American Physicians Capital, Inc. To Present At The New York Society Of Security Analysts Insurance Industry Conference On February 15, 2005

EAST LANSING, Mich., Feb. 1 /PRNewswire-FirstCall/ -- American Physicians Capital, Inc. (APCapital) President and CEO R. Kevin Clinton and Chief Financial Officer Frank H. Freund will speak at the New York Society of Security Analysts Insurance Industry Conference on February 15, 2005 at 2:05 p.m. ET. This event will take place at The Harvard Club in New York City.

Mr. Clinton and Mr. Freund's presentation will include a discussion on recent operating performance and trends of APCapital, including third quarter 2004 results. A question and answer session will follow their presentation.

This event will be webcast live on the Internet. Listeners can access this broadcast through APCapital's website at http://www.apcapital.com/ . Listeners should go to the website at least 15 minutes prior to the event to register, download and install any necessary software. For those unable to listen to the live broadcast, the webcast will be archived following the live event at the above listed Web address.

A copy of the PowerPoint(R) presentation will be made available on APCapital's website at http://www.apcapital.com/ on February 15, 2005, and will be archived for future access. To access the presentation, go to the "For Investors" section and click on "Audio Links/Presentations."

American Physicians Capital, Inc. is a regional provider of medical professional liability coverage through American Physicians Assurance Corporation and its other subsidiaries. Further information about the companies is available on the Internet at http://www.apcapital.com/ .

(Logo: http://www.newscom.com/cgi-bin/prnh/20020123/ACAPLOGO )

CONTACT: Ann Storberg, Investor Relations of American PhysiciansCapital, Inc., +1-517-324-6629

Web site: http://www.apcapital.com/