Liquidator Asks Permission To Finalize $4.5M Asbestos- Related Settlement

(December 9, 2015, 11:17 AM EST) -- CONCORD, N.H. — The liquidator of an insolvent insurer asked a New Hampshire court on Dec. 4 to approve a $5.5 million settlement agreement regarding four asbestos-related proofs of claim from an insured company (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).

(Liquidator’s motion for approval of settlement with Champion available. Document #10-151224-021M.)

The Home Insurance Co. entered into liquidation on June 11, 2013, by order of the Merrimack County Superior Court. New Hampshire’s insurance commissioner was...
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