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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): June 15, 1998
NATIONAL INFORMATION GROUP
(Exact name of registrant as specified in its charter)
California 0-16332 94-3031790
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
395 Oyster Point Boulevard
Suite 500
South San Francisco, California 94080
(Address of principal executive offices)
Registrant's telephone number, including area code: (650) 872-6772
NATIONAL INSURANCE GROUP
(Former name or former address, if changed since last report.)
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ITEM 5.
On June 15, 1998, the shareholders of National Insurance Group
approved a change in the company's corporate name from National
Insurance Group to National Information Group. The corporate name
change became effective June 15, 1998. The change was made in order
to more accurately reflect the company's business, utilizing
information technology to provide services to mortgage bankers and
other financial institutions.
ITEM 7. Exhibits.
99.1 Press release, dated June 15, 1998.
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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 hereunto duly authorized.
NATIONAL INFORMATION GROUP
(Registrant)
Dated: June 19, 1998 /s/ Robert P. Barbarowicz
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By: Robert P. Barbarowicz
Title: Executive Vice President, General
Counsel and Secretary
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EXHIBIT INDEX
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Exhibit No. Description Page No.
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99.1 Press release, dated June 15, 1998.
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Contact: MARK A. SPEIZER GREGORY S. SAUNDERS
Chairman and Chief Executive Officer Executive Vice President, Chief Financial Officer
(650) 872-6772 (650) 246-3396
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NATIONAL INSURANCE GROUP CHANGES NAME
TO NATIONAL INFORMATION GROUP; DIRECTORS RE-ELECTED
South San Francisco, California -- National Insurance Group announced today
that its corporate name has been changed to National Information Group,
effective June 15, 1998. The name change was approved by the shareholders at
the annual meeting of shareholders held earlier today. The Company stock will
continue to be traded under NAIG on the NASDAQ National Market.
"The National Information Group name more accurately reflects our
business, which is utilizing information technology to provide value-added,
bundled services to mortgage bankers and other financial institutions," says
Mark A. Speizer, Chairman of the Board and Chief Executive Officer of National
Information Group.
In addition, shareholders re-elected National Information Group's Board of
Directors. The members of the Board of Directors are Bard E. Bunaes, Chairman
and Chief Executive Officer of Constitution Reinsurance Corporation; Bruce A.
Cole, President of National Information Group; Lawrence M. Goodman, Principal
of LMG Associates; Saul B. Jodel, Chairman of the Board and CEO of The Original
San Francisco Toymakers, Inc.; and Mark A. Speizer, Chairman of the Board and
Chief Executive Officer of National Information Group.
National Information Group furnishes information services through
technology, outsourcing services and specialized insurance products to financial
institutions. The Company's products and services include flood zone
determination services, real estate tax data management services, computerized
tracking of insurance for leased collateral and mortgages, and outsourcing
services for certain tasks related to customers' loan or lease portfolios.
The Company also provides lender-placed hazard, REO hazard, collateral
protection, automobile physical damage and flood insurance. National's products
are provided through its wholly owned subsidiaries: Pinnacle Data Corporation,
Pinnacle Real Estate Tax Services, Inc., Pinnacle Management Solutions
Insurance Services, Fastrac(R) Systems, Inc. and Great Pacific Insurance
Company.
