Proposed Transfer of Domicile of CUNA from WI to IA

​​​​​​Last Updated: February 14, 2007

Information on the Proposed Transfer of Domicile of CUNA Mutual Insurance Society, CUMIS Insurance Society, Inc.​, MEMBERS Life Insurance Company from the State of Wisconsin to the State of Iowa

On October 13, 2006, CUNA Mutual Insurance Society filed a plan to transfer its state of domicile from the State of Wisconsin to the State of Iowa pursuant to s. 611.223 (2), Wis. Stat., and to become a foreign insurer in the State of Wisconsin under ch. 618, Wis. Stat. On November 2, 2006, similar plans were filed for CUMIS Insurance Society, Inc., and MEMBERS Life Insurance Company.

The request, along with all pertinent correspondence and statutorily required information, will be placed in this section of OCI's Web site.

CUNA Mutual Insurance Society Transfer of Domicile Request Filed on October 13, 2006

• Request letter to Tim Vande Hey, OCI, from Janet L. Ekenberg, Senior Law Specialist from CUNA Mutual Group, dated October 13, 2006
• Comparison of Wisconsin and Iowa Insurance Regulation
• Iowa Certificate of Authority
• Iowa Insurance Department Letter
• Uniform Certificate of Authority Application (UCAA) Checklist
• UCAA Form 2E
• UCAA Form 3
• Filing Fee
• Compulsory Surplus Calculation
• Certificate of Deposit - not required by Wisconsin
• Name Approval - Not Applicable
• UCAA Form 8 Questionnaire
• Narrative
• Leadership Structure
• Board of Directors
• Tax Sharing Agreement
• Investment Policy
• Schedule S
• Permitted Practice Letters
• Holding Company Form B - incorporated by reference only
• Certificate of Compliance - not applicable
• Examination Report as of December 31, 2000 - incorporated by reference only
• Statutory Memberships
• Public Records Package - incorporated by reference only
• NAIC Biographical Affidavits - incorporated by reference only
• State Specific Information
• Custodial Statement
• Agent for Service of Process

CUMIS Insurance Society, Inc., Transfer of Domicile Request Filed on November 2, 2006

• Request letter to Tim Vande Hey, OCI, from Janet L. Ekenberg, Senior Law Specialist from CUNA Mutual Group, dated November 1, 2006
• Comparison of Wisconsin and Iowa Insurance Regulation
• Iowa Certificate of Authority
• Iowa Insurance Department Letter
• Uniform Certificate of Authority Application (UCAA) Checklist
• UCAA Form 2E
• UCAA Form 3
• Filing Fee
• Compulsory Surplus Calculation
• Certificate of Deposit - not required by Wisconsin
• Name Approval - Not Applicable
• UCAA Form 8 Questionnaire
• General Agency Crop Insurance Agreement
• Narrative
• Tax Sharing Agreement
• Investment Policy
• Holding Company Form B - incorporated by reference only
• Certificate of Compliance - not applicable
• Examination Report as of December 31, 2000 - incorporated by reference only
• Statutory Memberships
• Public Records Package - incorporated by reference only
• NAIC Biographical Affidavits - incorporated by reference only
• State Specific Information
• Custodial Statement
• Agent for Service of Process​

MEMBERS Life Insurance Company Transfer of Domicile Request Filed on November 2, 2006

• Request letter to Tim Vande Hey, OCI, from Janet L. Ekenberg, Senior Law Specialist from CUNA Mutual Group, dated November 1, 2006
• Comparison of Wisconsin and Iowa Insurance Regulation​
• Iowa Certificate of Authority
• Iowa Insurance Department Letter
• Uniform Certificate of Authority Application (UCAA) Checklist
• UCAA Form 2E
• UCAA Form 3
• Filing Fee
• Compulsory Surplus Calculation
• Certificate of Deposit - not required by Wisconsin
• Name Approval - Not Applicable
• UCAA Form 8 Questionnaire
• Narrative
• Tax Sharing Agreement
• Investment Policy
• Holding Company Form B - incorporated by reference only
• Examination Report as of December 31, 2000 - incorporated by reference only
• Statutory Memberships
• Public Records Package - incorporated by reference only
• NAIC Biographical Affidavits - incorporated by reference only
• State Specific Information
• Custodial Statement
• Agent for Service of Process

Policyholder Rights Comparison - MHC and Demutualization Laws of Wisconsin and Iowa

• Policyholder Rights Comparison provided by CUNA Mutual representatives received December 18, 2006​

• Cover letter to Tim Vande Hey, OCI, from Mark K. Willson, Senior Law Specialist from CUNA Mutual Group, dated December 27, 2006
• Board presentation - executive summary regarding Strategic Imperatives/Threats dated September 2003
• Board presentation - power point presentation by Hagberg Consulting Group to the Board from September 2005

Letter from OCI dated January 8, 2007

• Letter to Janet Ekenberg, Senior Law Specialist, CUNA Mutual Group from Tim Vande Hey, OCI, dated January 8, 2007

Response dated January 15, 2007

• Response letter to Tim Vande Hey, OCI, from Faye Patzner, Senior Vice President & General Counsel, CUNA Mutual Group, dated January 15, 2007
• Proposed Articles
• Proposed Bylaws
• Comparison Chart
• Policyholder Rights/Protections
• Comparison of Wisconsin & Iowa Insurance Regulation

E-mail received January 24, 2007

• E-mail from Steve Suleski, Vice President and Associate General Counsel, CUNA Mutual Group, dated January 24, 2007

Letter to Commissioner

• Letter to Commissioner Sean Dilweg from Jeff Post, President & Chief Executive Officer, CUNA Mutual Group, dated February 8, 2007​

Stipulation and Order

• Stipulation and Order dated February 8, 2007

Approval Letter

• Approval Letter dated February 9, 2007​​