Liquidator Asks Court To Approve $7 Million Asbestos Claims Settlement

(September 19, 2016, 11:46 AM EDT) -- CONCORD, N.H. — The liquidator of an insolvent insurer asked a New Hampshire court on Aug. 23 to approve a settlement agreement regarding asbestos claims under a number of policies issued in the 1970s and 1980s (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).

(Motion available. Document #10-160923-002M.)

The Merrimack County Superior Court placed The Home Insurance Co. into liquidation on June 11, 2013.

Roger A. Sevigny, New Hampshire’s insurance commissioner and Home’s court-appointed liquidator, moved for...
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