Liquidator Asks Court To Approve Reinsurance Commutation Agreement

(June 2, 2016, 10:26 AM EDT) -- CONCORD, N.H. — The liquidator of an insolvent insurer asked a New Hampshire court on May 6 to approve the commutation of reinsurance from the 1970s, ‘80s and ‘90s (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 #10-160624-001M.)

The Home Insurance Co. was placed into liquidation on June 11, 2013, by the Merrimack County Superior Court.

Roger A. Sevigny, New Hampshire’s insurance commissioner and Home’s court-appointed liquidator, says...
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