-----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, Lbh6Ewt86FzgPfEg37SqVN3KcHEgvPIFGeDf2HvbHCK8ZDQZsbgv74IXgPjAlxny BesekJhFrth9TBZBHrtsQQ== 0001065949-09-000061.txt : 20090324 0001065949-09-000061.hdr.sgml : 20090324 20090324093958 ACCESSION NUMBER: 0001065949-09-000061 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090323 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090324 DATE AS OF CHANGE: 20090324 FILER: COMPANY DATA: COMPANY CONFORMED NAME: JACOBS FINANCIAL GROUP, INC. CENTRAL INDEX KEY: 0000857501 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 840922335 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21210 FILM NUMBER: 09700296 BUSINESS ADDRESS: STREET 1: 300 SUMMERS STREET, SUITE 970 CITY: CHARLESTON STATE: WV ZIP: 25301 BUSINESS PHONE: 3043438171 MAIL ADDRESS: STREET 1: 300 SUMMERS STREET, SUITE 970 CITY: CHARLESTON STATE: WV ZIP: 25301 FORMER COMPANY: FORMER CONFORMED NAME: NELX INC DATE OF NAME CHANGE: 19940322 FORMER COMPANY: FORMER CONFORMED NAME: NELSON EXPLORATION INC /KS/ DATE OF NAME CHANGE: 19940131 8-K 1 jfgi8kmarch09vfinal.txt 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 23, 2009 ------------- JACOBS FINANCIAL GROUP, INC. ------------------------------ (Exact name of Registrant as specified in its charter) Delaware ---------------- (State or Other Jurisdiction of Incorporation) 0-21210 84-0922335 ---------------------- ------------------------------------- (Commission File Number) (I.R.S. Employer Identification Number) 300 Summers Street, Suite 970, Charleston, West Virginia 25301 ------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (304) 343-8171 ----------------- (Registrant's Telephone Number, Including Area Code) ------------------------------------------------------- (Former name, former address and former fiscal year, 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: |_| 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)) SECTION 7 - REGULATION FD ITEM 7.01 REGULATION FD DISCLOSURE. Press Release The information in this Item 7.01 of this Current Report is furnished pursuant to Item 7.01 and shall not be deemed "filed" for any purpose, including for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of any general incorporation language in such filing. On March 23, 2009, Jacobs Financial Group, Inc. issued a press release. The text of the press release is attached herewith as Exhibit 99.1. SECTION 8 - OTHER EVENTS ITEM 8.01 OTHER EVENTS The Registrant has issued a press release announcing that its wholly owned subsidiary, First Surety Corporation (FSC), a domestic surety in West Virginia with licenses in Ohio and Indiana, has entered into a reinsurance agreement with Lloyds of London. The agreement will become effective April 1, 2009, has an initial term of three years, and will significantly increase FSC's bonding capacity and ability to offer larger denomination coal reclamation surety bonds to qualified clients. SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS. a) Financial Statements of business acquired - None b) Pro Forma Financial Information - None c) Shell Company Transactions - None d) Exhibits - 99.1 - Press Release dated March 23, 2009 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 hereunto duly authorized. Jacobs Financial Group, Inc. ---------------------------- (Registrant) /s/ John M. Jacobs ----------------------------- Date: March 24, 2009 John M. Jacobs President -1- EX-99 2 ex991.txt EXHIBIT 99.1 PRESS RELEASE Charleston, West Virginia, March 23, 2009. Jacobs Financial Group, Inc. (OTC Bulletin Board: JFGI), today announced that its wholly owned subsidiary, First Surety Corporation (FSC), a domestic surety in West Virginia with licenses in Ohio and Indiana, has entered into a reinsurance agreement with Lloyds of London for its coal reclamation surety bonding programs. The reinsurance agreement has an initial term of three years, takes effect April 1, 2009 and will provide additional surety capacity for FSC's successful coal reclamation bonding programs. Announcing FSC's new relationship with Lloyd's of London, John M. Jacobs, President of Jacobs Financial Group, said, "At a time when the credit markets are still locked up and struggling to right themselves, this is a very significant event for us and the coal industry. While lending may be frozen on many fronts, we continue to provide credit surety to qualified coal companies that require financial assurance to obtain mining permits to continue operations. FSC's relationship with Lloyds will enable us to write more and larger bonds for coal operators and to more fully serve our client base." Robert J. Kenney, President of FSC, added, "This reinsurance agreement is the culmination of a due diligence process by Lloyds with respect to all stages of our operations and is a real affirmation of the design of our reclamation bonding programs, the quality of our underwriting, our business plan and our people. It's a very exciting development for us." FSC began operations in West Virginia in February 2006, and maintains offices at 300 Summers Street in Charleston, West Virginia. -----END PRIVACY-ENHANCED MESSAGE-----