INTEGON CORP /DE/
8-K, 1997-07-01
FIRE, MARINE & CASUALTY INSURANCE
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The total number of sequentially numbered pages in this manually signed original
is 6.  Exhibit Index is sequential page no. 4.


                                 UNITED STATES
                       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 30, 1997
                                                     ---------------------



                               INTEGON CORPORATION
              ----------------------------------------------------
             (Exact name of registrant as specified in its charter)

Delaware                           001-10997                     13-3559471
- --------------                ------------------------       -------------------
(State or Other               (Commission File Number)       (I.R.S. Employer
Jurisdiction of Incorporation)                               Identification No.)



                              500 West Fifth Street
                       Winston-Salem, North Carolina 27152
                    ----------------------------------------
                    (Address of Principal Executive Offices)

                                 (910) 770-2000
               ---------------------------------------------------
              (Registrant's Telephone Number, Including Area Code)

                                 Not Applicable
               ---------------------------------------------------
          (Former name or former address, if changed since last report.)





                                   Page 1 of 6
                           Exhibit Index is on Page 4
<PAGE>




Item 5.  Other Events

          On June 30, 1997,  Integon  Corporation (the "Company") issued a press
     release  announcing  the  extension of the  exchange  offer for the capital
     securities. A copy of the press release is attached hereto as Exhibit 99.1.
     

Item 7. Exhibits

         (c)      Exhibits.

                    Exhibit Number           Description
                    --------------           ------------

                           99.1              Press Release dated
                                             June 30, 1997 issued
                                             by the Company.



                                     Page 2
<PAGE>




                                   SIGNATURES


               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.


                                     INTEGON CORPORATION



       July 1, 1997                   By:   /s/ Donald F. McKee
       -------------                       ---------------------
            Date                           Donald F. McKee
                                           Senior Vice President and
                                           Chief Financial Officer
                                           (Principal Financial Officer)      



                                     Page 3
<PAGE>


                                  Exhibit Index
                                  -------------


Exhibit Number                     Description                          Page No.
- --------------                     -----------                          --------

    99.1                 Press Release dated June 30, 1997                   5
                         issued by the Company




                                     Page 4
<PAGE>





                                  Exhibit 99.1
                                  ------------


                        PRESS RELEASE DATED JUNE 30, 1997
                              ISSUED BY THE COMPANY





                                     Page 5
<PAGE>

Integon Corporation
Winston-Salem, NC 27152

Analysts' Contact:
Gay Huntsman (910) 770-8434

Media Contact:
Turner Coley (910) 760-3000



          Integon Corporation Announces Extension of Exchange Offer for
                           10 3/4% Capital Securities


WINSTON-SALEM, NC, June 30, 1997 - Integon Corporation (NYSE:IN) announced today
that Integon Capital I has extended to 5:00 P.M., New York City time, on July 3,
1997 its  offer  to  exchange  (the  "Exchange  Offer")  up to  $100,000,000  in
aggregate  liquidation amount of its 10 3/4% Capital  Securities,  Series B (the
"Exchange Securities") for up to $100,000,000 in aggregate liquidation amount of
its outstanding 10 3/4% Capital  Securities,  Series A that were issued and sold
in a transaction  exempt from registration  under the Securities Act of 1933, as
amended (the  "Outstanding  Securities").  As of 5:00 P.M. on June 30, 1997, the
original   expiration  date,   $98,750,000   aggregate   liquidation  amount  of
Outstanding Securities had been tendered.

         The Exchange Agent for the Exchange Offer is First Union National Bank
of North Carolina, 230 South Tryon Street, 9th Floor, Charlotte, NC 28288-1179,
Attention:  Mike Klotz.

         Integon  Corporation,  through its wholly  owned  property and casualty
insurance  subsidiaries,  specializes  in  the  underwriting  and  marketing  of
specialty   automobile   insurance   products  to   individuals.   The  Company,
headquartered  in  Winston-Salem,  North Carolina,  markets its products through
approximately 13,000 agencies in 30 states.


                                     Page 6
         


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