================================================================================



                                  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):    JUNE 4, 2003


                           FREMONT GENERAL CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)

                                     NEVADA
                 (State or Other Jurisdiction of Incorporation)


         1-8007                                          95-2815260
(Commission File Number)                    (I.R.S. Employer Identification No.)

         2020 SANTA MONICA BOULEVARD - SUITE 600 SANTA MONICA, CA 90404
               (Address of Principal Executive Offices) (Zip Code)

                                 (310) 315-5500
              (Registrant's Telephone Number, Including Area Code)

                                       N/A
          (Former Name or Former Address, if Changes Since Last Report)





================================================================================

<PAGE>


     ITEM  5.    OTHER EVENTS


          On June 4, 2003, Fremont General  Corporation (the "Company") reported
     that in the Superior Court of the State of California for the County of Los
     Angeles, the Insurance  Commissioner of the State of California was granted
     an order of  conservation  over  Fremont  Indemnity  Company  ("FIC").  The
     conservation  order  incorporates  the July 2,  2002  Letter  Agreement  of
     Run-Off and  Regulatory  Oversight  between the  California  Department  of
     Insurance,  the Company and FIC (the  "Agreement"),  and also provides that
     nothing in the order is  intended  to modify any of the  provisions  of the
     Agreement.   FIC  is  the  Company's   discontinued  workers'  compensation
     insurance  subsidiary  and the  Agreement was included as an exhibit to the
     Company's Form 8-K which was filed on July 19, 2002.

          The Company,  during the fourth quarter of 2002, established a reserve
     representing the maximum amount of potential cash  contributions to be made
     to FIC under the  Agreement.  Pursuant to the  provisions of the Agreement,
     the  granting  of  an  order  of  conservation   prior  to  March  1,  2004
     extinguishes  the  obligation  of the Company to provide  any further  cash
     contributions  to FIC.  The  Company  anticipates  that  during  the second
     quarter of 2003,  it will reverse the  remaining  recorded  reserve for the
     potential future cash contributions to FIC.



                                       2


<PAGE>


                                   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 thereunto duly authorized.




                                       FREMONT GENERAL CORPORATION


     Date:  June 4, 2003               BY: /s/    PATRICK E. LAMB
                                       -----------------------------------------
                                       Patrick E. Lamb, Senior Vice President,
                                       Controller and Chief Accounting Officer



                                       3
[{"type": "8-K", "sequence": "1", "filename": "form8k6042003.txt", "description": "FORM 8-K:  JUNE 4, 2003, ITEM 5", "secsgml_size_bytes": 3628}]
{"company-data": {"conformed-name": "FREMONT GENERAL CORP", "cik": "0000038984", "assigned-sic": "6022", "irs-number": "952815260", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-08007", "film-number": "03733241"}, "business-address": {"street1": "2020 SANTA MONICA BLVD", "street2": "STE 600", "city": "SANTA MONICA", "state": "CA", "zip": "90404", "phone": "3103155500"}, "mail-address": {"street1": "2020 SANTA MONICA BLVD", "city": "SANTA MONICA", "state": "CA", "zip": "90404"}}
================================================================================

                                  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):    JUNE 4, 2003

                           FREMONT GENERAL CORPORATION
             (Exact Name of Registrant as Specified in Its Charter)

                                     NEVADA
                 (State or Other Jurisdiction of Incorporation)

         1-8007                                          95-2815260
(Commission File Number)                    (I.R.S. Employer Identification No.)

         2020 SANTA MONICA BOULEVARD - SUITE 600 SANTA MONICA, CA 90404
               (Address of Principal Executive Offices) (Zip Code)

                                 (310) 315-5500
              (Registrant's Telephone Number, Including Area Code)

                                       N/A
          (Former Name or Former Address, if Changes Since Last Report)

================================================================================
ITEM  5.    OTHER EVENTS

          On June 4, 2003, Fremont General  Corporation (the "Company") reported
     that in the Superior Court of the State of California for the County of Los
     Angeles, the Insurance  Commissioner of the State of California was granted
     an order of  conservation  over  Fremont  Indemnity  Company  ("FIC").  The
     conservation  order  incorporates  the July 2,  2002  Letter  Agreement  of
     Run-Off and  Regulatory  Oversight  between the  California  Department  of
     Insurance,  the Company and FIC (the  "Agreement"),  and also provides that
     nothing in the order is  intended  to modify any of the  provisions  of the
     Agreement.   FIC  is  the  Company's   discontinued  workers'  compensation
     insurance  subsidiary  and the  Agreement was included as an exhibit to the
     Company's Form 8-K which was filed on July 19, 2002.

          The Company,  during the fourth quarter of 2002, established a reserve
     representing the maximum amount of potential cash  contributions to be made
     to FIC under the  Agreement.  Pursuant to the  provisions of the Agreement,
     the  granting  of  an  order  of  conservation   prior  to  March  1,  2004
     extinguishes  the  obligation  of the Company to provide  any further  cash
     contributions  to FIC.  The  Company  anticipates  that  during  the second
     quarter of 2003,  it will reverse the  remaining  recorded  reserve for the
     potential future cash contributions to FIC.

                                       2
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 thereunto duly authorized.

                                       FREMONT GENERAL CORPORATION

     Date:  June 4, 2003               BY: /s/    PATRICK E. LAMB
                                       -----------------------------------------
                                       Patrick E. Lamb, Senior Vice President,
                                       Controller and Chief Accounting Officer

                                       3