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): August 31, 2006
THE HANOVER INSURANCE GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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1-13754 |
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04-3263626 |
(State or other jurisdiction |
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(Commission File Number) |
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(I.R.S.Employer |
of incorporation) |
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Identification No.) |
440 Lincoln Street, Worcester, Massachusetts 01653
(Address of principal executive offices)
(Zip Code)
Registrants telephone number, including area code: (508) 855-1000
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:
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Written communications pursuant to Rule 425 under the Securities Act (17CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR 240.13e-4(c)) |
Item 8.01 |
Other Events. |
On August 31, 2006, The Hanover Insurance Group, Inc. (the Company) sold all of the outstanding shares of Financial Profiles, Inc., a wholly-owned subsidiary, to Emerging Information Systems Incorporated. Financial Profiles, a developer and distributor of financial planning software, was originally acquired by the Company in 1998 in connection with the Companys then-ongoing life insurance and annuity operations. The Company received pre-tax proceeds of $21.5 million from the transaction and will recognize an after-tax gain from the transaction, under generally accepted accounting principles, of approximately $8 million during the third quarter of 2006.
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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.
The Hanover Insurance Group, Inc.
(Registrant)
Date: August 31, 2006 |
By: |
/s/ Edward. J. Parry III |
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Edward. J. Parry III | |
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Chief Financial Officer, Executive Vice President, | |
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Principal Accounting Officer and Director |
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