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PMK > SEC Filings for PMK > Form 8-K on 5-Oct-2009All Recent SEC Filings

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Form 8-K for PMA CAPITAL CORP


5-Oct-2009

Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits


Item 4.01. Changes in Registrant's Certifying Accountant.

On October 1, 2009, PMA Capital Corporation (the "Company") was notified that Beard Miller Company LLP ("Beard"), the Company's independent registered public accounting firm, was combined with Parente Randolph LLC. In connection with the merger, the firm was renamed ParenteBeard LLC and certain of the professional staff and partners of Beard joined ParenteBeard LLC either as employees or partners of ParenteBeard LLC. As a result of the merger, Beard resigned as the auditors of the Company. Following the resignation on October 1, 2009, the Audit Committee of the Company's Board of Directors engaged ParenteBeard LLC as the Company's independent registered public accounting firm.

During the Company's two most recent fiscal years and the nine months ending September 30, 2009, the Company did not consult with Parente Randolph LLC or ParenteBeard LLC regarding the application of accounting principles to a specific completed or proposed transaction or regarding the type of audit opinions that might be rendered on the Company's financial statements, and neither Parente Randolph LLC nor ParenteBeard LLC provided any written or oral advice that was an important factor considered by the Company in reaching a decision as to any such accounting, auditing or financial reporting issue. During the Company's two most recent fiscal years and the nine months ending September 30, 2009, the Company did not consult with Parente Randolph LLC or ParenteBeard LLC regarding any matter that was the subject of a "disagreement" (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a "reportable event" (as described in Item 304(a)(1)(v) of Regulation S-K).

The report of Beard regarding the Company's financial statements for the fiscal years ended December 31, 2008 and 2007 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.

During the Company's two most recent fiscal years and the nine months ending September 30, 2009, there were no disagreements with Beard on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Beard would have caused it to make reference to such disagreement in its reports.

The Company provided Beard with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission and requested that Beard furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements and, if it does not agree, the respects in which it does not agree. A copy of the letter, dated October 1, 2009, is filed as Exhibit 16.1 to this Current Report on Form 8-K.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 16.1 Letter dated October 1, 2009 from Beard Miller Company LLP to the U.S. Securities and Exchange Commission


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