American Physicians Capital, Inc. To Present At The Raymond James Institutional Investor Conference On March 8, 2006

EAST LANSING, Mich., Feb. 28 /PRNewswire-FirstCall/ -- American Physicians Capital, Inc. (APCapital) President and Chief Executive Officer R. Kevin Clinton and Chief Financial Officer Frank H. Freund will speak at the Raymond James 27th Annual Institutional Investors Conference on March 8, 2006 at 11:35 a.m. Eastern Time. This event will take place at the Hyatt Regency Grand Cypress in Orlando. Additional information regarding this conference can be found on Raymond James’ website at http://www.raymondjamesecm.com under Conferences & Events.

Mr. Clinton and Mr. Freund’s presentation will include a discussion on recent operating performance and trends of APCapital, including 2005 financial results. A question and answer session will follow their presentation.

This event will be webcast live on the Internet. Listeners can access this event through APCapital’s website at http://www.apcapital.com . Listeners should go to the Company’s 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 event, an archived edition of the Webcast will be made available on the Company’s website within the For Investors section under Webcasts/Presentations.

A copy of the PowerPoint(R) presentation will be made available on APCapital’s website on March 8, 2006, and will be archived for future access. To view the presentation, go to the For Investors section and click on Webcasts/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 )

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020123/ACAPLOGOPRN Photo Desk, photodesk@prnewswire.comAmerican Physicians Capital, Inc.

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

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