American Physicians Capital, Inc. To Present At The Raymond James Investors Conference On March 7, 2005

EAST LANSING, Mich., Feb. 28 /PRNewswire-FirstCall/ -- American Physicians Capital, Inc. (APCapital) President and CEO R. Kevin Clinton and Chief Financial Officer Frank H. Freund will speak at the Raymond James Investors Conference on March 7, 2005 at 8:40 a.m. Eastern Time. This event will take place at the Hyatt Regency Grand Cypress in Orlando, Florida.

Mr. Clinton and Mr. Freund's presentation will include a discussion on recent operating performance and trends of APCapital, including fourth quarter and year-end 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 March 7, 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 )

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 PhysiciansCapital, Inc., +1-517-324-6629