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.