Michael F. Easley, Governor
Buck Lattimore, Chairman

Bernadine S. Ballance, Commissioner
Thomas J. Bolch, Commissioner
Laura K. Mavretic, Commissioner
Renée C. Riggsbee, Commissioner
Christopher Scott, Commissioner
Dianne C. Sellers, Commissioner

North Carolina
Industrial Commission




TO:         All Interested Parties

FROM:   Chairman Buck Lattimore

DATE:    April 7, 2003 [SEE June 16, 2003 Memo]

RE:         Home Insurance Company

            We have been informed that the Commissioner of Insurance of the State of New Hampshire has placed Home Insurance Company, a domestic New Hampshire insurer, into Rehabilitation. As of the time of this notice, the Commissioner of Insurance has not sought Liquidation of Home.

            Our best current understanding is that the Superior Court of New Hampshire has issued an Order staying proceedings against Home Insurance for ninety days from March 5, 2003. It is not clear that the Order of the Superior Court would suspend payment of weekly disability or medical benefits in workers’ compensation claims. The Industrial Commission has made inquiry to the New Hampshire Commissioner of Insurance.

            The Commissioner of Insurance has issued a press release more fully detailing Home Insurance Company’s current condition.

            The Industrial Commission is proceeding normally with workers’ compensation claims in North Carolina pending additional information from the New Hampshire Commissioner of Insurance. If any claimant does not receive benefits to which they are lawfully entitled or should benefits awarded be suspended or terminated for unexplained reasons, please notify the Industrial Commission.

            Questions or concerns regarding Home Insurance claims should be directed to: Stephen T. Gheen, Chief Deputy Commissioner, 919-807-2540 or gheen@ind.commerce.state.nc.us. Due to the volume of inquiries, email communication is requested if possible, though not required.

            The Industrial Commission website (www.comp.state.nc.us) will be updated as needed with additional information.

Read June 16, 2003 Memo by Chairman Buck Lattimore.

N.C. Industrial Commission · 4319 Mail Service Center · Raleigh, NC 27699-4319
Main Phone: (919) 807-2500 · Fax: (919) 715-0282
NCIC Home Page: http://www.comp.state.nc.us/