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: January 26, 1999 (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. On January 26, 1999 North East Insurance Company announced that it had reached a non-binding agreement in principle for Motor Club of America to acquire North East Insurance Company through a Merger. A copy of the North East Insurance Company's press release announcing the agreement in principle is filed as an exhibit to this report. Item 6. Financial Statements and Exhibits. (c) Exhibits. 99.1 Press release dated January 26, 1999 of North East Insurance Company, announcing agreement in principle to be acquired by Motor Club of America. 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: January 27, 1999 By: /s/ Robert G. Schatz -------------------- President and Chief Executive Officer INDEX TO EXHIBITS Exhibit Number Description - ------- -------------------------------------------- 99.1 Press release dated January 26, 1999 of North East Insurance Company, announcing agreement to be acquired by Motor Club of America.