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New Jersey Auto Insurers Expect A Tide Of Litigation

After having been signed only a handful of days, a New Jersey statute allowing consumers to file lawsuits accusing auto insurance companies of bad faith had already resulted in one major insurer facing two of those suits.
February 3, 2022 Auto Legislation & Regulation Litigation New Jersey

Merck’s $1.4B Insurance Win Splits Cyber From ’Acts Of War’

Merck & Co.‘s victory in a legal dispute with insurers over coverage for $1.4 billion in losses from malware known as NotPetya is expected to force insurance policies to more clearly confront responsibility for the fallout from nation-state cyberattacks.
January 21, 2022 Excess & Surplus Lines Litigation New Jersey

Governor Signs Bad Faith Statute For Auto Insurers

New Jersey Governor Phil Murphy, who has been sworn in for a second term, has signed into law some legislation to allow policyholders to sue their auto insurers for as much as three times the applicable coverage amount.
January 19, 2022 Auto Legislation & Regulation Litigation New Jersey

N.J. ‘Bad Faith’ Bill Advances To State Assembly

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.
January 14, 2022 Legislation & Regulation New Jersey

Feds Bust Gangs For $100M No-Fault Insurance Fraud Racket

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.
January 14, 2022 Auto Fraud New Jersey New York

Ida Flooding In Northeast Plagues Residents With Insurance Woes

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.
September 24, 2021 Catastrophe Property New Jersey New York

New Jersey Insurance Adjusters In Short Supply After Ida

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.
September 15, 2021 Property New Jersey

The Federal Government Sells Flood-Prone Homes To Often Unsuspecting Buyers

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.

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September 15, 2021 Property Florida Louisiana Mississippi New Jersey

Theft Scheme Explains Charred Tesla On Frozen Vermont Lake

You may recall the story of a Tesla Model X that burned down on the frozen surface of Lake Champlain’s Shelburne Bay in Vermont in February of 2019.
September 2, 2021 Auto Fraud Florida Massachusetts New Jersey New York Vermont

Ida Batters Northeast With Record Rain And Floods, Tornado

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.
September 2, 2021 Auto Property New Jersey New York Pennsylvania

New Jersey Homeowner Battling Insurance Claim Nightmare

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.
August 25, 2021 Property New Jersey

Tropical Storm Henri Leaves New England Homes Damaged, Thousands Without Power

Thousands of people are waking up without power and cleaning up from the damage left behind by Tropical Storm Henri.
August 23, 2021 Auto Property Connecticut Massachusetts New Jersey Rhode Island

NJ Court Reaffirms Rule Against Coverage for Faulty Workmanship Claims and Finds Fraud Claims Inherently Intentional

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.’
August 16, 2021 Liability Litigation New Jersey

Suspected Tornado in Jersey Shore Town Damaged at Least 35 Homes

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.
July 30, 2021 Property New Jersey

Making Litigation Funding Agreements Discoverable Is Good Public Policy

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.
June 17, 2021 Legislation & Regulation Litigation New Jersey
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