Credit: REDPIXEL/Adobe Stock Joint Insurance Fund Is Not an 'Insurer,' Court Rules in Nearly $1.2M Dispute
"JIFs protect members against liability through 'self-insurance.' 'Self-insurance' is not insurance," Supreme Court Justice Douglas Fasciale wrote.
February 16, 2023 at 03:48 PM
4 minute read
Insurance Litigation
An insurance company is obligated to pay a nearly $1.2 million wrongful death settlement after the New Jersey Supreme Court ruled that it can't compel a municipal joint insurance fund to contribute.
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