NJ Court Backs Toss Of Auto Insurance Class Action

Law360, New York (September 7, 2012, 5:52 PM EDT) -- A New Jersey appellate court on Friday refused to revive a class action looking to prevent Allstate Insurance Co. and other auto insurers from denying drivers coverage for diminished vehicle values under their policies' uninsured and underinsured motorist provisions, ruling that the plaintiffs lacked standing.

The court noted that the appeal didn't concern whether a third-party action for a vehicle's diminished value following an accident could stand, but instead whether the plaintiffs could obtain a ruling requiring the insurers to pay such claims in the future,...
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