-----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, GQZph4K3r1WLk83LctmPEytdYaAQqMKZMvSiuTSdyfXAK5oeMOQn04WTUOFMScnS W9O+MJZHqw8sYK3/4eQR1A== 0000950159-08-001502.txt : 20081028 0000950159-08-001502.hdr.sgml : 20081028 20081028130506 ACCESSION NUMBER: 0000950159-08-001502 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081028 ITEM INFORMATION: Other Events FILED AS OF DATE: 20081028 DATE AS OF CHANGE: 20081028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PMA CAPITAL CORP CENTRAL INDEX KEY: 0001041665 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 232217932 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31706 FILM NUMBER: 081144168 BUSINESS ADDRESS: STREET 1: 380 SENTRY PARKWAY CITY: BLUE BELL STATE: PA ZIP: 19422 BUSINESS PHONE: 610-397-5298 MAIL ADDRESS: STREET 1: 380 SENTRY PARKWAY CITY: BLUE BELL STATE: PA ZIP: 19422 FORMER COMPANY: FORMER CONFORMED NAME: PENNSYLVANIA MANUFACTURERS CORP DATE OF NAME CHANGE: 19970702 8-K 1 pma8k.htm PMA 8K pma8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  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) October 28, 2008
 
PMA Capital Corporation
(Exact name of registrant as specified in its charter)
 
Pennsylvania
  
001-31706
  
23-2217932
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(I.R.S. Employer Identification No.)
 
380 Sentry Parkway
Blue Bell, Pennsylvania
  
19422
(Address of principal executive offices)
  
(Zip Code)
 
Registrant’s telephone number, including area code:
 
(610) 397-5298
 

(Former name or former address, if changed since last report.)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
Item 8.01.  Other Events.

PMA Capital Corporation (the “Company”) posted the details of its investment portfolio as of September 30, 2008 and December 31, 2007 on its website at www.pmacapital.com.  The schedules, which can be found on the Investor Information section of the Company’s website under Financial Reports, contain amortized cost, fair value and unrealized gain (loss) for each individual security.  The Company intends to update these schedules only on a quarterly basis.  At December 31, 2007, the net unrealized gain of the portfolio, pre-tax was $6.1 million, while at September 30, 2008, the net unrealized loss, pre-tax was $33.1 million.  In the third quarter of 2008, the Company reduced, as an other than temporary impairment loss, the amortized cost of its Lehman Brothers senior debt by $8.2 million and its investment in preferred stock of Federal National Mortgage Association by $913,000.  These write-downs will be reflected as realized investment losses in the Company’s financial results for the three and nine months ended September 30, 2008, which the Company expects to release on November 3, 2008.




 
SIGNATURES
 
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.
 
       
PMA Capital Corporation
 
       
October 28, 2008
      
By:
/s/ William E. Hitselberger
           
Name:
  
William E. Hitselberger
           
Title:
  
Executive Vice President and Chief Financial Officer
                 



 
 
 
 
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