Judge Approves Settlement, Reinsurance Commutation For Insurer In Liquidation

Mealey's (April 25, 2019, 9:36 AM EDT) -- CONCORD, N.H. — A New Hampshire trial judge recently approved a $27 million settlement between the liquidator of The Home Insurance Co. and federal government claimants as well as a separate reinsurance commutation agreement in the amount of $1.3 million between the liquidator and a reinsurer (In the matter of the liquidation of The Home Insurance Co., No. 03-E-0106, N.H. Super., Merrimack Co.)....