Liquidator Asks Court To Approve Reinsurance Commutation Agreement
(December 14, 2015, 12:04 PM EST) -- CONCORD, N.H. — The liquidator of an insolvent insurer asked a New Hampshire court on Dec. 11 to grant approval of a reinsurance commutation agreement between the liquidation estate and one of the insolvent insurer’s reinsurers (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).
(Motion for approval of reinsurance commutation agreement with redacted copy of agreement as exhibit available. Document #10-151224-023M.)
The Merrimack County Superior Court placed The Home Insurance Co. into liquidation on June 11, 2013,...