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) - May 1, 1996
THE HARTFORD STEAM BOILER INSPECTION AND INSURANCE COMPANY
(Exact name of registrant as specified in its charter)
Connecticut 0-13300 06-0384680
(State or other (Commission (IRS Employer
jurisdiction of incorporation) File Number) Identification No.)
One State Street, Hartford, Connecticut 06102
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code - (203-722-1866)
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Item 5. Other Events
On May 1, 1996, The Hartford Steam Boiler Inspection and Insurance Company (the
Company) issued a press release announcing the resignation of Donald M. Carlton
as executive vice president and a director of the Company. Included herewith
as Exhibit 99(a) is the Company's press release related to this announcement
and such information is incorporated herein by reference.
Item 7. Exhibits.
99(a) The Company's press release dated May 1, 1996 related to resignation of
Donald M. Carlton.
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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.
THE HARTFORD STEAM BOILER
INSPECTION AND INSURANCE COMPANY
Dated: May 6, 199 /s/ R. Kevin Price
R. Kevin Price
Senior Vice President
and Corporate Secretary
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Exhibit 99(a)
HARTFORD, CT, May 1, 1996 --The Hartford Steam Boiler Inspection and Insurance
Company has announced that Donald M. Carlton has resigned as executive vice
president and as a director of the company, effective May 1.
Carlton, 58, is president and chief executive officer of Radian International
LLC, the new company formed in January which combined Hartford Steam Boiler's
subsidiary, Radian, with a subsidiary of The Dow Chemical Company, Dow
Environmental Inc. Hartford Steam Boiler owns 40 percent of Radian
International LLC and Dow Chemical owns 60 percent.
"With my new responsibilities as head of Radian International LLC, I believe
I can best serve the shareholders of Hartford Steam Boiler by focusing my
energies on the success of this new joint venture," Carlton said. The
Austin, Texas-based company provides engineering, environmental, information
technology, remediation, and strategic chemical management services to
industries and governments worldwide.
Hartford Steam Boiler President and Chief Executive Officer Gordon W. Kreh
credited Carlton for substantial contributions to Hartford Steam Boiler and its
board of directors. Carlton served as the president of Radian Corporation
since 1969, as a director of Hartford Steam Boiler since 1975, and as
executive vice president since 1992.
