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Proposed Acquisition of Control of Delta Dental of Wisconsin, Inc. and Wyssta Insurance Company, Inc.

​​​Last Updated: July 15, 2025​

​​Information on the Acquistion of Control of Delta Dental of Wisconsin, Inc. and Wyssta Insurance Company, Inc. by​ 1962 Holdings, Inc. and GreenCo Holdings, Inc.​  ​

​​​​On July 1, 2025, a Form A filing was submitted on behalf of 1962 Holdings, Inc. (1962 Holdings), and GreenCo Holdings, Inc. (GreenCo Holdings, and together with 1962 Holdings the “Applicants”), regarding the acquisition of control of Delta Dental of Wisconsin, Inc. (DDWI), and Wyssta Insurance Company, Inc. (WIC, and together with DDWI the “Domestic Insurers”). The Form A statement describes a two part transaction to internally restructure the insurance holding company. First that DDWI will convert from a service insurance corporation without member to a service insurance corporation with member. The sole membership interest of the converted DDWI will be held by GreenCo Holdings, with the ultimate controlling person being 1962 Holdings through its sole membership interest on GreenCo Holdings. The second part of the transaction involves an extraordinary dividend of all of the issued and outstanding stock of Wyssta, Inc. from DDWI to GreenCo Holdings and a second extraordinary divided of all of the issued and outstanding stock of Wyssta, Inc. from GreenCo Holdings to 1962 Holdings. As an effect of these two extraordinary dividends 1962 Holdings will become the ultimate controlling person of WIC by becoming the sole direct owner of Wyssta, Inc., who is the sole direct owner of WIC. OCI received the extraordinary dividend requests on June 13, 2025 and will review those requests, as well as similarly filed Form D filings, in connection with the review of the Form A.​​


 A​ Public Hearing will be conducted for this application for change of control.
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Public Comment​​
Interested parties are encourage 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

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