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): July 13, 2005
NCRIC Group, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware 0-25505 52-2134774
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(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
1115 30th Street, N.W., Washington, D.C. 20007
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (202) 969-1866
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Not Applicable
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(Former name or former address, if changed since last report)
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 (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 Regulation FD Disclosure
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On July 13, 2005, NCRIC Group, Inc. and ProAssurance Corporation
jointly announced that the District of Columbia Department of Insurance,
Securities and Banking ("DISB") has approved the proposed acquisition of NCRIC,
Inc., the insurance subsidiary of NCRIC Group, Inc., as part of ProAssurance's
proposed acquisition of NCRIC Group, Inc. The acquisition will be effected
pursuant to a merger agreement dated February 28, 2005, subject to approval by
the shareholders of NCRIC Group, Inc. at a meeting to be held on August 2, 2005.
A copy of the joint press release issued by NCRIC Group, Inc. and ProAssurance
is attached as Exhibit 99.1 to this report
Item 9.01 Financial Statements and Exhibits
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(a) Financial statements of businesses acquired. Not Applicable.
(b) Pro forma financial information. Not Applicable.
(c) Exhibits.
The following exhibit is attached as part of this report:
Exhibit 99.1 Press Release dated July 13, 2005.
We are furnishing the exhibit to this Form 8-K in accordance with item 7.01,
Regulation FD Disclosure. The exhibit shall not be deemed to be "filed" for the
purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange
Act"), or otherwise subject to the liability of such section, nor shall such
information be deemed incorporated by reference in any filing under the
Securities Act of 1933 or the Exchange Act, regardless of the general
incorporation language of such filing, except as shall be expressly set forth by
specific reference in such filing.
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.
NCRIC GROUP, INC.
DATE: July 14, 2005 By: /s/ Rebecca B. Crunk
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Rebecca B. Crunk
Senior Vice President and Chief
Financial Officer
EXHIBIT INDEX
Exhibit No. Description
Exhibit 99.1 Press Release dated July 13, 2005.