-----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, QEaXLiUCvXA3eVK/qvvjrGLvb4hfOdVo359VsW7D8/15Qr+gHEwncs+e5iqwkR1N de8M/X7eW6+vHHdPVk4mUw== 0000912057-97-031938.txt : 19970930 0000912057-97-031938.hdr.sgml : 19970930 ACCESSION NUMBER: 0000912057-97-031938 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970924 ITEM INFORMATION: FILED AS OF DATE: 19970929 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: HCC INSURANCE HOLDINGS INC/DE/ CENTRAL INDEX KEY: 0000888919 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 760336636 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-13790 FILM NUMBER: 97687028 BUSINESS ADDRESS: STREET 1: 13403 NORTHWEST FRWY CITY: HOUSTON STATE: TX ZIP: 77040-6094 BUSINESS PHONE: 7136907300 8-K 1 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) SEPTEMBER 24, 1997 HCC INSURANCE HOLDINGS, INC. (Exact name of registrant as specified in its charter) State or other Commission IRS Employer jurisdiction File Number: Identification of incorporation: Number: Delaware 0-20766 No. 76-0336636 13403 Northwest Freeway Houston, Texas 77040-6094 (Address of principal executive offices) Registrant's telephone number, including area code - (713) 690-7300 ---------------------------------- ITEM 5. OTHER EVENTS. On September 24, 1997, HCC Insurance Holdings, Inc. (the "Registrant") issued a press release announcing that John N. Molbeck would be employed as President of the Registrant, effective January, 1998. Mr. Molbeck is also expected to become a member of the Board of Directors of the Registrant at its next regularly scheduled Board of Directors Meeting. A copy of the press release is attached as Exhibit "A" and is incorporated herein by this reference. In addition, in August, 1997 the Board of Directors voted to increase the size of the Board of Directors to 11 members and elected Frank J. Bramanti and Peter B. Smith, Jr. as Directors. 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. HCC INSURANCE HOLDINGS, INC. ------------------------------------------------- (Registrant) /s/ Frank J. Bramanti ------------------------------------------------- Frank J. Bramanti, President Dated: September 26, 1997 EX-99.1 2 EXHIBIT 99.1 EXHIBIT "A" ----------- Contact: Stephen L. Way, Chairman HCC Insurance Holdings, Inc. 713/690-7300 For Immediate Release - --------------------- HCC INSURANCE HOLDINGS, INC. ANNOUNCES NEW MEMBER OF EXECUTIVE MANAGEMENT HOUSTON (September 24, 1997) . . . Stephen L. Way, Chairman and Chief Executive Officer of HCC INSURANCE HOLDINGS, INC. ("HCCH"), NYSE symbol: HCC, announced that the Company will employ John N. Molbeck in the position of President of HCCH. Mr. Molbeck will also become a Director and a member of the Executive Committee. He is expected to commence employment in January, 1998. Mr. Molbeck is 50 years old and currently a senior executive with the Aon Group of Companies. He was previously President and Chief Executive Officer of Energy Insurance International, Inc., a large independent retail insurance and reinsurance brokerage company and prior to that, President and Chief Executive Officer of J.H. Blades & Company, Inc., a managing general agency and surplus lines insurance brokerage company. A Certified Public Accountant, his career spans 22 years in the insurance industry. Frank J. Bramanti, currently interim President of HCCH, will concentrate his efforts on mergers, acquisitions and corporate financing. Mr. Bramanti will remain a Director and member of the Executive Committee of HCCH. Peter B. Smith, currently Executive Vice President and Chief Operating Officer of HCCH, will also assume the duties of Chief Executive Officer of Houston Casualty Company, the Group's largest insurance company subsidiary. Mr. Smith is also a Director and member of the Executive Committee of HCCH. Mr. Way added that he felt fortunate to obtain the services of Mr. Molbeck who is an executive with enormous experience, integrity and energy and that his addition to executive management would greatly enhance the Company's ability to continue its growth far beyond the turn of the century. Headquartered in Houston, Texas, HCC INSURANCE HOLDINGS, INC. is an international specialty insurance group whose shares are traded on the New York Stock Exchange (symbol: HCC) with a market capitalization of over $1.25 billion. * * * * * -----END PRIVACY-ENHANCED MESSAGE-----