---
schema_version: "secwatch.filing_event.v1"
accession: "0001379041-23-000072"
form_type: "8-K"
ticker: "EIG"
cik: "0001379041"
company_name: "Employers Holdings, Inc."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:15:19.907832+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Employers Holdings to incur ~$10.4M charge for early termination of Reno HQ lease

## Summary
- Non-recurring charge of ~$10.4M in Q2 2023 from early lease termination.
- Charge includes $7.6M lease surrender payment and $2.6M write-off of improvements/furniture.
- Lease termination effective June 1, 2023, for former corporate headquarters in Reno, Nevada.
- Decision part of facilities needs review; no further facility changes announced.

## SEC filing metadata
- accession: 0001379041-23-000072
- form_type: 8-K
- ticker: EIG
- cik: 0001379041
- company_name: Employers Holdings, Inc.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.05, 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1379041/000137904123000072/0001379041-23-000072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1379041/000137904123000072/eig-20230505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001379041-23-000072
- JSON: https://secwatch.observer/filing/0001379041-23-000072.json
- Plain text: https://secwatch.observer/filing/0001379041-23-000072.txt

## Key facts
- Restructurings & Charges
  Employers Holdings, Inc. announced a restructuring with charges of approximately $10.4 million, consisting of: (i) a one-time lease surrender payment of $7.6 million; (ii) a write-off of $2.6 million related to remaining leaseh affecting Reno, Nevada.
  - Type: restructuring
  - Charge: approximately $10.4 million, consisting of: (i) a one-time lease surrender payment of $7.6 million; (ii) a write-off of $2.6 million related to remaining leaseh
  - Affected area: Reno, Nevada
  source text: On May 5, 2023, Employers Holdings, Inc. (the “Company”), through its wholly owned subsidiary EIG Services, Inc., entered into an agreement to early terminate the lease for the Company’s former corporate headquarters located in Reno, Nevada, effective as of June 1, 2023. The decision to early terminate the lease was undertaken as part of a review of the Company’s facilities needs. In connection with the lease termination, the Company estimates that it will incur a non-recurring charge of approximately $10.4 million, consisting of: (i) a one-time lease surrender payment of $7.6 million; (ii) a write-off of $2.6 million related to remaining leasehold improvements and furniture and fixtures; and (iii) miscellaneous expenses associated with exiting the property of approximately $0.2 million. The Company expects that these one-time charges will be incurred in the second quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1379041/000137904123000072/0001379041-23-000072-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.