1880 Application for approval of the recapitalization of a domestic stock casualty insurance company  

  • INSURANCE DEPARTMENT

    Application for Approval of the Recapitalization of a Domestic Stock Casualty Insurance Company

    [36 Pa.B. 5942]
    [Saturday, September 23, 2006]

       Homestead Insurance Company, a Commonwealth domiciled stock casualty insurance company, has submitted a Plan of Recapitalization, whereby it proposes to reduce the stated capital of the company. The initial filing was made under 15 Pa.C.S. §§ 1101--4162 (relating to the Business Corporation Law of 1988) and the GAA Amendments Act of 1990 (15 P. 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. A 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. 06-1880. Filed for public inspection September 22, 2006, 9:00 a.m.]

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