Insurers Can Nix Awards Without Seeking Trial, NJ Panel Says

Law360, New York (March 13, 2013, 2:25 PM EDT) -- A New Jersey appeals court ruled Wednesday that insurance carriers do not have to explicitly demand a trial to nullify an arbitration award for uninsured motorist coverage, handing 21st Century Insurance Co. a win in a suit seeking to enforce an award against it.

A three-judge panel of the Appellate Division of New Jersey Superior Court reversed a trial court's ruling that a party has to actually say the magic words, “We demand a trial,” to nullify an award, concluding that 21st Century sufficiently rejected an...
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