Item 8.01 Other Events
Due to the outbreak of, and local, state and federal governmental responses to,
the COVID-19 coronavirus pandemic,
The Company's operations and business have experienced disruptions due to the
conditions surrounding the COVID-19 pandemic spreading throughout
As a result, the Company is relying on the Order and delaying the filing of the
Form 10-Q. The Company expects to file the Form 10-Q for first quarter by no
later than
The effect of the COVID-19 pandemic on our operations could have a material adverse effect on our business, financial condition, results of operations, or cash flows.
The
As the result of current restrictions put in place to address COVID-19 and the related economic downturn, the Company has experienced business disruptions including, but not limited to, office closures and difficulties in maintaining operational continuance during remote operations required by illness, social quarantining, and work from home orders currently in force. The extent to which our results continue to be affected by COVID-19 will largely depend on future developments which cannot be accurately predicted, including the duration and scope of the pandemic, governmental and business responses to the pandemic and the impact on the global economy. While these factors are uncertain, the COVID-19 pandemic or the perception of its effects could continue to have a material adverse effect on our business, financial condition, results of operations, or cash flows.
Forward-Looking Statements
This Current Report on Form 8-K includes forward-looking statements and
information within the meaning of the federal securities laws regarding the
Company and its businesses. Such statements are based on the current
expectations, estimates, projections, and assumptions made by management. The
words "anticipate," "expect," "believe," "may," "should," "estimate," "project,"
"outlook," "forecast" or similar words are used to identify such forward looking
information. The forward-looking events and circumstances discussed in this
report may not occur and could differ materially as a result of known and
unknown risk factors and uncertainties affecting the Company, including risks
regarding the effects and duration of the COVID-19 pandemic, the insurance
industry, economic factors, and the equity markets generally and the other risk
factors discussed in the Company's Annual Report on Form 10-K for the fiscal
year ended
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predict and beyond management's control. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made, and the Company and its subsidiaries undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
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