OCI > Conversion of Central Wisconsin Mutual Insurance Company

Conversion of Central Wisconsin Mutual Insurance Company

Last Updated: November 19, 2024

Information on the Proposed Conversion of Central Wisconsin Mutual Insurance Company to a Chapter 611 Mutual Insurance Company

On February 23, 2024, Central Wisconsin Mutual Insurance Company (CWMIC), a 612 town mutual insurer, filed a statement pursuant to s. 612.23 Wis. Stat. on behalf of the company, seeking to convert to a 611 mutual insurer.

Filings

Transmittal Letter
Confidential Supplement Transmittal Letter
Certified resolution of the CWMIC Board of Directors approving the plan
Executed Plan of Conversion including the following exhibits:

Projected Surplus [CONFIDENTIAL]
Business Plan [CONFIDENTIAL]
Proposed Amended and Restated Articles of Incorporation [CONFIDENTIAL]
Proposed Amended and Restated Bylaws [CONFIDENTIAL]
A listing of the proposed directors and officers

A proposed notice of policyholder meeting to be sent to CWMIC policyholders
The proposed summary of the conversion to be sent to CWMIC policyholders with the meeting notice
The proposed policyholder resolution ballot to be presented at the special meeting of the policyholders
The proposed report of policyholder votes to be submitted to the OCI following the special meeting
Proposed compensation of directors and officers [CONFIDENTIAL]
Annual Statements for the year ended December 31, 2023, of CWMIC and each of the entities it merged with effective January 1, 2024:

The most recent unaudited financial statements for CWMIC [CONFIDENTIAL]
Financial Projections [CONFIDENTIAL]
Biographical Affidavits for each of the directors and officers [CONFIDENTIAL]

Policyholder Vote Documents

CWMIC Voting Report

Decision Documents