Joseph Stilwell Joins Am Physicians Board

American Physicians Capital, Inc. (APCapital) (Nasdaq: ACAP) announced that Joseph Stilwell joined the Company's Board of Directors yesterday. Mr. Stilwell is a New York based-private investor and his Stilwell Group is one of the Company's largest shareholders. Spencer Schneider, who was appointed to the Board in 2002 as a nominee of the Stilwell Group and later elected by shareholders for a three- year term, will continue as a Director. In connection with Mr. Stilwell's appointment, the Stilwell Group has agreed to a new three-year standstill agreement which replaces t...