Liquidator Asks Court To Approve $3 Million Settlement With Electric Utility
(November 12, 2015, 12:02 PM EST) -- CONCORD, N.H. — The liquidator of an insolvent insurer asked a New Hampshire court on Nov. 9 to approve a $3 million settlement of environmental coverage claims between the liquidation estate and an electric utility company (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).
(Liquidator’s motion for approval of settlement with copy of settlement agreement available. Document #10-151120-031M.)
The Home Insurance Co. was ordered liquidated on June 11, 2013, by the Merrimack County Superior Court. The state’s...