Resolution; CompSource Mutual Insurance Company; State Insurance Fund; trust; public interest.

Summary

The resolution states that the state has a continuing stake in CompSource Mutual because it succeeded the taxpayer‑funded State Insurance Fund. It declares that the company must keep all assets in trust for policyholders and may only become a mutual insurance holding company after paying owners a fair share. The measure also directs the Insurance Commissioner to act in line with these policy statements.

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