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American Physicians Service Group, Inc.: American Physicians Service Group, Inc. Added to Russell 3000 Index


Published on 2009-06-29 11:34:07, Last Modified on 2009-06-29 11:34:42 - Market Wire
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AUSTIN, TX--(Marketwire - June 29, 2009) - American Physicians Service Group, Inc. ("APS") (NASDAQ: [ AMPH ]) today announced that it has been added to the Russell 3000 Index. Formed in the mid 1970s, APS has grown to become the second largest provider of medical malpractice insurance in Texas and has been expanding into Oklahoma and Arkansas.

Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index as well as the appropriate growth and value style indexes. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. The Russell 3000 also serves as the U.S. component to the Russell Global Index.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. More information on the Russell 3000 and other Russell Indexes is available at [ http://www.russell.com ].

Mr. Kenneth Shifrin, APS' Chairman of the Board, stated, "This milestone in our company history is a tribute to the efforts of our dedicated employees. Their efforts and our doctor-oriented focus have created value that the market has recognized with year-over-year increases in stock price every year since 2000. We look forward to continuing progress as a member of the Russell 3000."

APS is an insurance and financial services firm with subsidiaries and affiliates which provide medical malpractice insurance for doctors and other healthcare professionals and brokerage and investment services to institutions and high net worth individuals. APS is headquartered in Austin, Texas.

This press release includes forward-looking statements related to APS that involve risks and uncertainties that could cause actual results to differ materially. These forward-looking statements are made in reliance on the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For further information about these factors that could affect the future results of APS, please see the recent filings with the Securities and Exchange Commission. Prospective investors are cautioned that forward-looking statements are not guarantees of future performance. Actual results may differ materially from management expectations. Copies of the filings are available upon request to APS.

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