Liquidator Asks Court To Approve Reinsurance Commutation Agreement
Mealey's (May 9, 2016, 9:24 AM EDT) -- CONCORD, N.H. — The liquidator of an insolvent insurer asked a New Hampshire court on May 4 to approve a reinsurance commutation agreement between the liquidation estate and the manager of a pool of 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 available. Document #10-160527-026M.)
The Home Insurance Co. was placed into liquidation by the Merrimack County Superior Court on June 11, 2013. Roger A. Sevigny is the state’s...