On February 18, 2015, the New Jersey Supreme Court issued two bad faith decisions, Badiali v. New Jersey Manufacturers Insurance Group, (A-48-12) (071931), and Wadeer v. New Jersey Manufacturers Insurance Company, (A-54) (072010). The cases both involved uninsured motorists (“UM”) claims asserted against New Jersey Manufacturers Insurance Company (“NJM”). UM coverage “insur[es] the policy holder,… Continue reading New Jersey Supreme Court Issues Two Insurance Bad Faith Decisions
Month: February 2015
N.J. Federal Court Holds Suit-Limitation Provision No Bar to Sandy Claim
The general statute of limitations for breach of contract actions in New Jersey is six years. That statute generally applies to claims seeking recovery under an insurance policy. Most first-party property insurance policies, however, contain an express contractual provision, known as a suit-limitation provision, that limits the time period within which an action seeking recovery… Continue reading N.J. Federal Court Holds Suit-Limitation Provision No Bar to Sandy Claim