LANCASTER, Pa., June 29 /PRNewswire/ -- Eastern Alliance Insurance Group ('EAIG') and the Manufacturer & Business Association ('MBA') announced the launch of a new workers' compensation program ('the Program') designed for MBA members. EAIG is a member of the publicly-traded Eastern Insurance Holdings, Inc. ('EIHI,' Nasdaq: EIHI) family of companies.

EAIG will serve as the underwriter for the Program, which offers MBA members access to its tailored group workers' compensation insurance products and services. The MBA is a professional employers' organization with membership comprised of commercial, service and nonprofit organizations, as well as industrial members.

'We are extremely pleased to partner with the MBA, the largest association of its kind in the United States,' said Michael Boguski, President and Chief Operating Officer of EIHI. 'We believe our emphasis on proactive risk and claim management, industry-leading medical cost management tools, and return-to-work initiatives, will benefit the MBA membership.'

'The MBA is committed to helping our members lower the cost of doing business whenever and wherever possible,' said MBA President Ralph Pontillo. 'We have teamed up with an exceptional partner to provide a group dividend workers' compensation program that will reduce claim costs and return their employees to work faster. EAIG's ParallelPay 'pay-as-you-go' program also protects businesses' cash flow in a challenging economy.'

Businesses interested in the Program should contact EAIG for a list of independent insurance agents representing EAIG in their area.

Founded in 1997, EAIG specializes in providing workers' compensation products and services to businesses and self-insured clients. EAIG is a member of the publicly-held Eastern Insurance Holdings, Inc. (Nasdaq: EIHI) family of companies, with regional offices in Lancaster, Pennsylvania, Charlotte, North Carolina, and Indianapolis, Indiana. EAIG's Web address is www.eains.com.

Founded in 1905, the MBA provides information and services to more than 4,500 member companies located in Pennsylvania, Ohio and New York. The MBA is headquartered in Erie, Pennsylvania. The MBA's Web address is www.mbausa.org.