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  <TITLE> North Pointe Holdings Corporation (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	October 22, 2007
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  	North Pointe Holdings Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Michigan
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  	00051530
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  	383615047
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
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  ______________<BR>
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	28819 Franklin Road, Southfield , Michigan
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  	48034
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	248-358-1171
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <B>
  	Item 1.01 Entry into a Material Definitive Agreement.
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  On October 22, 2007, North Pointe Holdings Corporation (the "Company") entered into a Stock Purchase Agreement with respect to the disposition of all of the outstanding shares of capital stock of one of its insurance company subsidiaries, Home Pointe Insurance Company, to American Capital Assurance Corp., a subsidiary of Safe Harbour Holdings, LLC, a Florida domiciled insurance holding company.  Home Pointe Insurance Company conducts all of the Company&#x2019;s Florida homeowners and dwelling fire operations.  The purchase price for the acquisition is equal to Home Pointe Insurance Company's current GAAP book value, which is approximately $15.3 million.  The transaction is expected to close following the receipt of regulatory approvals.<br><br>
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  	Item 9.01 Financial Statements and Exhibits.
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  (c)  Exhibits.<br><br>Exhibit 99.1 - Press Release dated October 22, 2007
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  <BR><BR><BR><BR><P ALIGN="LEFT" STYLE="FONT-SIZE: 10PT">Forward-Looking Statements: <br><br>     This Form 8-K may contain forward-looking statements, which are not historical facts. These statements involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This Form 8-K should be read in conjunction with the &#x201C;Note on Forward-Looking Statements&#x201D; section in Item 7 of North Pointe Holdings Corporation&#x2019;s 2006 Form 10-K (which section is incorporated by reference herein) and in conjunction with other SEC reports filed by the Company that disclose other factors that may cause the Company&#x2019;s actual results to differ materially. North Pointe Holdings Corporation expressly disclaims any current intention to update any forward-looking statements contained in this report as a result of new information or future events or developments. <br></P><!-- PageBreak START -->
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  	SIGNATURES
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  	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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  	North Pointe Holdings Corporation
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  	&nbsp;&nbsp;
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  <I>
  	October 22, 2007
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  	&nbsp;
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  <I>
  	By:
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  <I>
  	/s/James G. Petcoff
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  	&nbsp;
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  <I>
  	Name: James G. Petcoff
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  <I>
  	Title: Chairman / Chief Executive Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	Description
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  	99.1
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  	&nbsp;
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  Press Release issued by North Pointe Holdings Corporation dated October 22, 2007
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_23294.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11442}]
metadata_filer: {"company-data": {"conformed-name": "NORTH POINTE HOLDINGS CORP", "cik": "0001171218", "assigned-sic": "6331", "irs-number": "000000000"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-51530", "film-number": "071183514"}, "business-address": {"street1": "28819 FRANKLIN ROAD", "street2": "SUITE 300", "city": "SOUTHFIELD", "state": "MI", "zip": "48034", "phone": "2483581171"}}
text: North Pointe Holdings Corporation (Form: 8-K)
  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):
  October 22, 2007
  North Pointe Holdings Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Michigan
  00051530
  383615047
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  28819 Franklin Road, Southfield , Michigan
  48034
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  248-358-1171
  Not Applicable
  ______________________________________________
  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:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 1.01 Entry into a Material Definitive Agreement.
  On October 22, 2007, North Pointe Holdings Corporation (the "Company") entered into a Stock Purchase Agreement with respect to the disposition of all of the outstanding shares of capital stock of one of its insurance company subsidiaries, Home Pointe Insurance Company, to American Capital Assurance Corp., a subsidiary of Safe Harbour Holdings, LLC, a Florida domiciled insurance holding company.  Home Pointe Insurance Company conducts all of the Company's Florida homeowners and dwelling fire operations.  The purchase price for the acquisition is equal to Home Pointe Insurance Company's current GAAP book value, which is approximately $15.3 million.  The transaction is expected to close following the receipt of regulatory approvals.
  Item 9.01 Financial Statements and Exhibits.
  (c)  Exhibits.
  Exhibit 99.1 - Press Release dated October 22, 2007
  Forward-Looking Statements:
  This Form 8-K may contain forward-looking statements, which are not historical facts. These statements involve risks and uncertainties and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This Form 8-K should be read in conjunction with the "Note on Forward-Looking Statements" section in Item 7 of North Pointe Holdings Corporation's 2006 Form 10-K (which section is incorporated by reference herein) and in conjunction with other SEC reports filed by the Company that disclose other factors that may cause the Company's actual results to differ materially. North Pointe Holdings Corporation expressly disclaims any current intention to update any forward-looking statements contained in this report as a result of new information or future events or developments.
  Top of the Form
  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.
  North Pointe Holdings Corporation
  October 22, 2007
  By:
  /s/James G. Petcoff
  Name: James G. Petcoff
  Title: Chairman / Chief Executive Officer
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  99.1
  Press Release issued by North Pointe Holdings Corporation dated October 22, 2007