Liquidator Asks Court To OK Reinsurance Commutation Agreement

(January 7, 2016, 7:24 AM EST) -- CONCORD, N.H. — The liquidator of an insolvent insurer asked a New Hampshire court on Dec. 16 to approve a reinsurance commutation agreement between the insolvent insurer and the manager of certain insurance/reinsurance pools (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).

(Motion available. Document #10-160129-002M.)

The Home Insurance Co. was placed into liquidation on June 11, 2013, by the Merrimack County Superior Court. New Hampshire’s insurance commissioner was appointed as Home’s liquidator.

Roger A. Sevigny, the...
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