AAHSA). Johnson holds a BS degree from the University of Florida, and an MBA from the University of North Florida.

Norton has long been active in his community and profession. He serves currently as Chairman of Dunedin's Board of Finance and is Past Chairman of the Board, Florida Association of Homes and Services for the Aging (FAHSA). Norton holds a BA degree in finance from the University of South Florida.

Ponce de Leon is managed by The Uni-Ter Group of Atlanta, Georgia, leading provider of liability insurance to the healthcare industry through Risk Retention Groups. Uni-Ter manages RRGs that provide liability insurance to long-term care facilities in 44 states and medical malpractice insurance to physicians/surgeons in New York and nurses in Florida.

Sanford "Sandy" Elsass is President/CEO of Uni-Ter, the underwriting manager for Ponce de Leon.

"We're proud of the strong position Ponce de Leon has achieved in the Florida market in five short years, and we thank Ed Taylor for his enthusiastic and vocal leadership when the Company was in its infancy and Risk Retention Groups were little known. Today, Ponce de Leon is positioned for continued growth," Elsass said. He expressed appreciation to Johnson and Norton for accepting Board leadership and to Taylor for his important contributions. "All three have served on the Board for years, providing essential continuity."

For more information, contact Mechlin Moore, MDM Communications (239-777-1595 mmoore7412@aol.com) and be sure to visit our web site, www.poncedeleonrrg.com.

Contact Information: Contact: Mechlin Moore MDM Communications 239-777-1595