During a press conference Monday, New Jersey Senate majority leader Terea Ruiz told a joke about her parents to underscore why she thinks car insurance companies shouldn’t be allowed to determine someone’s premium rate based on their education level.
A decade after Sandy made landfall in New Jersey, Toms River resident Matt Rusinski has crossed more rebuilding thresholds than others displaced by the storm. He’s back in his home, the repairs complete after he meticulously tracked evaluations from adjusters, estimates from architects and receipts from local and federal financial aid.
In January 2019, Sarah Risser was in the passenger seat as her son, Henry Zietlow, drove them from Minnesota to Michigan for a ski trip. They were on a Wisconsin highway when an oncoming pickup towing too much weight veered into their lane.
Companies purchase insurance for litigation protection in the form of an insurer’s duty to defend lawsuits. Under New Jersey law, the duty to defend begins with the filing of a complaint that includes allegations that might trigger coverage.
A New Jersey appeals court overturned a lower court and ruled against an Atlantic City casino and in favor of units of Zurich Insurance Group Ltd., American International Group Inc. and Allianz SE in COVID-19-related business interruption coverage Thursday.
The $1.88 million jury verdict in a New Jersey underinsured motorist (‘UIM’) claim, Kelley v. Massachusetts Bay Insurance Company, No. 19-cv-19037 (D. N.J. May 13, 2022) drew headlines in legal and insurance media recently.
An area of workers’ compensation that has grown in controversy over the years is when is an employee considered to be ‘at work.’ A question arises if an employee is injured when in a parking lot outside of their place of employment either starting their day or leaving after clocking out.
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.
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.
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.
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.<br /><br />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.<br /><br />"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.<br /><br />"
