SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 20, 1998 HSB Group, Inc. (Exact name of registrant as specified in its charter) Connecticut 001-13135 06-1475343 (State or other (Commission (IRS Employer jurisdiction of incorporation) File Number) Identification No.) One State Street, Hartford, Connecticut 06102-5024 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code - (860-722-1866) Item 5. Other Events On July 20, 1998, HSB Group, Inc. (the "Company") issued a press release reporting its second quarter earnings. On the same day, the Company issued another press release announcing the declaration of a dividend of 42 cents per share payable on October 29, 1998. Included herewith as Exhibit 99(i) and Exhibit 99(ii) are the Company's press releases related to these announcements and such information is incorporated herein by reference. Item 7. Exhibits. 99(i) Press release dated July 20, 1998 announcing second quarter results. 99(ii) Press release dated July 20, 1998 announcing the declaration of October, 1998 dividend. 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, thereunto duly authorized. HSB Group, Inc. Dated: July 21, 1998 /s/ R. Kevin Price R. Kevin Price Senior Vice President and Corporate Secretary