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The Stevies™ will be presented on June 6 in New York City

Fri May 20, 2005

Raleigh, N.C. - Builders Mutual Insurance Company was named a Finalist in the "Best Customer Service Organization" category in the third annual American Business Awards.

Hailed as "the business world's own Oscars" by the New York Post (September 22, 2002), The American Business Awards are the first national, all-encompassing business awards program honoring great performances in the workplace.

Nicknamed the Stevies^TM for the Greek word "crowned," winners will be announced during presentations on Monday, June 6 at the Marriott Marquis Hotel in New York City. The ceremonies will be videocast on the Internet and broadcast on radio. Donald J. Trump will receive the first Lifetime Achievement Stevie Award that evening.

More than 1,200 nominations from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Best Overall Company, Best Executive, Best New Product or Service and Best Support Staffer. Builders Mutual will be competing in the "Best Customer Service Organization" category for "Companies with Fewer than 500 Employees," based on improvements made in customer service.

"Employees of Builders Mutual were motivated to work together to create and execute the Campaign ‘04 Customer Service, tagging onto the national campaigns that were part of 2004. Goals were set, expectations outlined and results communicated throughout the entire year. Everyone could be a part of this great change in corporate mindset," notes President/CEO/General Counsel John Q. Beard upon learning Builders Mutual was named a Stevie finalist.

Members of the Awards' Board of Distinguished Judges & Advisors and their staffs will select Stevie winners from among the Finalists. Finalists were chosen by business professionals nationwide during preliminary judging in February through April.

The elegant Stevie trophy was designed by R. S. Owens, the same company that makes the Oscar and the Emmy.

"The Stevie Award has quickly become the most coveted business honor in America," said Michael Gallagher, founder and president of The Stevie Awards. "We began the Stevies in 2002 with the mission to generate recognition of deserving companies and individuals among the business community, the press, and the general public. Being selected as a Finalist is an important achievement, because it means that independent judges have agreed that the Finalist is worthy of national recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition."

Details about The American Business Awards and the list of Finalists are available at www.stevieawards.com/aba.

Based in Raleigh, NC, Builders Mutual Insurance Company, rated "A" (Excellent) by A.M. Best Company is a mutual insurance company that has been serving the building industry since 1984 and operates in North Carolina, South Carolina, Tennessee and Virginia. More information can be found on their web site at www.buildersmutual.com.

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