FOREMOST CORP OF AMERICA
SC 13D/A, 2000-03-28
FIRE, MARINE & CASUALTY INSURANCE
Previous: CANADIAN NATIONAL RAILWAY CO, 425, 2000-03-28
Next: COMPASS BANCSHARES INC, S-4MEF, 2000-03-28



<PAGE>   1
                                                              OMB APPROVAL
                                                     OMB Number:       3235-0145
                                                     Expires: August 31, 1991
                                                     Estimated average burden
                                                     hours per response  14.90


                                  UNITED STATES
                         SECURITIES EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13D

                    UNDER THE SECURITIES EXCHANGE ACT OF 1934
                               (AMENDMENT NO. 6)*

                         FOREMOST CORPORATION OF AMERICA
  .............................................................................
                                (Name of Issuer)

                                  COMMON STOCK
  .............................................................................
                         (Title of Class of Securities)

                                    345469100
  .............................................................................
                                 (CUSIP Number)

         DAVID J. SHLADOVSKY, C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P.
          1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES, CA 90067
  .............................................................................
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                   03/08/2000
  .............................................................................
             (Date of Event which Requires Piling of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-l(b) (3) or (4), check the following box [ ].

Check the following box if a fee is being paid with the statement [ ]. (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

NOTE: Six copies of this statement, including all exhibits, should be filed with
the Commission. See Rule 13d-l(a) for other parties to whom copies are to be
sent.

* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).

                                   PAGE 1 OF 8


<PAGE>   2
CUSIP NO. 345469100                SCHEDULE 13D                PAGE 2 OF 8 PAGES
 .............................................................................
 1      NAME OF REPORTING PERSON
        S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

        (A)  KAYNE ANDERSON CAPITAL ADVISORS, L.P.          - 95-4486379
        (B)  RICHARD A. KAYNE                               - ###-##-####
 .............................................................................
 2      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*         (a) [ ]
                                                                  (b) [X]
 .............................................................................
 3      SEC USE ONLY
 .............................................................................
 4      SOURCE OF FUNDS*
 .............................................................................
 5      CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
        TO ITEMS 2(d) or 2(E)                                         [ ]
 .............................................................................
 6      CITIZENSHIP OR PLACE OF ORGANIZATION
        (A)    IS A CALIFORNIA LIMITED PARTNERSHIP
        (B)    IS A U.S. CITIZEN
 .............................................................................
                              7     SOLE VOTING POWER
                                    (A) 0
NUMBER OF                           (B) 0
SHARES                       ...................................................
BENEFICIALLY                  8     SHARED VOTING POWER
OWNED BY                            (A) 0
EACH REPORTING                      (B) 0
PERSON WITH                  ...................................................
                              9     SOLE DISPOSITIVE POWER
                                    (A) 0
                                    (B) 0
                             ...................................................
                             10     SHARED DISPOSITIVE POWER
                                    (A) 0
                                    (B) 0
 .............................................................................
11      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON*
        (A) 0
        (B) 0
 .............................................................................
12      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
        SHARES*                                                       [ ]
 .............................................................................
13      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
        (A) 0.00%
        (B) 0.00%
 .............................................................................
12      TYPE OF REPORTING PERSON*
        (A) IA
        (B) IN
 .............................................................................

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!

                                   PAGE 2 OF 8
<PAGE>   3
                                  United States
                       Securities and Exchange Commission

                                  SCHEDULE 13D
                                 AMENDMENT NO. 6

*********************

ITEM 1.  SECURITY AND ISSUER

Common Stock, with $0.01 Par Value.

        Foremost Corporation of America
        5600 Beech Tree Lane
        Caldonia, MI  49316

ITEM 2.  IDENTITY AND BACKGROUND

a.      KAYNE ANDERSON INVESTMENT MANAGEMENT, INC.

        Kayne Anderson Investment Management, Inc. (KAIM, Inc.), a Nevada
        corporation, serves as general partner of Kayne Anderson Capital
        Advisors, L.P. (KACA, LP), a California limited partnership. KACA, LP is
        an investment adviser registered under the Investment Advisers Act. It
        serves as general partner of and investment adviser to seven investment
        funds named Arbco Associates, L.P.*, Kayne Anderson Energy Fund, L.P.**,
        Kayne, Anderson Non-Traditional Investments, L.P.*, Kayne Anderson
        Diversified Capital Partners, L.P.*, Kayne Anderson Capital Partners,
        L.P.*, Kayne Anderson Capital Income Partners, L.P.** and Kayne Anderson
        Capital Income Partners (QP), L.P.** KACA, LP also serves as investment
        adviser to other clients, including Kayne, Anderson Offshore Limited, a
        British Virgin Islands corporation. The principal business address of
        KAIM, Inc., KACA, LP and the five investment limited partnerships is
        1800 Avenue of the Stars, Second Floor, Los Angeles, California 90067.

        During the past five years, none of KAIM, Inc., KACA, LP, or the seven
        investment limited partnerships has been convicted in a criminal
        proceeding nor has any of them been a party to a civil proceeding of a
        judicial or administrative body or the subject of any judgments, decrees
        or final orders from the regulatory bodies.

b.      RICHARD A. KAYNE

        Mr. Kayne, a U.S. citizen, is President, Chief Executive Officer and
        Director of KAIM, Inc. He also serves as Manager of Kayne Anderson
        Investment Management, LLC, a California limited liability company
        (KAIM, LLC), and President and Director of KA Associates, Inc., a Nevada
        corporation (KA). KAIM, LLC is a registered investment adviser. KA is a
        registered broker/dealer and registered investment adviser. The
        principal business address of KAIM, LLC and KA is 1800 Avenue of the
        Stars, Second Floor, Los Angeles, CA 90067.

        Mr. Kayne is the controlling shareholder of KAIM, Inc., KAIM, LLC and
        KA.

        During the past five years, none of Mr. Kayne, KAIM, LLC or KA has been
        convicted in a criminal proceeding (excluding traffic violations or
        similar misdemeanors), nor has any of them been a party to a civil
        proceeding of a judicial or administrative body or the subject of any
        judgments, decrees or final orders from the regulatory bodies.

*  A California limited partnership.
** A Delaware limited partnership.

c.      The following persons (in addition to Mr. Kayne) are officers and/or
        directors of one or more of KAIM, Inc. and KAIM, LLC. Each such person
        is a U.S. citizen whose address is 1800 Avenue of the Stars, Second
        Floor, Los Angeles, California 90067. During the past five years, none
        of such persons has been convicted in a criminal proceeding (excluding
        traffic violations or similar misdemeanors), nor has any of them been a
        party to a civil proceeding of a judicial or administrative body or the
        subject of any judgments, decrees or final orders from the regulatory
        bodies.



                                   PAGE 3 OF 8


<PAGE>   4
        JOHN E. ANDERSON. Chairman of Topa Equities, Ltd., a diversified
        investment company located at 1800 Avenue of the Stars, Suite 1400, Los
        Angeles, California 90067. Mr. Anderson is also Director of KAIM, Inc.
        and KA.

        DAVID E. GODDARD.  Chief Financial Officer of KAIM, Inc. and KA.

        ALLAN M. RUDNICK.  Chief Investment Officer and Manager of KAIM, LLC

        HOWARD M. ZELIKOW.  Vice President and Director of KAIM, Inc.

        ROBERT V. SINNOTT.  Vice President of KAIM, Inc.

        RALPH E. WALTER.     Chief Operating Officer of KAIM, Inc.

        JERRY R. WELCH.  Vice President of KAIM, Inc.

        DAVID J. SHLADOVSKY. General Counsel and Secretary of KAIM, Inc. and KA.

ITEM 3.  SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION

Investment partnership funds were derived by a combination of cash contributions
to the partnerships by the limited partners and, additionally, from the use of
margin by certain of the partnerships.

ITEM 4.  PURPOSE OF TRANSACTION

Farmers Insurance Group purchased all of the outstanding shares of common stock
of Foremost Corporation of America pursuant to a merger agreement between the
companies.

ITEM 5.  INTEREST IN SECURITIES OF THE ISSUER

a.      Not applicable

b.      Not applicable



                                   PAGE 4 OF 8
<PAGE>   5
c. All transactions for the reporting parties were effected by the purchaser.
Sale of the shares were made as follows:

<TABLE>
<CAPTION>
  Date                Type          # of shares            Price        Where/how transaction effected
  ----                ----          -----------            -----        ------------------------------
<S>                   <C>           <C>                    <C>          <C>
03/08/00              ***           2,117,387              $19.25       ***
</TABLE>

*** Farmers Insurance Group purchased all of the outstanding shares of common
stock of Foremost Corporation of America pursuant to a merger agreement between
the companies.

d.  Not applicable

e.  Not applicable

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
        TO SECURITIES OF THE ISSUER.

Not applicable



                                   PAGE 5 OF 8
<PAGE>   6
                                    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.


                 March 18, 2000
- --------------------------------------------------------
                      Date


             //S// RICHARD A. KAYNE
- --------------------------------------------------------
                Richard A. Kayne


Kayne Anderson Capital Advisors, L.P.

By:     Kayne Anderson Investment Management, Inc.


        By:  //S// DAVID J. SHLADOVSKY
             ------------------------------
             David J. Shladovsky, Secretary



                                   PAGE 6 OF 8


<PAGE>   7
               JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(f)(1)



This agreement is made pursuant to Rule 13d-1(f)(1) under the Securities
Exchange Act of 1934 (the "Act") by and between the parties listed below, each
referred to herein as a "Joint Filer." The Joint Filers agree that a statement
of beneficial ownership as required by Section 13(d) of the Act and the Rules
thereunder may be filed on each of their behalf on Schedule 13D or Schedule 13G,
as appropriate, and that said joint filing may thereafter be amended by further
joint filings. The Joint Filers state that they each satisfy the requirements
for making a joint filing under Rule 13d-1.



        //S// RICHARD A. KAYNE
        ------------------------------------------------
        Richard A. Kayne



        //S// DAVID J. SHLADOVSKY
        ------------------------------------------------
        Kayne Anderson Capital Advisors, L.P., by
        David J. Shladovsky, Secretary of
        Kayne Anderson Investment Management, Inc.,
        general partner



                                   PAGE 7 OF 8

<PAGE>   8
          EXHIBIT TO SCHEDULE 13D, AMENDMENT NO. 6 OF FILING CONCERNING
                      FOREMOST CORPORATION OF AMERICA (FOM)



<TABLE>
<CAPTION>
        Filing Parties                                              Shares
        --------------                                              ------
<S>                                                                 <C>
        Kayne Anderson Capital Advisors, L.P.                          0

        Richard A. Kayne                                               0
</TABLE>



                                   PAGE 8 OF 8


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission