Hull & Company Announces the Asset Acquisition of
Two Subsidiaries of Bollinger, Inc.

Robert Cohen, Senior Vice President of Hull & Company, Inc. (Hull), and Jack Windolf, Chairman and Chief Executive Officer of Bollinger, Inc., announced the asset acquisition of two Bollinger subsidiaries, Market Solution Managers, Inc., of New York, New York, and Princeton Risk Managers, Inc., of Princeton, New Jersey, by Hull & Company.

Market Solutions Managers and Princeton Risk Managers, with combined annualized net revenues of approximately $1.6 million, serve the excess and surplus lines insurance needs of agents located primarily in the northeastern United States.  While the New York City operation will remain at its current location, the Princeton office will be combined with Hull's existing Florham Park, New Jersey office.  The two locations will be under the leadership of Jon Bannett, who heads Hull's existing DVUA office in Florham Park, New Jersey.

Mr. Cohen commented, 'The acquisition of these two operations represents another fine move for us, increasing our presence in the Northeast and further expanding our array of services and our long-term platform from which we serve our customers.'