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: December 22, 1997
(Date of earliest event reported)
NORTH EAST INSURANCE COMPANY
(Exact name of registrant as specified in its charter)
Maine 0-11184 01-0278387
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File No.) Identification No.)
482 Payne Road, Scarborough, Maine 04074
(Address of principal executive offices) (Zip code)
Registrant's telephone number: (207) 883-2232
Item 5. Other Events.
North East Insurance Company ("NEIC") on December 22, 1997 announced
significant adjustments to its reinsurance arrangements. These adjustments
have a material favorable effect on previously reported net earnings and
statutory surplus of the company. A copy of NEIC's press release is filed
herewith as an exhibit.
Item 6. Financial Statements and Exhibits.
(c) Exhibits.
99.1 Press release dated December 22, 1997, announcing
change in reinsurance arrangements
SIGNATURE
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.
NORTH EAST INSURANCE COMPANY
Date: December 22, 1997 By: /s/ Robert G. Schatz
President and Chief
Executive Officer
INDEX TO EXHIBITS
Exhibit
Number Description
- ------ -----------
99.1 Press release dated December 22, 1997,
announcing change in reinsurance arrangements