Scarinci Hollenbeck regularly publishes articles pertaining to legal updates affecting individuals and institutions in New York and New Jersey, and the world at large. Here you can find coverage for when we welcome new attorneys, significant wins we’ve secured on behalf of our clients, and general announcements.
Results for insurance articles
NJ Court: Storm Surge Claims Not Subject to Insurance Policies’ Flood Limits
Author: Charles A. YuenDate: May 4, 2015
The issue in Public Service Enterprise Group v. Ace Insurance was one of first impression in New Jersey.
Hurricane Sandy’s storm surge significantly damaged PSEG’s property throughout New Jersey, resulting in a $500 million insurance claim under its first party property policies. The applicable policies did not contain sublimits for “named windstorms,” other than those in Florida. There was, however, a $250 million submit for losses caused by “flood,” and a $50 million limit for losses to property “located in Flood Zones A & V.”
Flood Insurance Doesn’t Cover Hurricane Sandy Yard Debris
The Third Circuit Court of Appeals recently issued a ruling regarding reimbursement under the federal flood insurance program. In Torre...
New Jersey Considering Regulations for Ride-Sharing Providers
New Jersey may soon join the growing list of states that have crafted legislation to specifically address the business model...