Item 8.01 Other Events
On June 5, 2009, a wholly-owned subsidiary of the Registrant, American Hallmark
Insurance Company ("AHIC"), completed the previously announced acquisition of
all of the issued and outstanding shares of CYR Insurance Management Company
("CYR"), a Texas corporation, from T.B.A. Insurance Group, Ltd. (the
"Seller"). CYR has as its primary asset a management agreement with State and
County Mutual Fire Insurance Company ("SCM") which provides for CYR to have
management and control of SCM. Prior to the execution and closing of the
purchase agreement, there was no material relationship between the Seller and
the Registrant or any of its affiliates.