Liquidator Recommends Payment Allowance Of $12.7 Million In Reinsurance Claims

(August 31, 2016, 7:30 AM EDT) -- CONCORD, N.H. — The liquidator of the Home Insurance Co. filed a report and recommendation with a New Hampshire court on Aug. 18, outlining recommendations that include nearly $13 million in reinsurance payments (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).

(Report and recommendations available. Document #10-160923-003X.)

The Home Insurance Co. was placed into liquidation on June 11, 2013, by the Merrimack County Superior Court, and Roger A. Sevigny, the state’s insurance commissioner, was appointed liquidator....
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