NJ Justices Unsure Insurers Can Dodge $400M Sandy Bill

By Bill Wichert (January 4, 2021, 10:18 PM EST) -- The New Jersey Supreme Court on Monday challenged a group of insurers' stance that they were only obliged to provide New Jersey Transit Corp. up to $100 million to cover flood damage caused by Superstorm Sandy, questioning the purpose of a separate "named windstorm" definition in policies affording $400 million in coverage.

The justices dug into the meaning of the provision covering losses caused by a "named windstorm" in weighing bids by RSUI Indemnity Insurance Co. and other insurers to overturn a 2019 state appellate opinion that the damage in question entitles NJ Transit to full coverage under that policy language...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!