1693 Application and request for plan approval of a mutual-to-stock conversion and subsequent merger  

  • INSURANCE DEPARTMENT

    Application and Request for Plan Approval of a Mutual-to-Stock Conversion and Subsequent Merger

    [46 Pa.B. 6196]
    [Saturday, October 1, 2016]

     Clearfield County Grange Mutual Fire Insurance Company (Clearfield), a Pennsylvania domiciled mutual property insurance company, submitted a plan of conversion which provides for conversion from a mutual property insurance company to a stock property insurance company. The filing, received on July 29, 2016, was made under the Insurance Company Mutual-to-Stock Conversion Act (40 P.S. §§ 911-A—929-A).

     Included within the application was a request by Clearfield for approval of a subsequent merger. The Mutual Insurance Company of Lehigh County (Lehigh) separately filed for Insurance Department (Department) approval of a plan of conversion and subsequent merger. It is the intent that Clearfield merge with and into Lehigh after completion of their respective conversions.

     The filing is available on the Department's web site at www.insurance.pa.gov. After first scheduling an appointment, consumers may also view the application and supplemental documents at the Department's Harrisburg office, which can be reached at (717) 787-0877.

     Persons wishing to comment on the grounds of public or private interest are invited to submit a written statement to the Department within 30 days from the date of publication of this notice in the Pennsylvania Bulletin. Each written statement must include the name, address and telephone number of the interested party; identification of the application to which the statement is addressed; and a concise statement with sufficient detail and relevant facts to inform the Department of the exact basis of the statement. Written statements should be directed to Cressinda Bybee, Company Licensing Division, Insurance Department, 1345 Strawberry Square, Harrisburg, PA 17120, fax (717) 787-8557, cbybee@pa.gov.

     Comments received will be part of the public record regarding the filing and will be forwarded to the applicant for appropriate response.

    TERESA D. MILLER, 
    Insurance Commissioner

    [Pa.B. Doc. No. 16-1693. Filed for public inspection September 30, 2016, 9:00 a.m.]

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