New Hampshire Insurance Commissioner Moves to Liquidate Silica Defendant's Insurer

CONCORD, N.H. - An insurance carrier that was ordered into rehabilitation earlier this year, causing one of its insureds to seek a 90-day stay of all silica claims pending against it, may now be forced to liquidate. In the Matter of the Rehabilitation of The Home Insurance Company, No. 03-E-0106 (N.H. Super. Ct., Merrimack Cty.).

According to a petition filed May 8 in New Hampshire's Merrimack County Superior Court, the state Commissioner of Insurance has requested an order placing the Home Insurance Company into liquidation.

Home Insurance is currently under an order of rehabilitation, which was entered by the commissioner …