<PAGE>
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): July 22, 1999
C.M. LIFE INSURANCE COMPANY
---------------------------
(Exact name of registrant as specified in its charter)
CONNECTICUT 333-2347 06-1041383
----------- -------- ----------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
140 Garden Street
Hartford, CT 06154-0002
-----------------------
(Address of principal executive offices)
(860) 987-6500
--------------
(Registrant's telephone number, including area code)
Not Applicable
--------------
(Former name or former address, if changed since last report.)
<PAGE>
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT
(a) Effective on July 22, 1999, the Board of Directors of C.M. Life Insurance
Company ("CM Life") dismissed PricewaterhouseCoopers LLP ("PwC") as its
independent certified public accountants and auditors. During CM Life's
two most recent fiscal years and the subsequent period to July 22, 1999,
CM Life and PwC did not have any disagreements on any matter of
accounting principles or practices, financial statement disclosure, or
auditing scope or procedure. Further, PwC did not advise CM Life of any
reportable event during that same period.
PwC's reports on CM Life's financial statements during CM Life's two
most recent fiscal years do contain an adverse opinion based on the
financial statements not being prepared in accordance with generally
accepted accounting principles ("GAAP"). CM Life prepares its financial
statements in conformity with the statutory accounting practices of the
National Association of Insurance Commissioners ("NAIC") and the
accounting practices prescribed or permitted by the Department of
Insurance of the State of Connecticut. Since CM Life does not prepare its
financial statements in accordance with GAAP, the opinion states that the
financial statements do not present fairly, in conformity with GAAP, CM
Life's financial position, the results of its operations or its cash
flows.
During CM Life's two most recent fiscal years, PwC 's reports on CM Life
also state that the financial statements do present fairly, in all
material respects, CM Life's financial position, the results of its
operations and its cash flows on the basis of statutory accounting.
(b) Effective July 22, 1999, the Board of Directors of CM Life appointed
Deloitte & Touche LLP as its independent certified public accountants and
auditors.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this Current Report on Form 8-K to be
signed on its behalf by the undersigned hereto duly authorized.
C.M. LIFE INSURANCE COMPANY
Date: July 27, 1999 By: /s/ Lawrence V. Burkett, Jr*
----------------------------
Lawrence V. Burkett, Jr.
Director, President and Chief Executive
Officer
/s/ Richard M. Howe On July 27, 1999, as Attorney-in-Fact pursuant to
- -------------------
*Richard M. Howe a power of attorney.
<PAGE>
EXHIBITS
1 Letter from PricewaterhouseCoopers LLP to the Commission
<PAGE>
Exhibit 1
July 26, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Commissioners:
We have read the statements made by C.M. Life Insurance Company (copy attached),
which we understand will be filed with the Commission, pursuant to Item 4 of
Form 8-K, as part of the Company's Form 8-K report dated July 27, 1999. We agree
with the statements concerning our Firm in such Form 8-K.
Very truly yours,
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
