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Proposed Acquisition of Control of SU Insurance Company

​​Last Updated: April 8, 2026

Information on the Proposed Acquisition of Control of SU Insurance Company by Polaski Family Trust

On September 5, 2025, a Form A filing was submitted on behalf of the Polaski Family Trust (Polaski Family Trust, the “Applicant"), regarding the acquisition of control of SU Insurance Company (SUIC, the “Domestic Insurer"). The acquisition of control would occur pursuant to the Polaski Trust Agreement. The Applicants intend that SUIC will issue 15,200 shares of non voting common stock in exchange for the surrender of 15,200 voting shares of SUIC common stock owned by the Michael H. Polaski Trust, u/a/d December 28, 2017 (Polaski Trust). After the exchange, 200 voting shares of SUIC common stock will be owned by the Polaski Trust, representing all of the Domestic Insurer's outstanding voting shares. ​Jennifer McFarland, Joseph Fallico, and Thomas Nichols (together the “Trustees"), will contribute all 200 voting shares from the Polaski Trust to the Polaski Family Trust.

As required by Wisconsin law, a Public Hearing is required concerning this application for change of control.

Public Comment

Interested parties are encouraged to submit written comments to OCI at any time prior to the public hearing. Written comments may be emailed to OCI at: OCICompanyLicensing@wisconsin.gov. Please include the transaction title in the subject line of the email. Comments received are public record and will be posted to this webpage.

Filings

  • Transmittal Letter        
  • Amended Transmittal Letter
  • Form A Filing
  • Articles of Incorporation
  • Bylaws of SUIC
  • Trust Agreement [CONFIDENTIALITY REQUEST UNDER REVIEW]
  • Pre Transaction Organizational Chart [CONFIDENTIALITY REQUEST UNDER REVIEW]
  • Post Transaction Organizational Chart [CONFIDENTIALITY REQUEST UNDER REVIEW]
  • Consent Minutes of Shareholders and Directors [CONFIDENTIALITY REQUEST UNDER REVIEW]
  • List of Trustees of the Polaski Trust and Polaski Family Trust [CONFIDENTIALITY REQUEST UNDER REVIEW]
  • List of Directors and Executive Officers of SUIC​
  • Biographical Affidavits of Directors and Executive Officers [CONFIDENTIAL]
  • SUIC Business Plan [CONFIDENTIAL]
  • SUIC Three Year Financial Projections [CONFIDENTIAL]

Hearing Documents

  • Notice of Hearing Notification
  • Notice of Hearing
  • List of Exhibits
  • Recommendation Memo

Proposed Decision

  • Proposed Decision Notification
  • Proposed Decision
  • Waiver of Right to Object – Domestic Insurer
  • Waiver of Right to Object – Applicant

Final Decision

  • Final Decision Notification
  • Final Decision​

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