The Home Insurance Company was a property and casualty insurer domiciled in the State of New Hampshire, and licensed to write property and casualty insurance in the State of New York. The State of New Hampshire Insurance Department, by order of the Superior Court of Merrimack County of the State of New Hampshire, placed the company in liquidation on June 13, 2003. The New York Superintendent of Insurance was appointed Ancillary Receiver on September 24, 2003, by order of the Supreme Court of the State of New York.
In the State of New York, Home wrote workers compensation, general, professional and environmental liability, private passenger and commercial auto as well as surety bonds.
Under New York Insurance law covered claims are paid by three funds - the New York Property / Casualty Insurance Security Fund (P/C Fund), the New York Public Motor Vehicle Liability Security Fund (PMV Fund), and the New York Workers Compensation Security Fund (WC Fund).
The NYLB has retained the services of a third party administrator to expedite the processing of claims against the Home Insurance Company.
Please note that claims for return of unearned premium are covered by the New York Security Funds, and that these claims are handled in-house under the direction of the Finance division.