8-K

                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549

                                    FORM 8-K

                                 CURRENT REPORT


     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

      Date of Report (Date of earliest event reported) - September 24, 1998

                                 HSB Group, Inc.
             (Exact name of registrant as specified in its charter)

           Connecticut           001-13135              06-1475343
        (State or other         (Commission            (IRS Employer
         jurisdiction           File Number)         Identification No.)
       of incorporation)

               One State Street, Hartford, Connecticut 06102-5024
               (Address of principal executive offices) (Zip Code)

       Registrant's telephone number, including area code - (860-722-1866)






Item 5.  Other Events

On  September  24,  1998,  the Company  issued a press  release  announcing  the
election of Gordon W. Kreh to the position of chairman of the board of directors
of the Company.  Included  herewith as Exhibit 99 is the Company's press release
related to this  announcement  and such  information is  incorporated  herein by
reference.


Item 7.  Exhibits.

99. The Company's press release dated September 24, 1998.





Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.


                                                HSB Group, Inc.


Dated:  September 24, 1998                  /s/ R. Kevin Price
                                                R. Kevin Price
                                                Senior Vice President
                                                 and Corporate Secretary

EX-99

                                              MEDIA CONTACT:
                                              Dennis Milewski
                                              Office: (860) 722-5567

FOR IMMEDIATE RELEASE

               HSB GROUP, INC. ELECTS BOARD OF DIRECTORS CHAIRMAN

HARTFORD,  Conn.,  September 24, 1998 -- HSB Group,  Inc.  announced  today that
Gordon W. Kreh, president and chief executive officer of the company was elected
chairman of the board of directors.

Kreh has served on the company's  board of directors  since 1993. He was elected
president of The Hartford Steam Boiler Inspection and Insurance Company in 1993.
In 1994, he was elected chief executive officer. He joined the company in 1971.

In addition to his responsibilities on HSB's board, he is also a board member of
the American Insurance Association,  a director of HSB Industrial Risk Insurers,
The Boiler  Inspection  and  Insurance  Company  of Canada  and HSB  Engineering
Insurance  Limited.  Kreh also serves on the board of directors of Orion Capital
Corporation.

HSB Group,  Inc.  (NYSE:HSB)  is a global  provider of  insurance  products  and
engineering  management consulting services.  HSB Group is the parent company of
The Hartford Steam Boiler Inspection and Insurance  Company,  founded in 1866 to
provide loss  prevention  service and insurance to  businesses,  industries  and
institutions.  For more information about HSB Group, Inc., visit its web site at
www.hsb.com.

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