# EDGAR Filing Document

**Accession Number:** 0001620459
**File Stem:** 0001620459-25-000098
**Filing Date:** 2025-7
**Character Count:** 9873
**Document Hash:** 35c56874efa38e23b8a8d47ed8479716
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001620459-25-000098.hdr.sgml**: 20250724

**ACCESSION NUMBER**: 0001620459-25-000098

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250721

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250724

**DATE AS OF CHANGE**: 20250724

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** James River Group Holdings, Ltd.
- **CENTRAL INDEX KEY:** 0001620459
- **STANDARD INDUSTRIAL CLASSIFICATION:** FIRE, MARINE & CASUALTY INSURANCE [6331]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 980585280
- **STATE OF INCORPORATION:** D0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36777
- **FILM NUMBER:** 251147053

**BUSINESS ADDRESS:**
- **STREET 1:** CLARENDON HOUSE, 2 CHURCH STREET
- **STREET 2:** HAMILTON
- **CITY:** PEMBROKE
- **STATE:** D0
- **ZIP:** HM 11
- **BUSINESS PHONE:** 1-441-295-1422

**MAIL ADDRESS:**
- **STREET 1:** CLARENDON HOUSE, 2 CHURCH STREET
- **STREET 2:** HAMILTON
- **CITY:** PEMBROKE
- **STATE:** D0
- **ZIP:** HM 11

?xml version='1.0' encoding='ASCII'? jrvr-20250721

**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): <u>July 21, 2025</u>

JAMES RIVER GROUP HOLDINGS, LTD. <br> (Exact name of registrant as specified in its charter)

Bermuda 001-36777 98-0585280 <br> (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

**Clarendon House, 2 Church Street, Hamilton, Pembroke HM11, Bermuda**

**(Address of principal executive offices)**

**(Zip Code)**

**(441) 295-1422** 

**(Registrant**'**s telephone number, including area code)**

 <br> (Former name or former address, if changed since last report.)

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):

**☐**&nbsp;&nbsp;&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

**☐**&nbsp;&nbsp;&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

**☐**&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

**☐**&nbsp;&nbsp;&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| <u>Title of each class</u> | <u>Trading Symbol(s)</u> | <u>Name of each exchange on which registered</u> |
| Common Shares, par value $0.0002 per share | JRVR | NASDAQ Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company **☐**

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. **☐** 

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| | |
|:---|:---|
| **Item 5.02** | **Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.** |

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On July 21, 2025, the Board of Directors (the "<u>Board</u>") of James River Group Holdings, Ltd. (the "<u>Company</u>") appointed Joel D. Cavaness as a director of the Company to fill a vacancy on the Board. Mr. Cavaness was also appointed to serve on the Compensation & Human Capital Committee of the Board.

Mr. Cavaness will be entitled to the compensation that the Company pays its other non-employee directors in the form of cash and equity. For more information on the compensation of the Company's directors, please refer to the disclosure under the heading "Compensation of Directors" in the Company's Amendment No. 1 to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 that was filed with the Securities and Exchange Commission on April 29, 2025, which disclosure is incorporated herein by reference.

There are no arrangements or understandings between Mr. Cavaness and any other person pursuant to which he was appointed as a director of the Company. Mr. Cavaness is not a party to any current or proposed transaction with the Company requiring disclosure under Item 404(a) of Regulation S-K.

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| | |
|:---|:---|
| **Item 7.01** | **Regulation FD Disclosure.** |

---

The Company is furnishing a copy of the press release it issued on July 24, 2025 as Exhibit 99.1 to Form 8-K, which announced the appointment of Mr. Cavaness as a director of the Board described in Item 5.02 of this Form 8-K.

The information provided pursuant to this Item 7.01, including Exhibit 99.1, is "furnished" and shall not be deemed to be "filed" with the Securities and Exchange Commission or incorporated by reference in any filing under the Securities Exchange Act of 1934, as amended, or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filings.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

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(d)&nbsp;&nbsp;&nbsp;&nbsp;Exhibits

The following Exhibit is furnished as a part of this Form 8-K:

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| | |
|:---|:---|
| <u>Exhibit No.</u> | <u>Description</u> |
| 99.1 | <u>[Press Release](exhibit991-pressrelease.htm)[dated](exhibit991-pressrelease.htm)[July 24, 2025](exhibit991-pressrelease.htm)</u> |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

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**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.

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| | |
|:---|:---|
| | **JAMES RIVER GROUP HOLDINGS, LTD.** |
| Dated: July 24, 2025 | By: <u>/s/ Sarah C. Doran</u>  |
|  | Sarah C. Doran |
|  | Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![image_0.jpg](image_0.jpg)

**James River Announces Director Appointment**

PEMBROKE, Bermuda, July 24, 2025 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today announced that Joel Cavaness has been appointed to the Company's Board of Directors as an independent, non-executive member, effective immediately. Mr. Cavaness was also appointed to the Board's Compensation and Human Capital Committee.

*"Joel is an accomplished executive in the wholesale brokerage space and has successfully built high-performing distribution platforms throughout his career,"* said Christine LaSala, Chair of James River's Board of Directors. *"His entrepreneurial mindset, extensive marketplace relationships, and decades of leadership experience align deeply with James River and will add helpful complementary perspective to our Board."*

Mr. Cavaness has nearly four decades of specialty property-and-casualty distribution experience. Most recently, he served as Chairman, Americas Specialty at Arthur J. Gallagher & Co. Prior to serving as Chairman, Mr. Cavaness was President of Risk Placement Services, Inc., which he co-founded in 1997. Earlier in his career, Mr. Cavaness held a series of leadership roles at Arthur J. Gallagher & Co. rising to Corporate Vice President and Division President of the Wholesale Brokerage Operation. He began his career as an underwriter with Crum & Forster Insurance Company. Additionally, Mr. Cavaness served on the Board of Directors of the Wholesale & Specialty Insurance Association for more than a decade.

**Forward-Looking Statements**

This press release contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. In some cases, such forward-looking statements may be identified by terms such as believe, expect, seek, may, will, should, intend, project, anticipate, plan, estimate, guidance or similar words. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Information about these risks and uncertainties is contained in our filings with the U.S. Securities and Exchange Commission, including our most recently filed Annual Report on Form 10-K. These forward-looking statements speak only as of the date of this release and the Company does not undertake any obligation to update or revise any forward-looking information to reflect changes in assumptions, the occurrence of unanticipated events, or otherwise.

**About James River Group Holdings, Ltd.**

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company that owns and operates a group of specialty insurance companies. The Company operates in two specialty property-casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. Each of the Company's regulated insurance subsidiaries are rated "A-" (Excellent) by A.M. Best Company. Visit James River Group Holdings, Ltd. on the web at www.jrvrgroup.com.

Bob Zimardo

SVP, Investments & Investor Relations

InvestorRelations@james-river-group.com

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