On January 18th, 2022, New Jersey Governor Phil Murphy signed the New Jersey Insurance Fair Conduct Act (“ICFA”) into law. The IFCA allows policyholders who are injured in motor vehicle accidents and entitled to UM or UIM coverage to sue an insurer who has: (1) unreasonably delayed or denied a claim for payment of benefits …
A Policyholder that files for bankruptcy may sometimes seek to resolve an existing insurance coverage dispute through the bankruptcy court as an adversary proceeding. After all, a pending insurance claim may be considered an asset in the bankruptcy proceeding. Bankruptcy court jurisdiction over insurance coverage actions is a complicated legal analysis that can vary by …
Insurance Coverage Litigation in Bankruptcy Court Read More »
