Examples of Mutual insurance holding company in a sentence
Mutual insurance holding company - Formation.A domestic mutual insurance company, upon approval of the commissioner, may reorganize by forming an insurance holding company based upon a mutual plan and continuing the corporate existence of the reorganizing insurer as a stock insurance company.
Except for the RTU, Interconnection Customer shall have no right to construct any other Connecting Transmission Owner facilities under this option.
Amend § 380.1 by adding definitions of Intermediate insurance stock holding company, Mutual insurance company, and Mutual insurance holding company in alphabetical order to read as follows:§ 380.1 Definitions.* * * * *Intermediate insurance stock holding company.
The 2005 Management Agreement describes the operating relationship among substantially all of the affiliates of State Auto Mutual and State Auto Mutual, the ultimate controlling person in the State Auto Mutual insurance holding company system.
In order to align with the slate of directors of the other insurance companies within the Liberty Mutual insurance holding company group (the “Liberty Mutual Group”), it is expected that none of the current directors serving on the board of directors of SAM will continue as directors of Reorganized SAM.