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) May 15, 2003







                            PENN-AMERICA GROUP, INC.
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            (Exact name of registration as specified in this charter)







         Pennsylvania                   0-22316               23-2731409
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(State or other jurisdiction of    (Commission File        (I.R.S. Employer
incorporation or organization)          Number)            Identification No.)



420 S. York Road, Hatboro, Pennsylvania                  19040
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(Address of principal executive offices)              (Zip Code)


Registrant's telephone number, including area code:   (215) 443-3600






Items 1-8.  None

Item 9.  Regulation FD Disclosure

On May 15, the Company, through its wholly owned insurance company subsidiaries,
Penn-America  Insurance Company and Penn-Star Insurance Company, filed Quarterly
Statements  with the  Department  of Insurance of  Pennsylvania,  their state of
domicile,  departments  of  insurance  in other  states  where the Company  does
business,  and with the National  Association  of Insurance  Commissioners  (the
"NAIC").

The  Company  wishes  to  inform  all  interested  parties  that  the  Quarterly
Statements are available from:

Pennsylvania Department of Insurance
1345 Strawberry Square
Harrisburg, PA  17120
Attn:  Kaushik Patel
(717) 787-5890

Penn-America Group, Inc.
420 S. York Road
Hatboro, PA  19040
Attn:  Stacey Manzo
(215) 443-3600

or from the Company's website:  www.penn-america.com






                                   SIGNATURES

         Pursuant to the  requirements  of Section 13 or 15(d) 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.

                                 PENN-AMERICA GROUP, INC.



Date:  May 15, 2003
                                 BY: /s/ Garland P. Pezzuolo
                                 Garland P. Pezzuolo
                                 (Vice President, Secretary and General Counsel)