1 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 7, 2001 MEDICAL ASSURANCE, INC. (Exact name of registrant as specified in its charter) Delaware 001-12129 63-1137505 (State or other jurisdiction of Commission File No.) (IRS Employer incorporation) Identification No.) 100 Brookwood Place, Birmingham, Alabama 35209 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (205) 877-4400 (Former name or former address, if changed since last report) 2 ITEM 5. OTHER MATTERS. On June 7, 2001, Medical Assurance issued a press release regarding the final calculation of the portfolio adjustment amount to be paid to holders of Professionals Group, Inc. common stock upon completion of the proposed consolidation of Medical Assurance and Professionals Group. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (a) Financial Statements of Business Acquired. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Exhibits. Exhibit Reference Number Exhibit Description ------------------------ ------------------- 99.1 Medical Assurance, Inc.'s press release dated June 7, 2001.* ------------------- * Filed herewith 3 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. MEDICAL ASSURANCE, INC. Date: June 7, 2001 By: /s/ James J. Morello ----------------------------------------- Name: James J. Morello Its: Treasurer and Chief Financial Officer