Federal Judge Holds Suit Limitation Provision Bars Recovery of Additional Sandy Damage

Most first-party property insurance policies contain an express contractual provision, known as a suit limitation provision, that limits the time period within which an action seeking recovery under the policy may be commenced.  Suit-limitation provisions typically provide that any action must be commenced within twelve months of the date of the loss. Under New Jersey… Continue reading Federal Judge Holds Suit Limitation Provision Bars Recovery of Additional Sandy Damage