NJ High Court To Mull Insurer Denial Of Arbitration Awards

Law360, New York (March 22, 2013, 6:22 PM EDT) -- The New Jersey Supreme Court is poised to consider when an insurer can fairly reject an arbitration award on a claim for uninsured motorist coverage.

In a decision posted Tuesday, the court granted certification in the case of an insured who sued New Jersey Manufacturers Insurance Group for damages based on its rejection of an arbitration award. While the award was above a threshold allowing NJM to challenge the decision, its real liability was not. A lower court declined to find that NJM had acted in...
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