Last Updated: December 11, 2013
Information on the Proposed Acquisition of Control of CMG Mortgage Insurance Company (CMG MI), CMG Mortgage Assurance Company (CMG MA) and CMG Mortgage Reinsurance Company (CMG Re) (collectively, the Wisconsin Domestic Insurers) by Arch U.S. MI Holdings Inc. (Applicant)
On September 24, 2013, Arch U.S. MI Holdings Inc. (Applicant) filed a plan to acquire control of the above-referenced domestic insurers, pursuant to the terms of a Stock Purchase Agreement (Purchase Agreement) dated February 7, 2013, whereby the Applicant intends to acquire 100% direct control of CMG MI and CMG MA and to acquire 100% indirect control of CMG Re through the acquisition of all of the issued and outstanding shares. The transaction is subject to all required regulatory approvals, including the approval of this Form A by the Commissioner of Insurance for the State of Wisconsin (the Commissioner).
As required by law, the Office of the Commissioner of Insurance (OCI) will hold a public hearing concerning this application for acquisition of control.
Notations on Accessing Information
Financial information concerning individual insurance companies, including key annual statement pages, may be accessed on the Consumers Information Source section of the National Association of Insurance Commissioners' Web site at https://content.naic.org/consumer.htm.
Application Material Filed on September 24, 2013
Letter from John Chosy, CUNA Mutual Group, to OCI dated September 25, 2013
Letter from OCI dated October 23, 2013
Response Letter dated November 14, 2013
Letter from OCI dated November 22, 2013
Letter from OCI dated November 22, 2013, to John Chosy, CUNA Mutual Group
Response Letter dated December 3, 2013
Letter from OCI dated December 5, 2013, to John Chosy, CUNA Mutual Group
Response Letter dated December 6, 2013, from John Chosy, CUNA Mutual Group
Form E – Consent to Jurisdication
OCI Recommendation Memorandum
Disclaimer of Control
List of Exhibits
Waiver of Right to Object