<PAGE> 1
SCHEDULE 14A
(RULE 14A-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES
EXCHANGE ACT OF 1934 (AMENDMENT NO. )
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
<TABLE>
<S> <C>
[ ] Preliminary Proxy Statement [ ] Confidential, for Use of the Commission
Only (as permitted by Rule 14a-6(e)(2))
[ ] Definitive Proxy Statement
[X] Definitive Additional Materials
[ ] Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12
</TABLE>
RISCORP, INC.
- --------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)
- --------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
(1) Title of each class of securities to which transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid:
[ ] Fee paid previously with preliminary materials:
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the Form or Schedule and the date of its filing.
(1) Amount Previously Paid:
(2) Form, Schedule or Registration Statement No.:
(3) Filing Party:
(4) Date Filed:
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[RISCORP LETTERHEAD]
MARCH 16, 1998
AN URGENT REQUEST!!!
Dear Shareholder:
We have not yet received your vote for the upcoming Special Meeting of
Shareholders of RISCORP, INC., to be held on March 26, 1998. Regardless of the
number of shares you own, it is important that they be represented at the
meeting. Your vote is very important to us and we need your support.
Your Board of Directors recommends a vote in favor of the proposals.
Since the time remaining is short, we urge you to sign, date and return
your vote as soon as possible. We have enclosed a overnight priority return
envelope for your convenience. If you have already voted your proxy, please
disregard this request.
Very truly yours,
/S/ Walter E. Riehamann
Walter E. Riehamann
WER/sah
IF YOU HAVE RECENTLY MAILED YOUR PROXY
PLEASE ACCEPT OUR THANKS AND DISREGARD THIS REQUEST
