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Name of Applicant |
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Name of Other Person |
Involved in Merger or |
Acquisition |
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Filed with the Insurance Department of the State of |
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(State of domicile of insurer being acquired) |
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Date: , 20 |
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Name, Title, Address, and Telephone Number of person completing this statement: |
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ITEM 1. NAME AND ADDRESS
State the name and address of the person who hereby provides notice of their involvement in a pending acquisition or change in corporate control.
ITEM 2. NAME AND ADDRESSES OF AFFILIATED COMPANIES
State the name and addresses of the persons affiliated with those listed in Item 1.
Describe their affiliations.
ITEM 3. NATURE AND PURPOSE OF THE PROPOSED MERGER OR ACQUISITION
State the nature and purpose of the proposed merger or acquisition.
ITEM 4. NATURE OF BUSINESS
State the nature of the business performed by each of the persons identified in respect to Item 1 and Item 2.
ITEM 5. MARKET AND MARKET SHARE
State specifically what market and market share in each relevant insurance market the persons identified in Item 1 and Item 2 currently enjoy in this state. Provide historical market and market share data for each person identified in Item 1 and Item 2 for the past five years and identify the source of the data. Provide a determination as to whether the proposed acquisition or merger, if consummated, would violate the competitive standards of this state as stated in RCW
48.31B.020(4). If the proposed acquisition or merger would violate the competitive standards, provide justification of why the acquisition or merger would not substantially lessen competition or create a monopoly in this state.
For purposes of this question, market means direct written premiums in this state for a line of business as contained in the annual statement required to be filed by insurers authorized to do business in this state.
[Statutory Authority: RCW
48.02.060,
48.31B.040, chapter
48.31B RCW, and 2015 c 122. WSR 15-22-062 (Matter No. R 2015-05), § 284-18-950, filed 10/30/15, effective 1/1/16.]