Washington To Hold Hearing on Purchase of National Merit Insurance

The Washington Office of the Insurance Commissioner announced it will holding a hearing at 12 p.m. on Jan. 9, 2009, to discuss the sale of Trinity Universal Insurance Co. to National Merit Insurance Co.

According to the OIC, National Merit in Bellevue, Wash., is a wholly-owned subsidiary of the Direct Response Corp. of Meriden, Conn. Trinity Universal is a wholly-owned subsidiary of Unitrin Inc., a publicly held company located in Chicago. In late September, the DOI received the application from National Merit for the purchase. The January public hearing, will help the Commissioner’s office decide whether to approve the sale.

For information, visit www.insurance.wa.gov/insurers/national-merit-sale.shtml.

Source: OIC