-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PZqYsTOtk1gWXvY3bOfqwvERh/yuBp8nxAt5XPW6A951h/e553L8RgBP2QfVJxAs vP+bCbhRTV5nnnKD31DO4A== 0001017917-04-000014.txt : 20040818 0001017917-04-000014.hdr.sgml : 20040818 20040818145951 ACCESSION NUMBER: 0001017917-04-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040816 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040818 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CCC INFORMATION SERVICES GROUP INC CENTRAL INDEX KEY: 0001017917 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] IRS NUMBER: 541242469 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28600 FILM NUMBER: 04984028 BUSINESS ADDRESS: STREET 1: WORLD TRADE CENTER CHICAGO STREET 2: 444 MERCHANDISE MART CITY: CHICAGO STATE: IL ZIP: 60654 BUSINESS PHONE: 3122224636 MAIL ADDRESS: STREET 1: 444 MERCHANDISE MART CITY: CHICAGO STATE: IL ZIP: 606541005 8-K 1 doc1.txt SETTLEMENT OF INSURANCE COVERAGE DISPUTE UNITED STATES 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): August 16, 2004 CCC INFORMATION SERVICES GROUP INC. (Exact name of registrant as specified in its chapter) Delaware 000 - 28600 54-1242469 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) World Trade Center Chicago 444 Merchandise Mart Chicago, Illinois 60654 (Address of Principal Executive Offices) --------------------------------- 312-222-4636 (Registrant's telephone number, including area code) --------------------------------- ITEM 5. OTHER EVENTS - -------------------- The company today announced the settlement of a dispute that had been pending between the company and certain of its insurers that had issued insurance policies to the company over the past several years. Under the terms of the settlement, which was signed on August 16, 2004, the insurers will pay the company approximately $4.75 million, and the parties have agreed to dismiss the legal proceedings relating to this matter and to provide mutual releases. The settlement involved a lawsuit filed by the company's insurers involving coverage in connection with the litigation involving the company's vehicle valuation product now known as CCC Valuescope Claim Services. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS - ----------------------------------------- (a) Financial Statements of Business Acquired Not Applicable. (b) Pro Forma Financial Information Not Applicable. (c) Exhibits 99.1 Press Release issued August 16, 2004. 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. Dated: August 16, 2004 CCC INFORMATION SERVICES GROUP INC. By: /s/ Robert S. Guttman ----------------------- Senior Vice President, General Counsel and Secretary EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION - ------ ----------- 99.1 Press Release issued August 16, 2004. EX-99.1 2 doc2.txt PRESS RELEASE ISSUED AUGUST 16, 2004 CCC INFORMATION SERVICES GROUP ANNOUNCES SETTLEMENT OF INSURANCE COVERAGE DISPUTE CHICAGO, August 16, 2003 - CCC Information Services Group Inc. (Nasdaq: CCCG - News) today announced the settlement of a dispute that had been pending between the company and certain of its insurers that had issued insurance policies to the company over the past several years. Under the terms of the settlement, which was signed on August 16, 2004, the insurers will pay the company approximately $4.75 million, and the parties have agreed to dismiss the legal proceedings relating to this matter and to provide mutual releases. The settlement involved a lawsuit filed by the company's insurers involving coverage in connection with the litigation involving the company's vehicle valuation product now known as CCC Valuescope Claim Services. The company expects to use this settlement, along with previously accrued charges and other available insurance proceeds, for defense costs and/or settlements related to certain litigation involving CCC Valuescope Claim Services. The company cannot predict at this time, however, whether total defense costs and/or settlements for this litigation will be more or less than the aggregate amount of the current recovery, previously accrued charges and other insurance proceeds. The company also cannot predict at this time whether any other insurance proceeds will be available for the defense and/or settlement of CCC Valuescope litigation. ABOUT CCC CCC Information Services Group Inc. (Nasdaq: CCCG - News), headquartered in Chicago, is a leading supplier of advanced software, communications systems, Internet and wireless-enabled technology solutions to the automotive claims and collision repair industries. Its technology-based products and services optimize efficiency throughout the entire claims management supply chain and facilitate communication among approximately 21,000 collision repair facilities, 350 insurance companies, and a range of industry participants. For more information about CCC Information Services, visit CCC's Web site at www.cccis.com. This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are subject to the safe harbor provisions of those sections and the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in the company's filings with the SEC, and that actual results or developments may differ materially from those in the forward-looking statements. Specific factors that might cause actual results to differ from expectations include, but are not limited to, competition in the automotive claims and collision repair industries, the ability to develop new products and services, the ability to protect trade secrets and proprietary information, the ability to generate the cash flow necessary to meet the company's obligations, the outcome of certain legal proceedings, and other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis, judgment, belief or expectation only as of the date hereof. The company has based these forward-looking statements on information currently available and disclaims any intention or obligation to update or revise any forward-looking statement. -----END PRIVACY-ENHANCED MESSAGE-----