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Mr. Pasqualetto has served as the Chairman of our Board of Directors since September 2004 and as our President and Chief Executive Officer and one of our directors since July 2003. In addition, he has served as Chairman of the Board of Directors, President and Chief Executive Officer of our insurance company subsidiary, SeaBright Insurance Company, since September 2003. He was formerly President and Chief Executive Officer of Eagle Pacific Insurance Company and Pacific Eagle Insurance Company (the "Eagle Entities"), President of Kemper Employers Group and Senior Vice President of the Kemper insurance companies, holding these positions concurrently since joining Kemper in 1998. Mr. Pasqualetto's prior experience includes serving as President of American International Group's ("AIG") workers' compensation specialty group, co-founding Great States Insurance Company, a California-based specialty workers' compensation company, and holding executive positions with Argonaut Insurance Company and the State Compensation Insurance Fund of California. Mr. Pasqualetto has a B.A. from California State University at Northridge. | 