-----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, CnOHmhDusxwhiQz4CnKrFlgz+naW0n3gSEvoT0NipdM4jvkHND2XLNBk+LKeA0aG 0Mm0e5g6TaCS6ypGZ4FBUA== 0001157523-10-001814.txt : 20100331 0001157523-10-001814.hdr.sgml : 20100331 20100331062451 ACCESSION NUMBER: 0001157523-10-001814 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20100331 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100331 DATE AS OF CHANGE: 20100331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Tower Group, Inc. CENTRAL INDEX KEY: 0001289592 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 133894120 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50990 FILM NUMBER: 10715902 BUSINESS ADDRESS: STREET 1: 120 BROADWAY STREET 2: 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10271 BUSINESS PHONE: (212) 655-2000 MAIL ADDRESS: STREET 1: 120 BROADWAY STREET 2: 31ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10271 8-K 1 a6233338.htm TOWER GROUP, INC. 8-K

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): March 31, 2010




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

Delaware

000-50990

13-3894120

(State or other jurisdiction

of incorporation)

(Commission File Number)

 

(I.R.S. Employer

Identification No.)

120 Broadway, 31st Floor
New York, NY 10271

(Address of principal executive offices)

(212) 655-2000
(Registrant’s telephone number, including area code)


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):

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 7.01.

REGULATION FD DISCLOSURE.

          On March 31, 2010, Tower Group, Inc. issued a press release announcing an estimate of losses from the Northeast U.S. storm occurring during March 13 to 15, 2010.  A copy of the press release is attached as Exhibit 99.1 to this Form 8-K and is incorporated by reference to this Item 7.01 as if fully set forth herein.

          The information in this Form 8-K, including the information set forth in Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01.

FINANCIAL STATEMENTS AND EXHIBITS.

          The following exhibits are filed as part of this report.


Number

Description

99.1 Copy of press release issued by Tower Group, Inc. dated March 31, 2010



SIGNATURES

Pursuant to the requirement of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Tower Group, Inc.

Registrant

 
Date: March 31, 2010

/s/ Elliot S. Orol

ELLIOT S. OROL

Senior Vice President,

General Counsel and Secretary

EX-99.1 2 a6233338_ex991.htm EXHIBIT 99.1

Exhibit 99.1

Tower Group, Inc. Releases Estimates of Losses Caused By March Northeast U.S. Storm and Announces Release Date for First Quarter 2010 Financial Results

NEW YORK--(BUSINESS WIRE)--March 31, 2010--Tower Group, Inc. (NASDAQ: TWGP) estimates that its total net losses resulting from the Northeast U.S. storm occurring during March 13 to 15, 2010 will be in the range of $7.2 million to $9.1 million after tax, or $0.16 to $0.20 per diluted share.

Tower Group, Inc. announced today that it plans to release its first quarter 2010 financial results on Monday, May 10, 2010, prior to the market opening. Tower will also host a conference call and webcast to discuss these results on Monday, May 10, 2010 at 10:00 a.m. ET. Michael Lee, President and Chief Executive Officer, and Bill Hitselberger, Senior Vice President and Chief Financial Officer, will lead the conference call.

This conference call will be broadcast live over the Internet. To access a listen-only webcast over the Internet, please visit the Investor Information section of Tower Group, Inc.’s website, www.twrgrp.com, or use this link: http://investor.twrgrp.com/events.cfm

Please access the website at least 15 minutes prior to the call to register and to download any necessary audio software. If you are unable to participate during the live conference call, a webcast will be archived in the Investor Information section of Tower Group, Inc.'s website.

About Tower Group, Inc.

Tower Group, Inc. offers diversified property and casualty insurance products and services through its operating subsidiaries. Its insurance company subsidiaries offer insurance products to individuals and small to medium-sized businesses through its network of retail and wholesale agents and specialty business through program underwriting agents. Tower's insurance services subsidiaries provide underwriting, claims and reinsurance brokerage services to other insurance companies.


Cautionary Note Regarding Forward-Looking Statements

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. This press release and any other written or oral statements made by or on behalf of Tower may include forward-looking statements that reflect Tower's current views with respect to future events and financial performance. All statements other than statements of historical fact included in this press release are forward-looking statements. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "plan," "expect," "project," "intend," "estimate," "anticipate," "believe" and "continue" or their negative or variations or similar terminology. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause the actual results of Tower to differ materially from those indicated in these statements. Please refer to Tower’s filings with the SEC, including among others Tower’s Annual Report on Form 10-K for the year ended December 31, 2009, for a description of the important factors that could cause the actual results of Tower to differ materially from those indicated in these statements. Forward-looking statements speak only as of the date on which they are made, and Tower undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

For more information visit Tower's website at http://www.twrgrp.com/

CONTACT:
Tower Group, Inc.
Thomas Song, Managing Vice President
212-655-4789
tsong@twrgrp.com

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