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PA Bulletin, Doc. No. 04-303


Application for Approval of a Recapitalization of a Domestic Stock Insurance Company

[34 Pa.B. 1002]

   Daily Underwriters of America, a Commonwealth stock property insurance company, has submitted a Plan of Recapitalization, whereby it proposes to reduce the stated capital of the company. The initial filing was received on January 26, 2004, and was made under 15 Pa.C.S. §§ 1101--4162 (relating to the Business Corporation Law of 1988) and the GAA Amendments Act of 1990 (15 P. S. §§ 21205--21207). Persons wishing to comment on the grounds of public or private interest to the issuance of the Insurance Department's (Department) order approving this recapitalization are invited to submit a written statement to the Department within 30 days from the date of this issue of the Pennsylvania Bulletin. A written statement must include the name, address and telephone number of the interested party, identification of the application to which the statement is addressed and a concise statement with sufficient detail to inform the Department of the exact basis of the statement and the relevant facts upon which it is based. Written statements should be directed to Stephanie Ohnmacht, Company Licensing Division, Insurance Department, 1345 Strawberry Square, Harrisburg, PA 17120, fax (717) 787-8557,

Insurance Commissioner

[Pa.B. Doc. No. 04-303. Filed for public inspection February 20, 2004, 9:00 a.m.]

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