8-K

UNITED STATES
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)
September 10, 2007

HCC INSURANCE HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

Delaware
(State or other jurisdiction
of incorporation) 001-13790
(Commission File
Number) 76-0336636
(IRS Employer
Identification No.)

13403 Northwest Freeway Houston, Texas	77040-6094
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (713) 690-7300

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

     o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.02 Termination of a Material Definitive Agreement.

     On September 10, 2007, we notified the trustee for our 2.00% Convertible Notes of our intent to redeem the remaining outstanding balance of these Notes in the approximate amount of $170.3 million. Settlement of the redemption of these Notes, with accumulated interest, is expected to occur approximately thirty days from the date hereof.

     A press release describing the transaction is attached as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

No.		Exhibit
	99.1	Press Release dated September 10, 2007 related to the redemption of the 2.00% Convertible Notes

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.

	HCC INSURANCE HOLDINGS, INC.
Date: September 10, 2007	By:	/s/ Frank J. Bramanti
		Frank J. Bramanti,
		Chief Executive Officer

EXHIBIT INDEX

Exhibit No.	Description
Exhibit 99.1	Press Release dated September 10, 2007 related to the redemption of the 2.00% Convertible Notes

EX-99.1

Exhibit 99.1

HCC ANNOUNCES INTENT TO REDEEM
2% CONVERTIBLE NOTES

HOUSTON (Sep 10, 2007)

HCC Insurance Holdings, Inc. (NYSE Symbol: HCC) announced today that it had notified the trustee for its 2% Convertible Notes of its intent to redeem the remaining outstanding balance of approximately $170.3 million. Settlement of the redemption of these Notes, with accumulated interest, is expected to occur in approximately 30 days.

HCC’s Chief Executive Officer, Frank J. Bramanti commented, “As part of our active evaluation of our capital structure, our Board of Directors decided it was appropriate to redeem this convertible issue. The Company will fund this redemption with an advance under its bank syndicated line of credit.”

Headquartered in Houston, Texas, HCC is a leading international specialty insurance group with offices across the United States and in Bermuda, Spain, Ireland and the United Kingdom. HCC has assets exceeding $7.9 billion, shareholders’ equity of $2.2 billion and is rated AA (Very Strong) by Standard & Poor’s and A+ (Superior) by A.M. Best Company.

For more information, visit our website at www.hcc.com.

Contact:	Barney White
	HCC Insurance Holdings, Inc.
	Telephone: (713) 744-3719

Forward-looking statements contained in this press release are made under “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The types of risks and uncertainties which may affect the Company are set forth in its periodic reports filed with the Securities and Exchange Commission.