-----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, ABwfjQ0JzdMb8sVzGjXgk+0PtAvifQHO/E2YdKCPUx0easpycnw4HskAoWoP3L2W F5/ORXnrYa3qFSM0gG+AJw== 0000074931-96-000035.txt : 19961210 0000074931-96-000035.hdr.sgml : 19961210 ACCESSION NUMBER: 0000074931-96-000035 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19961209 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: INTERCARGO CORP CENTRAL INDEX KEY: 0000815787 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 363414667 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-39814 FILM NUMBER: 96677777 BUSINESS ADDRESS: STREET 1: 1450 EAST AMERICAN LN STREET 2: 20TH FLR CITY: SCHAUMBURG STATE: IL ZIP: 60173 BUSINESS PHONE: 7085172510 MAIL ADDRESS: STREET 1: 1450 EAST AMERICAN LANE 20TH FLOOR CITY: SCHAUMBURG STATE: IL ZIP: 60173 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: ORION CAPITAL CORP CENTRAL INDEX KEY: 0000074931 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 956069054 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: 600 FIFTH AVENUE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020-2302 BUSINESS PHONE: 212-332-8080 MAIL ADDRESS: STREET 1: 600 FIFTH AVENUE STREET 2: 24TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020-2302 FORMER COMPANY: FORMER CONFORMED NAME: EQUITY FUNDING CORP OF AMERICA DATE OF NAME CHANGE: 19760518 FORMER COMPANY: FORMER CONFORMED NAME: TONGOR CORP OF AMERICA DATE OF NAME CHANGE: 19670330 FORMER COMPANY: FORMER CONFORMED NAME: TONGOR CORP DATE OF NAME CHANGE: 19661024 SC 13D/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE l3D Under the Securities Exchange Act of l934 Amendment No. 6 Intercargo Corporation (Name of Issuer) Common Stock, $1.00 par value (Title of class of securities) 45844C108 (CUSIP Number) Michael P. Maloney, Esq. Vice President, General Counsel and Secretary Orion Capital Corporation 600 Fifth Avenue New York, New York 10020 (212) 332-8080 - ------------------------------------------------------------------- (Name, address and telephone number of person authorized to receive notices and communications) Copies of all notices and communications should be sent to: John J. McCann, Esq. Donovan Leisure Newton & Irvine 30 Rockefeller Plaza New York, New York l0112 November 18, 1996 - ------------------------------------------------------------------- (Date of event which requires filing of this statement) If filing person has previously filed a statement on Schedule l3G to report the acquisition which is the subject of this statement and is filing this statement because of Rule l3d-l(b) (3) or (4), check the following: Check the following box if a fee is being paid with this statement: [] (Continued on following pages) Page 1 of 7 Pages CUSIP No.45844C108 - ---------------------------------------------------------------------- 1) Names of Reporting Persons (a) Orion Capital Corporation S.S. or IRS Identification IRS No. 95-6069054 Nos of Above Persons (b) Security Insurance Company of Hartford IRS No. 06-0529570 --------------------------------------------------------------------- 2) Check the Appropriate Box if a (a) Member of a Group (b) X (See Instructions) - --------------------------------------------------------------------- 3) SEC use Only - ---------------------------------------------------------------------- 4) Source of Funds (a) AF (See Instructions) (b) WC - ---------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings are Required Pursuant to Items 2(d) or 2(e) - ---------------------------------------------------------------------- 6) Citizenship or Place of (a) Delaware Organization (b) Connecticut - ---------------------------------------------------------------------- (7) Sole Voting Number Power 1,899,223 of Shares (8) Shared Voting Beneficially Power Owned by (9) Sole Dispositive 1,899,223 Each Reporting Power Person With (10) Shared Dispositive Power - ---------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,899,223 - ---------------------------------------------------------------------- 12) Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See instructions) - ---------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 24.8% - ---------------------------------------------------------------------- 14) Type of Reporting Person (a) CO, HC (See Instructions) (b) CO, IC - 2 - Item 1. Security and Issuer. ------------------- This statement relates to the Common Stock, $1.00 par value (the "Common Stock"), of Intercargo Corporation ("Intercargo"). The principal executive offices of Intercargo are located at 1450 American Lane, Schaumburg, Illinois 60173. Item 2. Identity and Background. ------------------------ This statement is filed by Orion Capital Corporation ("Orion"), a Delaware corporation with its principal executive offices at 600 Fifth Avenue, New York, New York 10020, and one of its wholly-owned subsidiaries, Security Insurance Company of Hartford ("SICH"), a Connecticut cor- poration. The principal offices of SICH are located at 9 Farm Springs Drive, Farmington, Connecticut 06032. Orion owns all of the outstanding capital stock of SICH. SICH underwrites and sells most types of property and casualty insurance with an emphasis on commercial insurance in specialized markets. This statement amends Items 2, 3 and 5 of the Schedule 13D dated September 14, 1993, as amended by Amendment No. 1 dated January 3, 1994, by Amendment No. 2 dated March 2, 1995, by Amendment No. 3 dated April 23, 1996, by Amendment No. 4 dated May 9, 1996, and by Amendment No. 5 dated July 24, 1996, each filed with the Commission by Orion and SICH, by revising such items in accordance with the information contained herein. - 3 - Item 3. Source and Amount of Funds or Other Consideration. -------------------------------------------------- The Intercargo Common Stock referred to in Item 5 hereof has been purchased with approximately $22,575,757 from the general investment funds of SICH. Item 5. Interest in Securities of Issuer. --------------------------------- According to Intercargo's Quarterly Report on Form 10-Q for the quarter ended September 30, 1996, there were 7,648,981 shares of Intercargo Common Stock outstanding as of November 14, 1996. Orion may be deemed to be the beneficial owner of all shares of Intercargo Common Stock owned by SICH. SICH owns 1,899,223 shares in the aggregate or approximately 24.8% of Intercargo's Common Stock. During the past sixty days, SICH purchased a total of 64,475 shares of Intercargo Common Stock on the dates and at the prices set forth in Appendix A hereto. All of the shares purchased by SICH were purchased in open market transactions on NASDAQ. - 4 - Signatures ----------- After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. ORION CAPITAL CORPORATION By:/s/ Michael P. Maloney ------------------------- Vice President, General Counsel and Secretary SECURITY INSURANCE COMPANY OF HARTFORD By:/s/ Michael P. Maloney ----------------------- Senior Vice President Dated: December 9, 1996 - 5 - APPENDICES APPENDIX Page - ------- ---- A Purchases of Intercargo 7 Common Stock by SICH - 6 - APPENDIX A Purchases of Intercargo Common Stock by SICH Number of Price Per Share Date Shares (including commission - ----- ---------- -------------------- 10/15/96 12,000 8.875 10/22/96 3,000 8.625 10/23/96 2,500 8.625 10/24/96 400 8.625 11/08/96 3,000 8.625 11/14/96 2,900 8.625 11/18/96 35,375 8.375 11/26/96 300 8.125 11/26/96 1,000 8.25 11/27/96 1,000 8.125 12/6/96 1,000 7.75 12/6/96 1,000 7.875 12/6/96 1,000 8.00 - 7 - -----END PRIVACY-ENHANCED MESSAGE-----