8-K 1 form8k_083106.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): August 31, 2006


THE HANOVER INSURANCE GROUP, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware

 

1-13754

 

04-3263626

(State or other jurisdiction

 

(Commission File Number)

 

(I.R.S.Employer

of incorporation)

 

 

 

Identification No.)

 

440 Lincoln Street, Worcester, Massachusetts 01653

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code: (508) 855-1000

 

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:

 

o

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

 

o

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

 

o

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

 

o

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

 


 

 

Item 8.01

Other Events.

 

 

On August 31, 2006, The Hanover Insurance Group, Inc. (the “Company”) sold all of the outstanding shares of Financial Profiles, Inc., a wholly-owned subsidiary, to Emerging Information Systems Incorporated. Financial Profiles, a developer and distributor of financial planning software, was originally acquired by the Company in 1998 in connection with the Company’s then-ongoing life insurance and annuity operations. The Company received pre-tax proceeds of $21.5 million from the transaction and will recognize an after-tax gain from the transaction, under generally accepted accounting principles, of approximately $8 million during the third quarter of 2006.

 

 

 

 

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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.

 

The Hanover Insurance Group, Inc.

(Registrant)

 

 

Date: August 31, 2006

By:

/s/ Edward. J. Parry III

 

Edward. J. Parry III

 

Chief Financial Officer, Executive Vice President,

 

Principal Accounting Officer and Director

 

 

 

 

 

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