Justice OKs Liquidator’s Report Including More Than $2M In Ceded Reinsurance
(September 15, 2015, 9:24 AM EDT) -- CONCORD, N.H. — A New Hampshire justice on Sept. 8 approved the liquidator of an insolvent insurer’s recommendations of claims for more than $2 million for verified losses ceded to the insolvent insurer and its United Kingdom branch (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).
(Order approving report and recommendations available. Document #10-150925-016R.)
The Merrimack County Superior Court placed The Home Insurance Co. into liquidation on June 11, 2003, and appointed the state’s insurance commissioner as...