United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 13, 2003
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Commission file number 1-11983
FPIC Insurance Group, Inc.
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(Exact name of registrant as specified in its charter)
Florida 59-3359111
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(State or other jurisdiction of (IRS Employer Identification No.)
incorporation or organization)
225 Water Street, Suite 1400, Jacksonville, Florida 32202
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(Address of principal executive offices) (Zip Code)
(904) 354-2482
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(Registrant's telephone number, including area code)
www.fpic.com
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(Registrant's Internet Address)
Item 7. Financial Statements and Exhibits.
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(c) Exhibits
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Exhibit Number Description of Exhibits
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99 FPIC Insurance Group, Inc. Earnings
Press Release dated August 13, 2003
Item 9. Regulation FD Disclosure.
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We have actively participated in legislation and other deliberations on MPL tort
reform in Florida. On July 21, 2003, the Florida legislature ended its second
special session related to MPL laws and tort reform. On August 12, 2003, a
third special session began following an announcement by Governor Bush and the
presiding officers of both houses that they had reached agreement on a
compromise for issues being debated. Among the issues being debated by the
legislature are a cap on noneconomic damages, changes to Florida's bad-faith law
and insurance reform. At this time, insurance rates we are charging in Florida
and the reserves for losses and LAE we are carrying currently are without
adjustment for or reliance on the passage of tort reform legislation.
Item 12. Disclosure of Results of Operations and Financial Condition.
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On August 13, 2003, FPIC Insurance Group, Inc. ("FPIC") issued an earnings press
release announcing selected financial data concerning FPIC's second quarter 2003
unaudited consolidated results of operations and financial condition presented
in accordance with accounting principles generally accepted in the United States
of America (GAAP). A copy of FPIC's press release dated August 13, 2003 is
attached hereto as Exhibit 99 and is furnished as a part of this filing.
For additional information regarding FPIC's second quarter results of operations
and financial condition, see FPIC's Securities and Exchange Commission ("SEC")
Form 10-Q filed with the SEC on August 13, 2003.
Signature
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Pursuant to the requirements of Section 13 or 15(d) 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.
FPIC INSURANCE GROUP, INC.
Date: August 13, 2003 By: /s/ John R. Byers
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John R. Byers
President and Chief Executive
Officer
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EXHIBIT INDEX
Exhibit Number Description of Exhibits
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99 FPIC Insurance Group, Inc. Earnings Press
Release dated August 13, 2003
3