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BOSTON, March 27, 2000 - Lexington Insurance Company has introduced Violence GuardSM, the first insurance policy designed to provide protection to businesses for liability incurred due to incidents of violence. Coverage applies regardless of the location of the incident in the United States and Puerto Rico and regardless of whether the perpetrator or victim is an employee. Violence Guard helps address coverage gaps that may exist in traditional General Liability and Employer Liability programs.

“The United States Department of Justice has estimated that there are two million violent workplace incidents annually. With violence a very real and growing concern for employers, it's critical that businesses take steps to prevent and prepare for such incidents,” said Kevin Kelley, Chief Executive Officer, Lexington Insurance Company. “The Violence Guard policy addresses a business's non-employee and employee exposures resulting from violent acts, while providing value added services to help an Insured prevent future violence.”

The policy provides indemnity and defense cost coverage for non-employee claims arising from violent acts; excess “employers liability” coverage for employee claims arising from violent acts; and business interruption coverage until the site can resume normal operation. The policy also contains a provision to provide a $50,000 death benefit to families of employees.

Insureds also have access to risk management services to assist in the areas of security consultation. Value added services would include a review of corporate policies dealing with issues of violence, security site reviews and seminars aimed at violence prevention. These services are provided at no cost to the policyholder.

The Violence Guard policy is available as an occurrence form. An insured's directors and officers are named insureds. The policy also provides punitive damage coverage.

For more information, contact a broker or Paul Cunningham at 617/772 4586.

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Lexington Insurance Company, based in Boston, is the leading U.S.-based excess and surplus lines carrier. Lexington Insurance Company is rated A++ (superior) Class XIV, by A.M. Best Company and AAA by Standard and Poor's.

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* The above described coverage may not be available in all states, and the above description thereof is neither a complete description nor a complete list of all terms, conditions and exclusions. Note that certain terms used in the above are defined in the policy. Please see the policy for a complete description of its scope and limitations of coverage. Issuance of coverage is subject to underwriting.