INSURANCE DEPARTMENT Application for Approval to Acquire Control [37 Pa.B. 735]
[Saturday, February 10, 2007]CLAL Insurance Enterprises Holdings Ltd. (CLAL), an Israeli domiciled corporation, has filed an application to acquire control of the following Commonwealth domiciled insurers: AmGUARD Insurance Company, NorGUARD Insurance Company, EastGUARD Insurance Company and WestGUARD Insurance Company. The acquisition of control is proposed to be achieved through the merger of Guard Financial Group, Inc. with a newly formed acquisition subsidiary of CLAL. AmGUARD Insurance Company, NorGUARD Insurance Company, EastGUARD Insurance Company and WestGUARD Insurance Company are all indirect wholly owned subsidiaries of Guard Financial Group, Inc. The initial filing was received on January 24, 2007, and was made under requirements set forth under the Insurance Holding Companies Act (40 P. S. §§ 991.1401--991.1413).
Persons wishing to comment on the grounds of public or private interest in this merger are invited to submit a written statement to the Insurance Department (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@state.pa.us.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 07-220. Filed for public inspection February 9, 2007, 9:00 a.m.]
