NJ High Court's Major Shift In Favor Of Policyholders

Law360, New York (October 16, 2013, 6:37 PM EDT) -- Policyholders with environmental, toxic tort and other long-tail liability claims in New Jersey are not responsible for covering the shares of insolvent insurers, as recently confirmed by the New Jersey Supreme Court in Farmers Mut. Fire Ins. Co. of Salem v. N.J. Property-Liability Ins. Guar. Ass'n (N.J. Sept. 24, 2013). This decision is a significant victory for policyholders, since it removes any prior suggestion by insurers that policyholders could be required to bear the risk of insurer insolvencies based on early Supreme Court precedent....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

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!