Hearing Date: September 10, 2025
Pursuant to the provisions of Iowa Code sections 17A.12 and 521A.3(4)(a)(1)-(6), the Commissioner of Insurance for the State of Iowa will hold a public hearing regarding the application by MS&AD Insurance Group Holdings, Inc., Mitsui Sumitomo Insurance Company, Limited, and Symphony Partners, LLC (collectively “Applicants”) for the acquisition of control of Acadia Insurance Company, Carolina Casualty Insurance Company, Clermont Insurance Company, Continental Western Insurance Company, Berkley Assurance Company, Berkley Casualty Company, Berkley Life and Health Insurance Company, Berkley Luxury Insurance Company, Berkley National Insurance Company, Berkley Prestige Insurance Company, Berkley Regional Insurance Company, Intrepid Casualty Company, Intrepid Insurance Company, Intrepid Specialty Insurance Company, Key Risk Insurance Company, Riverport Insurance Company, Tri-State Insurance Company of Minnesota, Starnet Insurance Company and Union Insurance Company (collectively, “Domestic Insurers”).
The hearing will be a public opportunity for the Applicants and any other interested party to present evidence and argument relevant to Applicants’ acquisition of control of the Domestic Insurers. Applicable rules of evidence are found at Iowa Code sections Iowa Code sections 17A.12–17.
The hearing will be held both in person and virtually. Links to the Webex meeting will be sent to the Applicants and Domestic Insurers by the Iowa Insurance Division. Members of the public can join the hearing in person or by calling 1-408-418-9388 and entering the meeting access code: 2348 293 0676. Members of the public may also request a link to the Webex meeting by emailing Breanna Thacker at Breanna.thacker@iid.iowa.gov no later than 3:00 PM CST on September 9, 2025.