Rocky Hill, CT (March 10, 2006) – CATIC, New England’s largest domestic title insurance underwriter, today announced 2005 as its second best year on record. For the year ended December 31, 2005, the Company reported statutory net income of $3,696,000, an increase of 9.3% compared with $3,381,000 for the year 2004. Net premiums earned increased 5.4% to $59,399,000 and total operating revenues increased 6.3% to $63,019,000 compared with 2004.

"Net earnings for the year were the highest except for 2003," stated Richard A. Lawrence, Vice President Finance and Treasurer of CATIC. "Operating results were driven by growth in revenue and an increase in investment results. Revenue in title insurance underwriting was very favorably impacted by the ongoing strength in real estate activity during 2005. In New England, the pace of existing home sales declined in the fourth quarter from earlier in the year but remained above the prior year period. For 2005, existing home sales hit a new record level for the fifth year in a row."

CATIC’s total statutory surplus, which is similar to a company’s GAAP equity, but instead uses more conservative accounting principles and practices mandated by insurance regulators, increased by 8.4% to $41,984,000, an increase of $3,261,000 over the $38,723,000 reported a year ago.

About CATIC

CATIC is the major operating subsidiary of its parent holding company, CATIC Financial, Inc. CATIC is New England’s only domestic and largest Bar-Related^® title insurance underwriter. The Company has seven offices throughout New England and issues its policies through a network of more than 2800 attorney agents. CATIC is currently licensed in Connecticut, Massachusetts, Rhode Island, Vermont, Maine, New Hampshire and New Jersey. The Company is an underwriting member of the American Land Title Association (ALTA) and the North American Bar-Related^® Title Insurers. The Company, through an affiliate, also provides services in connection with tax-deferred exchanges of like-kind property, and, through another affiliate, provides information technology services to its members and agents.

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