Risk Retention Group Can't Dodge NJ Pedestrian Coverage

Law360, New York (July 18, 2013, 5:45 PM EDT) -- New Jersey hasn't breached a federal statute that exempts risk retention groups from most state laws by forcing them to provide benefits for pedestrian injuries as part of its requirements for no-fault motor vehicle insurance, a state Appellate Division ruled Thursday.

In a published opinion, the court also denied Ocean Risk Retention Group Inc.'s contention that the state further violates the Federal Liability Risk Retention Act by barring such organizations — which businesses form to insure themselves — from the New Jersey Property-Liability Insurance Guaranty Association....
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