HARTFORD STEAM BOILER INSPECTION & INSURANCE CO
8-K, 1997-02-25
FIRE, MARINE & CASUALTY INSURANCE
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                       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) - February 24, 1997

                    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 - (860-722-1866)




<PAGE>


Item 5.  Other Events

On February 24, 1997, The Hartford Steam Boiler Inspection and Insurance Company
(the Company) issued a press release announcing the election of Simon W. Leathes
as a director of the Company.  Included  herewith as Exhibit 99 is the Company's
press release related to this  announcement and such information is incorporated
herein by reference.

Item 7.  Exhibits.

99.  The Company's press release dated February 24, 1997 related to the election
     of Simon W. Leathes as a director of the Company.



























                                       -2-



<PAGE>


     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:  January 25, 1997                /s/ R. Kevin Price
                                            -------------------
                                             R. Kevin Price
                                             Senior Vice President and Corporate
                                             Secretary

















                                       -3-



Exhibit 99




HARTFORD,  CT,  February 24, 1997 --The  Hartford  Steam Boiler  Inspection  and
Insurance Company  (NYSE-HSB)  announced today that Simon W. Leathes,  49, group
finance  director of Hambros PLC, has been elected a new director for a one-year
term. Hambros PLC is an international merchant banking and investment group.

Before joining  Hambros in the United  Kingdom in 1996,  Leathes served as chief
financial officer of Caspian  Securities Ltd. (U.K.).  From 1980 to 1995, he was
with  S.G.   Warburg  Group  PLC  (U.K.),   most  recently  as  chief  financial
officer/group finance director.

A fellow of the  Institute of Chartered  Accountants  in England and Wales and a
member of the American Institute of Certified Public  Accountants,  Leathes is a
director of HSB Engineering  Insurance  Limited,  a subsidiary of Hartford Steam
Boiler that provides equipment insurance and specialized engineering services to
locations outside the United States and Canada.






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