Liquidator Asks For Approval Of $14 Million Settlement Agreement With Church

(June 13, 2016, 10:47 AM EDT) -- CONCORD, N.H. — The liquidator of an insolvent insurer asked a New Hampshire court on June 6 to approve a $14 million settlement agreement between the liquidator and the Archdiocese of Saint Paul and Minneapolis (In the Matter of the Liquidation of The Home Insurance Company, No. 03-E-0106, N.H. Sup., Merrimack Co.).

(Motion available. Document #10-160624-023M.)

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

Roger A. Sevigny, New Hampshire’s insurance commissioner and Home’s court-appointed liquidator, says...
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