682 Application and request for approval of a recapitalization of a domestic stock insurance company
Application and Request for Approval of a Recapitalization of a Domestic Stock Insurance Company [33 Pa.B. 1902] The Insurance Company of North America, a Pennsylvania stock property insurance company, has submitted a Plan of Recapitalization, whereby it proposes to reduce the stated capital of the company. The initial filing was received on April 2, 2003, and was made under the requirements set forth in the Business Corporation Law of 1988, 15 Pa.C.S. §§ 21205--21207. Persons wishing to comment on the grounds of public or private interest to the issuance of the Insurance Department's (Department) order approving this recapitalization are invited to submit a written statement to the Department within 7 days from the date of this issue of 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 to inform the Department of the exact basis of the statement and the relevant facts upon which it is based. Written statements should be directed to Robert Brackbill, Company Licensing Division, Insurance Department, 1345 Strawberry Square, Harrisburg, PA 17120, fax (717) 787-8557, rbrackbill@state.pa.us.
M. DIANE KOKEN,
Insurance Commissioner[Pa.B. Doc. No. 03-682. Filed for public inspection April 11, 2003, 9:00 a.m.]
