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MEDICAL MUTUAL OF OHIO BOARD NAMES INTERIM LEADERSHIP TO FILL CLAPP VOID

December 8, 2008

CLEVELAND – To fill the positions made vacant by the tragic death of Kent Clapp last Wednesday, the Medical Mutual of Ohio Board of Directors named interim co-chairmen of the Board, a management committee and an interim CEO at a special meeting last night.

Samuel Miller, co-chairman of Forest City Enterprises, and David Young, a retired partner with the law firm Squire, Sanders and Dempsey, were named the interim co-chairs. The management committee consists of Young, Miller, James V. Patton, a retired Medical Mutual executive, and Charles A. Bryan, a retired Nationwide Insurance Co. executive. Bryan was also named the acting CEO.

“We will diligently, thoughtfully and yet as quickly as possible move to select the right individual to lead Medical Mutual for the long term,” said Bryan. “We are fortunate that Kent left the company financially sound and with a strong senior management team. Our customers can be assured that Medical Mutual will continue to serve them at the high level they have come to expect.”

Bryan added that the search for the new chief executive officer would start with a review of internal candidates and would move to a broader search outside the company if necessary. “We do have the good fortune to have quality candidates already on staff,” said Bryan. Clapp held the titles of chairman, president and CEO.

“We haven’t put a time limit on this process,” Bryan said, “but we believe that we should be able to have new leadership in place early in 2009.”

Bryan has 35 years of experience as a business executive with Nationwide Insurance, Ernst and Young, United Services Automobile Association (USAA) and Allstate Insurance. He is also an adjunct professor in the Finance area at the Ohio State University, and he has been on the Medical Mutual board since 2001.

Clapp died December 3 in a private plane crash in Puerto Rico while returning to Cleveland after vacationing in the Caribbean. His fiancée, Tracy Turner, and the pilot of the airplane also died in the crash.