UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
SEC FILE NUMBER
0-8804
NOTIFICATION OF LATE FILING
CUSIP NUMBER
816006
(Check One): / /Form 10-K / /Form 20-F / /Form 11-K
/X/Form 10-Q / /Form N-SAR
For Period Ended: March 31, 1995
/ / Transition Report on Form 10-K
/ / Transition Report on Form 20-F
/ / Transition Report on Form 11-K
/ / Transition Report on Form 10-Q
/ / Transition Report on Form N-SAR
For the Transition Period Ended:____________________
Read Instruction (on back page) Before Preparing Form. Please
Print or Type.
Nothing in this form shall be construed to imply that the
Commission has verified any information contained herein.
If the notification relates to a portion of the filing checked
above, identify the Item(s) to which the notification relates:
_________________________________________________________________
PART I - REGISTRANT INFORMATION
The Seibels Bruce Group, Inc.
Full Name of Registrant
_________________________________________________________________
Former Name if Applicable
1501 Lady Street
Address of Principal Executive Office (Street and Number)
Columbia, South Carolina 29201
City, State and Zip Code
PART II - RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable
effort or expense and the registrant seeks relief pursuant to
Rule 12b-25(b), the following should be completed. (Check box if
appropriate.)
(a) The reasons described in reasonable detail in part III
of this form could not be eliminated without
unreasonable effort or expense;
(b) The subject annual report, semi-annual report,
/ / transition report on Form 10-K, Form 20-F, 11-K or Form
N-SAR, or portion thereof, will be filed on or before
the fifteenth calendar day following the prescribed due
date; or the subject quarterly report of transition
report on Form 10-Q, or portion thereof will be filed
on or before the fifth calendar day following the
prescribed due date; and
(c) The accountant's statement or other exhibit
required by Rule 12b-25(c) has been attached if
applicable.
PART III - NARRATIVE
State below in reasonable detail the reasons why Forms 10-K, 20-
F, 11-K, 10-Q, N-SAR, or the transition report or portion
thereof, could not be filed within the prescribed time period.
The Seibels Bruce Group, Inc. (the "Company") is unable to
file its quarterly report on Form 10-Q for the quarter ended
March 31, 1995 by the prescribed time due to numerous
factors including the Company's conversion to a new
accounting system, recent resignations of management,
including the Company's Chief Financial Officer, and the
recent reductions in staff. The Company is using all
reasonable effort and expense to complete such quarterly
report, however, such report may not be filed prior to June
5, 1995.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Mary M. Gardner (803) 748-2000
(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13
or 15(d) of the Securities Exchange Act of 1934 or Section
30 of the Investment Company Act of 1940 during the
preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed?
If answer is no, identify report(s). /X/Yes / / No
____________________________________________________________
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal
year will be reflected by the earnings statements to be
included in the subject report or portion thereof?
/X/ Yes / / No
If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of the results cannot
be made.
The Company expects that its earnings will reflect a
quarterly operating net loss on the basis of generally
accepted accounting principals compared to income of
$219,000 reflected in the Company's quarterly report on Form
10-Q for the quarter ended March 31, 1994. However, the net
loss will be considerably less than that for the quarter
ended December 31, 1994.
_______________The Seibels Bruce Group, Inc.__________
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned hereunto duly authorized.
Date May 16, 1995 By /s/ Mary Gardner
Contact Person: Mary M. Gardner
Assistant Treasurer
(803) 748-2229
