Small picture of Wisconsin capital.State of Wisconsin, Office of the Commissioner of Insurance
Abbreviation for Office of the Commissioner of Insurance, O C I.
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   Information on Insurance Company Mergers, Acquisitions and Conversions

Information on the Restructuring
of Employers Insurance of Wausau
To a Mutual Holding Company
and Stock Insurance Company

On September 15, 2000, EMPLOYERS INSURANCE OF WAUSAU A Mutual Company (Employers) filed a proposed plan of restructuring that, if approved by OCI and Employers' policyholders, would result in the formation of Employers Insurance of Wausau Mutual Holding Company and conversion of Employers from a mutual insurance company to a stock insurance company.

State law allows for a mutual insurance company to convert to a stock insurance company by placing the mutual policyholders' ownership rights in a mutual holding company which then becomes the owner of the newly-converted stock insurance company. This transaction needs to be filed with and approved by OCI before it can be completed. This is a new law and Employers' restructuring filing is the first of its kind in Wisconsin.

Liberty Mutual Insurance Company, of Boston, Massachusetts, which is affiliated with Employers, is also pursuing a similar restructuring with the Massachusetts insurance department. Under the proposed plan, the mutual holding companies created by Employers and Liberty Mutual Insurance Company would be merged with the Liberty Mutual mutual holding company surviving. The converted Employers stock insurance company would remain a Wisconsin domiciled insurance company after the mutual holding company merger.

The restructuring plan filed by Employers, along with all pertinent correspondence and statutorily required information will be placed in this section of OCI's web site.

Application Material Filed on September 15, 2000

Note: You will need an Adobe Acrobat Reader to view or print the material listed below, which you can download at no cost from Adobe .

Supplemental Material Filed on November 17, 2000

Correspondence on OCI's Review of the Application for Restructuring

Note: You will need an Adobe Acrobat Reader to view or print the correspondence listed below, which you can download at no cost from Adobe .

OCI Letter of November 8, 2000

OCI Letter of November 30, 2000

EIOW Letter of May 2, 2001 (not yet available)

OCI Approval of Supplemental Notice to Policyholders of June 12, 2001

OCI Approval of Policyholder Information Statement Packet and Voting Protocols, dated August 30, 2001

EIOW Policyholder Information Statement Packet, as published

Approved Form of Voting Protocols for EIOW Special Policyholders' Meeting

EIOW Letter of September 6, 2001 (not yet available)
   Automated call-in script for calls to Mutual Holding Company Information Line (not yet available)

Confirmation of OCI Approval of Policyholder Information Statement Packet and Voting Protocols, dated September 7, 2001

EIOW Letter of September 12, 2001 (not yet available)

Supplemental Filings in Support of the EIOW Restructuring

Public Hearings

Updated: October 3, 2001
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