A BEST’S REVIEW Interactive White Paper

CMO Investing Part II The Insurer’s Point of View Joe Hoff

CFO and Treasurer North Star Mutual Insurance Company

Bob Hughes Treasurer

Gray Insurance Company

Ray Gilliam and Allen Paksima General Partners and Co-founders Prime Institutional Group

Copyright © 2011 by A.M. Best Company, Inc. All rights reserved. No part of this report may be reproduced, stored in a retrieval system or transmitted in any form or by any means; electronic, mechanical, photocopying, recording or otherwise.