SeaBright Insurance Holdings Authorized to Begin Trading on New York Stock Exchange (“NYSE”)

  
    
  
  
    
      SeaBright Insurance Holdings, Inc. (Nasdaq:SEAB) today announced that 
      the Company has been authorized by the NYSE to trade on the NYSE under 
      the ticker symbol �SBX.� 
      The Company will move from the NASDAQ Global Select Market (�NASDAQ�) 
      to the NYSE and expects to begin trading on the NYSE on November 6, 
      2008. The Company will continue to trade on the NASDAQ until that time.
    
    
      �SeaBright remains committed to providing its 
      shareholders with an efficient trading platform and is honored to 
      partner with the New York Stock Exchange,� 
      said John G. Pasqualetto, SeaBright�s 
      Chairman, President and Chief Executive Officer. �Its 
      worldwide prestige and reputation for listing the world�s 
      best companies is a great match for SeaBright, and helps us promote 
      investor awareness of our strong historic financial performance and 
      proven business model.�
    
    
      �We are pleased to welcome SeaBright to our 
      family of listed companies,� said Catherine 
      R. Kinney, Group EVP and Head of Global Listings, NYSE. �We 
      look forward to providing SeaBright with the market quality, broad 
      visibility and information services offered to issuers on the NYSE.�
    
    
      About SeaBright Insurance Holdings, Inc.
    
    
      SeaBright Insurance Holdings, Inc. is an insurance holding company whose 
      wholly owned subsidiary, SeaBright Insurance Company, operates as a 
      specialty underwriter of multi-jurisdictional workers� 
      compensation insurance. SeaBright Insurance Company distributes its 
      maritime, alternative dispute resolution and state act products through 
      selected independent insurance brokers and through its in-house 
      wholesale broker affiliate, PointSure Insurance Services. SeaBright 
      Insurance Company provides workers' compensation coverage to employers 
      in selected regions nationwide. To learn more about SeaBright Insurance 
      Company and SeaBright Insurance Holdings, Inc., visit our website at www.sbic.com.
    
    
      Cautionary Statement
    
    
      Some of the statements contained in this press release are �forward-looking 
      statements� within the meaning of the Private 
      Securities Litigation Reform Act of 1995. In some cases, you can 
      identify forward-looking statements by terminology such as �may,� 
      �will,� �should,� 
      �expect,� �plan,� 
      �intend,� �anticipate,� 
      �believe,� �estimate,� 
      �predict,� �potential� 
      or �continue,� the 
      negative of these terms or other terminology. Forward-looking statements 
      are based on the opinions and estimates of management at the time the 
      statements are made and are subject to certain risks and uncertainties 
      that could cause actual results to differ materially from those 
      anticipated in the forward-looking statements. Factors that could affect 
      the Company's actual results include, among others, the fact that our 
      loss reserves are based on estimates and may be inadequate to cover our 
      actual losses; the uncertain effects of emerging claim and coverage 
      issues on our business; the geographic concentration of our business; an 
      inability to obtain or collect on our reinsurance protection; a 
      downgrade in the A.M Best rating of our insurance subsidiary; the impact 
      of extensive regulation of the insurance industry and legislative and 
      regulatory changes; a failure to realize our investment objectives; the 
      effects of intense competition; the loss of one or more principal 
      employees; the inability to acquire additional capital on favorable 
      terms; a failure of independent insurance brokers to adequately market 
      our products; the loss of our rights to fee income and protective 
      arrangements that were established in connection with the acquisition of 
      our business; and the effects of acts of terrorism or war. More 
      information about these and other factors that potentially could affect 
      our financial results is included in our 2007 Annual Report on Form 
      10-K, filed with the U.S. Securities and Exchange Commission on March 
      17, 2008, and in our other public filings filed with the U.S. Securities 
      and Exchange Commission. Readers are cautioned not to place undue 
      reliance upon these forward-looking statements, which speak only as of 
      the date of this release. The Company undertakes no obligation to update 
      any forward-looking statements.