Insurer Wins Bid To Exhaust Policy Limit Over Atty Shooting
Law360, New York (December 1, 2016, 11:06 PM EST) -- A New Jersey state judge has ruled that an insurer may exhaust a policy to settle claims against a security company over the fatal shooting of an attorney at a mall, even if that settlement does not end claims against the mall's owners.
In a decision made available Thursday, Superior Court Judge Stephanie A. Mitterhoff granted First Specialty Insurance Corp.'s summary judgment motion, finding that the company could exhaust its $2 million policy limit on a settlement over claims against California-based Universal Protection Service LLC in underlying litigation brought by the widow of attorney Dustin Friedland.
"In this case, the court...
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!