SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Earliest Event Reported: February 12, 1996
Jefferson-Pilot Corporation
(Exact name of registrant as specified in its charter)
North Carolina 1-5955 56-0896180
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
100 North Greene Street, Greensboro, North Carolina 27401
(Address of principal executive offices) (Zip Code)
(910) 691-3691
(Registrant's telephone number, including area code)
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Item 4. Change in Registrant's Certifying Accountant
As reported in the Form 8-K being amended hereby, on February 12, 1996 the
Jefferson-Pilot Corporation Board of Directors, upon recommendation of the
Audit Committee, appointed Ernst & Young LLP as the independent public
accountants to audit the financial statements of the Corporation and its
consolidated subsidiaries for the fiscal year ending December 31, 1996.
Previously, the consolidated financial statements were audited by
McGladrey & Pullen, LLP ("McGladrey"), who for 1995 expressed
reliance (with respect to the inclusion of Alexander Hamilton
Life Insurance Company of America ("Alexander Hamilton")
following its acquisition) on Arthur Andersen LLP ("Andersen") in
its reports on the Corporation's consolidated financial
statements for the fiscal year ended December 31, 1995.
The purpose of this Form 8-K/A is to update the reporting
required by Item 304 of Regulation S-K through, and to reflect,
the completion of all 1995 audit reports for the Corporation and
its subsidiaries and to supply updated letters from McGladrey and
Andersen.
It is intended that McGladrey complete the 1995 audits for the
tax-qualified retirement and 401(k) plans of the Corporation and
participate in the Form 11-K filing by the 401(k) plan.
As previously reported, the change to Ernst & Young LLP
constitutes the "dismissal" of the two prior auditors, McGladrey
and Andersen. This "dismissal" has become effective with the
completion of all 1995 audit reports for the Corporation and for
its subsidiaries.
The report of McGladrey on the Corporation's financial statements
for 1995, and the report of Andersen for the period following the
acquisition, did not contain an adverse opinion or disclaimer of
opinion nor were either of them qualified or modified as to
uncertainty, audit scope or accounting principles, except for an
explanatory paragraph in the McGladrey report regarding a change
of method of accounting for investments in debt and marketable
equity securities, which resulted from the Corporation's adoption
of SFAS 115 effective January 1, 1994.
Since January 1, 1994 there have been no disagreements between
the Corporation and McGladrey, and since the date of the
acquisition there have been no disagreements between Alexander
Hamilton or the Corporation and Andersen, on any matter of
accounting principles or practices, financial statement
disclosure or auditing scope or procedure.
Confirming letters from both firms are attached as Exhibit 16.
<PAGE>
Item 7. Financial Statements and Exhibits
Exhibit 16
1. Letter from McGladrey & Pullen, LLP, dated May 28, 1996.
2. Letter from Arthur Andersen LLP, dated May 28, 1996.
SIGNATURE
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.
JEFFERSON-PILOT CORPORATION
By: /s/Robert A. Reed
(name) Robert A. Reed
(title) Vice President
Date: May 28, 1996
Index to Exhibits
Exhibit No. Description Page
1 Letter from McGladrey & Pullen, LLP,
dated May 28, 1996 4
2 Letter from Arthur Andersen LLP,
dated May 28, 1996 5
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EXHIBIT 16.1
May 28, 1996
Securities and Exchange Commission
450 Fifth Street NW
Washington, DC 20549
Ladies and Gentlemen:
We have read Item 4 included in the attached Form 8-K/A dated May
28, 1996 of Jefferson-Pilot Corporation filed with the Securities
and Exchange Commission, and are in agreement with the statements
contained therein insofar as they relate to us.
Very truly yours,
/s/McGladrey & Pullen, LLP
McGLADREY & PULLEN, LLP
<PAGE>
EXHIBIT 16.2
May 28, 1996
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
We have read Item 4 included in the attached Form 8-K/A dated May
28, 1996 of Jefferson-Pilot Corporation filed with the Securities
and Exchange Commission, and are in agreement with the statements
contained therein insofar as they relate to us.
Very truly yours,
/s/ Arthur Andersen LLP
ARTHUR ANDERSEN LLP
<PAGE>
May 28, 1996
VIA EDGAR
Securities and Exchange Commission
ATTENTION: Filing Desk, Stop 1-4
450 Fifth Street N.W.
Washington, D.C. 20549
Ladies and Gentlemen:
SUBJECT: Jefferson-Pilot Corporation
File No. 1-5955
Enclosed herewith is an amended Current Report on Form 8-K/A for
Jefferson-Pilot Corporation, the date of the earliest event
reported being February 12, 1996.
Please confirm receipt of this filing by notifying the CompuServe
mailbox maintained by Jefferson-Pilot.
Very truly yours,
/s/ Robert A. Reed
Robert A. Reed
Vice President, Secretary
and Associate General Counsel
Jefferson-Pilot Corporation
