Insurer: Insolvent Insurer’s Settlement With Co-Insured Does Not Affect Insurer
(December 22, 2015, 10:20 AM EST) -- CONCORD, N.H — The insurer of a company also insured by an insolvent insurer told a New Hampshire court on Dec. 11 that the liquidator of the insolvent insurer’s recent settlement with their co-insured in no way affects any past or future claims the insurer may have against the insolvent insurer (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).
(Response available. Document #10-151224-031B.)
The Home Insurance Co. was placed into liquidation by the Merrimack County Superior Court...