The New Jersey state Legislature passed S-1559 on Jan. 10, 2022, which would allow consumers to bring ‘bad-faith’ lawsuits against insurers to remove certain recoverable expenses.
Two gangs that enlisted trusted professionals to steal $100 million dollars from insurance companies were taken down Wednesday in what the feds are calling one of the biggest fraud busts in history.
After being pummeled by two tropical storms that submerged basements, cracked home foundations and destroyed belongings, Northeastern U.S. residents still in the throes of recovery are being hit with another unexpected blow: Thousands of families are now swamped with financial losses because they didn’t have flood insurance.
Most of those caught off guard by the intense downpours from the remnants of Hurricane Ida and Tropical Storm Henri lived in areas outside of coastal floodplains, making flood insurance an afterthought for most of the working-class families whose neighborhoods were among the hardest hit.
"When we called the insurance company, the first thing they told us is that they don’t provide any assistance for anything that’s caused by a storm. And they left it at that," Amit Shivprasad said, his rising voice echoing frustrations shared among his neighbors in the Jamaica section of Queens.
It felt like the end of her world for Clifton’s Maria De Lourdes Torres. In March, her husband of 40 years, Norman Chidiac, died of COVID-related complications. Then came Hurricane Ida.
The first thing Larry McCanney fell in love with was the tree in the front yard. It cast shade on the porch of a house that, if he were honest, needed some work. But McCanney is handy, the price was right and the location was perfect, just a couple of miles from his childhood home in Burlington, N.J.
At least 22 people were killed as the remnants of Hurricane Ida battered New York and New Jersey with tornadoes, record rain and flooding that left the area deluged and under states of emergency on Thursday.
On a cold winter night in December 2019, Lisa Elvin’s Parsippany home was destroyed by a fire. Two of her teenagers were upstairs watching television when they smelled fire and saw smoke.
Awarding summary judgment to an insurer under both liability and directors & officers (D&O) coverage parts, a New Jersey trial court reaffirmed the principle that claims of defective workmanship without resulting ‘property damage’ are not covered under a general liability policy, and further dismissed claims for fraud and breach of fiduciary duty, finding that such claims were inherently intentional and do not state a covered ‘occurrence.’
At least 35 homes in the High Bar Harbor section of Long Beach Island were damaged and three people were injured when a suspected tornado hit the Jersey Shore town Thursday night during fierce storms that triggered a dozen tornado warnings, officials said.
The U.S. District Court for the District of New Jersey is considering a local rule requiring discoverability of third-party litigation funding (TPLF) agreements—but allows the plaintiff to self-describe the agreements.
Insurance giant UnitedHealthcare is cracking down on unnecessary emergency room visits with a new policy starting July 1 that the American Hospital Association says will jeopardize patients’ health and threaten them with financial penalties.
A medical marijuana patient is suing his former employer, claiming the company terminated his refinery job after he used prescribed cannabis while off the clock.
Almost 8 in 10 New Jersey homeowners with federal flood insurance would have to pay more for coverage if the Federal Emergency Management Agency’s implements a proposed new rating system.