We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

NJ Suit Revived Against Travelers, ERSIC On $92M Judgment

Law360, New York (March 10, 2017, 3:55 PM EST) -- The New Jersey Appellate Division on Friday again revived a suit demanding that Travelers Indemnity Co. and a Chubb Corp. unit provide coverage for a $92 million judgment against an insolvent insured, finding that the suing parties are not bound by a Bermuda court ruling voiding the Travelers policy.

A two-judge appellate panel reversed a 2015 trial court decision dismissing the complaint against Travelers and Executive Risk Specialty Insurance Co., ruling in part that the plaintiffs were not parties to the Bermuda action and thus the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.