New Hampshire Justice Approves Reinsurance Commutation Agreement

Mealey's (July 18, 2016, 12:38 PM EDT) -- CONCORD, N.H. — A New Hampshire justice on July 7 approved a reinsurance commutation agreement between an insolvent insurer’s liquidation estate and a reinsurer that acquired portfolios of reinsurance run-off business (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).

(Order available. Document #10-160722-023R.)

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

Roger A. Sevigny, the state’s insurance commissioner and Home’s court-appointed liquidator, on May 4, 2016, moved for the...
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