WISCONSIN AUTOMOBILE INSURANCE PLAN



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WISCONSIN AUTOMOBILE INSURANCE PLAN P O BOX 3080 MILWAUKEE, WI 53201-3080 262-796-4599 Fax 262-796-4400 RALPH M. HERRMANN MANAGER CHERYL A. KORTH PLAN ADMINISTRATOR PLAN LETTER 669 AUGUST 23, 2002 TO: Members of the Plan 2002 ANNUAL MEETING Minutes of the Annual Meeting of the Plan held in the premises of the Cherry Hills Lodge, 5905 Dunn Road, Sturgeon Bay, WI 54235 on Friday, August 9, 2002. The meeting was called to order at 8:30 A.M. with the following members present: ORGANIZATION American Family Insurance Group American Family Mutual Insurance Company American Standard Insurance Company of WI EMC Insurance Companies EMCASCO Insurance Company Employers Mutual Casualty Company General Casualty Group General Casualty Company of IL General Casualty Company of WI Regent Insurance Company Liberty Insurance Group Employers Insurance of Wausau, A Mutual Company First Liberty Insurance Corporation LM Insurance Corporation Liberty Insurance Corp Liberty Mutual Fire Insurance Company Liberty Mutual Insurance Company Wausau Business Insurance Company Wausau General Insurance Company Wausau Underwriters Insurance Company New Hampshire Group American Home Assurance Company American International Insurance Company American International South Insurance Company Commerce & Industry Insurance Company Granite State Insurance Company Illinois National Insurance Company Insurance Company of the State of PA REPRESENTATIVE John Richardson Bob Cascioli Gary Tribbey Charlie Echols Greg Loman Ken McIntosh

PLAN LETTER 669 AUGUST 23, 2002 PAGE 2 National Union Fire Insurance Company New Hampshire Insurance Company Nichido Fire & Marine Insurance Company Sentry Insurance Companies Dairyland Insurance Company Middlesex Insurance Company Patriot General Insurance Company Sentry Insurance A Mutual Company State Farm Insurance Group State Farm Fire & Casualty Company State Farm Mutual Auto Insurance Company State Farm General Insurance Company Bob Lindstedt Chris Galvin Also Present: Wisconsin Automobile Insurance Plan Ralph Herrmann Donna Knepper Cheryl Korth Companies Represented by Proxy: Acuity A Mutual Insurance Company Allstate Insurance Company Allstate Indemnity Company Allstate Property & Casualty Insurance Company Deerbrook Insurance Company American Agricultural Insurance Company American Healthcare Indemnity Company American Physicians Assurance Corporation Argonaut Great Central Insurance Company Atlas Assurance Company of America Austin Mutual Insurance Company Auto-Owners Insurance Company Berkley Regional Insurance Company Brotherhood Mutual Insurance Company Canal Insurance Company Carolina Casualty Insurance Company Central States Indemnity Company of Omaha Chubb Group of Insurance Companies Chubb Indemnity Insurance Company Chubb National Insurance Company Executive Risk Indemnity Inc. Federal Insurance Company Great Northern Insurance Company Pacific Indemnity Company Quadrant Indemnity Company Vigilant Insurance Company Church Mutual Insurance Company

PLAN LETTER 669 AUGUST 23, 2002 PAGE 3 Cincinnati Insurance Company Cincinnati Casualty Company Cincinnati Indemnity Company Companion Commercial Insurance Company Companion Property & Casualty Insurance Company Dealers Assurance Company Deerfield Insurance Company Evergreen National Indemnity Company Federated Mutual Insurance Company Federated Service Insurance Company Fireman s Fund Insurance Company San Francisco Reinsurance Company Great Divide Insurance Company Great West Casualty Company Grinnell Mutual Reinsurance Company Hastings Mutual Insurance Company IMT Insurance Company Insurance Company of Hanover MSI Insurance Companies MSI Preferred Insurance Company Mutual Service Casualty Insurance Company Modern Service Insurance Company Michigan Millers Mutual Insurance Company Nationwide Insurance Company North American Specialty Insurance Company North Pointe Insurance Company Northern Mutual Insurance Company Ohio Casualty Insurance Company American Fire & Casualty Company Ohio Security Insurance Company West American Insurance Company Pacific Specialty Insurance Company Pathfinder Insurance Company Penn Millers Insurance Company Planet Indemnity Company Pro National Insurance Company Prudential Property & Casualty Insurance Company Merastar Insurance Company Prudential General Insurance Company SAFECO Insurance Company of America American Economy Insurance Company American States Insurance Company American States Preferred Insurance Company First National Insurance Company of America General Insurance Company of America Insurance Company of Illinois SAFECO Insurance Company of Illinois SAFECO Insurance Company of Indiana SAFECO National Insurance Company

PLAN LETTER 669 AUGUST 23, 2002 PAGE 4 Selective Insurance Company of South Carolina Selective Insurance Company of America Selective Way Insurance Corporation Society Insurance A Mutual Company Venture Insurance Company Statewide Insurance Company Stonington Insurance Company Titan Indemnity Company Victoria Automobile Insurance Company Victoria Fire & Casualty Company Transit Mutual Insurance Corp. of WI Underwriters Indemnity Company United Americas Insurance Company United Services Automobile Association USAA Casualty Insurance Company USAA General Indemnity Company Yosemite Insurance Company The Chairperson read the following opening statement before convening the meeting: This Committee meeting has been called to discuss the items of mutual interest and concern to the members of the Wisconsin Automobile Insurance Plan. In accordance with both Federal and Wisconsin State Anti-trust Laws, this Committee is prohibited from any discussion or action which constitutes any form of boycott, coercion or intimidation. 1. Plan Manager Herrmann was advised that a quorum was established and the meeting was declared open for business. 2. The reading of the minutes of the last Annual Meeting was waived, and the minutes were approved as published. 3. Plan Manager Herrmann summarized the activities of the Plan for the past year. The number of Commercial applications have begun to increase. The new Private Passenger applications have remained constant. Plan Manager Herrmann also thanked the entire Plan membership for their continued support, and specifically thanks all members of the Governing Committee, the Subcommittees, the Office of the Commissioner of Insurance and AIPSO for their commitment and hard work during 2001. 4. The next order of business was the election of the representatives for the four industry groups. The following insurers were unanimously elected by companies in the respective groups: Alliance of American Insurers Employers Insurance of Wausau A Mutual Company Employers Mutual Casualty Company

PLAN LETTER 669 AUGUST 23, 2002 PAGE 5 American Insurance Association Hartford Fire Insurance Company St. Paul Fire & Marine Insurance Company National Association of Independent Insurers American Family Mutual Insurance Company General Casualty Company of WI Non-Affiliated Insurance Companies Sentry Insurance, A Mutual Company State Farm Insurance Company By unanimous vote, Granite State Insurance Company was appointed as an additional member of the Governing Committee in accordance with Rule 1. on Appendix Page C. in the Commercial Manual. Plan Manager Herrmann then requested nominations for Chairperson. Sentry Insurance A Mutual Company was unanimously elected to serve as Chairperson of the Governing Committee for a two-year term. No further business was introduced, and the meeting was adjourned. Donna Knepper Executive Secretary