1535 Application for approval to reinsure the entire book of business of a domestic insurer and subsequent voluntary surrender of Pennsylvania certificate of authority  

  • INSURANCE DEPARTMENT

    Application for Approval to Reinsure the Entire Book of Business of a Domestic Insurer and Subsequent Voluntary Surrender of Pennsylvania Certificate of Authority

    [46 Pa.B. 5793]
    [Saturday, September 3, 2016]

     Hannahstown Mutual Insurance Company, a domestic mutual property insurance company, has submitted an application for approval to: (1) reinsure its entire sched-ule of policies with Conemaugh Valley Mutual Insurance Company, also a domestic mutual property insurance company; and (2) subsequently voluntarily surrender its certificate of authority to do the business of insurance in this Commonwealth. The request for approval of the reinsurance transaction was submitted under section 319 of The Insurance Company Law of 1921 (40 P.S. § 442).

     Persons wishing to comment on the transaction are invited to submit a written statement to the Insurance Department (Department) within 30 days 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. 16-1535. Filed for public inspection September 2, 2016, 9:00 a.m.]

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