-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MbTkIH2bS6u1gL27VKI0nvRNNvLeVwGCn2rqblMrVarVVN3tFC/aStyoVr3pRE2Z YNFW5EAY0moAfW+IDm+INg== /in/edgar/work/20000616/0001034588-00-000011/0001034588-00-000011.txt : 20000919 0001034588-00-000011.hdr.sgml : 20000919 ACCESSION NUMBER: 0001034588-00-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20000616 ITEM INFORMATION: FILED AS OF DATE: 20000616 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HSB GROUP INC CENTRAL INDEX KEY: 0001034588 STANDARD INDUSTRIAL CLASSIFICATION: [6331 ] IRS NUMBER: 061475343 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13135 FILM NUMBER: 656279 BUSINESS ADDRESS: STREET 1: ONE STATE ST STREET 2: P O BOX 5024 CITY: HARTFORD STATE: CT ZIP: 06102-5024 BUSINESS PHONE: 8607221866 MAIL ADDRESS: STREET 1: ONE STATE ST STREET 2: PO BOX 5024 CITY: HARTFORD STATE: CT ZIP: 06102 8-K 1 0001.txt 8-K FILING 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) - June 16, 2000 HSB Group, Inc. (Exact name of registrant as specified in its charter) Connecticut 001-13135 06-1475343 (State or other (Commission (IRS Employer jurisdiction of incorporation) File Number) Identification No.) 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 June 16, 2000, HSB Group, Inc. (the "Company") issued a press release announcing the unification of the Company's insurance operations under Normand Mercier, the new chief global officer of HSB. 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. Press release dated June 16, 2000 announcing the unification of the Company's insurance operations under Normand Mercier, the new chief global officer of HSB. 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: June 16, 2000 /s/ R. Kevin Price R. Kevin Price Senior Vice President and Corporate Secretary EX-99 2 0002.txt PRESS RELEASE Exhibit 99 CONTACT: Dennis Milewski, (860) 722-5567 FOR IMMEDIATE RELEASE HSB GROUP UNITES ALL INSURANCE OPERATIONS UNDER NORMAND MERCIER HARTFORD, Conn., June 16, 2000 -- HSB Group, Inc. (NYSE-HSB) announced today the unification of all insurance operations under Normand Mercier. Mercier has been appointed to the newly created position of chief global insurance officer of HSB. This action combines all of HSB Group's commercial and large account special risk insurance businesses worldwide. "Norm is a strong and disciplined manager with the energy and broad experience to lead our global insurance business," said Richard H. Booth, chairman, president and chief executive officer of HSB Group. "Under his leadership, our U.S. commercial operations have continued their strong growth and profitability. He is extraordinarily competent and driven to improve the profitability and competitive position of our insurance businesses." "We have a number of key goals in unifying our insurance operations," said Mercier. "First and foremost is to maximize the profitability and productivity of our global insurance business. We also see opportunities to better align our people with the needs of our customers and more fully leverage HSB's engineering skills to prevent or reduce loss." Mercier will lead the U.S. commercial division of HSB which provides equipment breakdown insurance to more than one million businesses and the U.S. energy division of HSB that insures power generation facilities and select oil, chemical and gas industries. He will also manage HSB Engineering Insurance Limited, headquartered in London, that insures industries in 90 countries, as well as The Boiler Inspection and Insurance Company of Canada and other insurance subsidiaries. Mercier most recently was senior vice president of HSB Group, Inc., responsible for the U.S. commercial insurance operations, a position he assumed in November 1998. Prior to joining HSB Group, Mercier was president and general manager of The Boiler Inspection and Insurance Company of Canada (BI&I). Under his guidance, BI&I consistently produced strong underwriting results, while growing revenues and achieving productivity gains. Mercier, a native of Canada, is a fellow, with honors of the Insurance Institute of Canada and holds a bachelor's of science degree from the University of Montreal. HSB Group, Inc., the parent company of The Hartford Steam Boiler Inspection and Insurance Company, is a global provider of specialty insurance products, engineering services and management consulting. The Hartford Steam Boiler Inspection and Insurance Company was founded in 1866 to provide loss prevention service and insurance to businesses, industries and institutions. This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, that are management's estimates, assumptions and projections and are not guarantees of future performance. Forward-looking statements involve known and unknown risks and uncertainties. These and other important factors, including those mentioned in various Securities and Exchange Commission filings made periodically by the company, may cause the company's actual results and performance to differ materially. Investors and prospective investors should read this news release in conjunction with the company's most recent Form 10-K, Form 10-Q and other documents filed with the Securities and Exchange Commission. - # # # - -----END PRIVACY-ENHANCED MESSAGE-----