Justice Approves Insolvent Insurer’s, Reinsurer’s Commutation Agreement

(July 27, 2016, 9:35 AM EDT) -- CONCORD, N.H. — A New Hampshire justice on July 8 approved a reinsurance commutation agreement between Swiss Re and the Home Insurance Co.’s liquidation estate (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).

(Order available. Document #12-160805-004R.)

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

Roger A. Sevigny, New Hampshire’s insurance commissioner and Home’s court-appointed liquidator, on May 6, 2016, moved for the court to enter an order approving...
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