In a recently published opinion, the Superior Court of New Jersey Appellate Division answered a question of first impression: whether the New Jersey Transportation Network Company Safety and Regulatory Act (the “Act”), which requires “transportation network companies” to provide at least $1.5 million in underinsured motorist insurance coverage, applies to food delivery services such as Uber Eats.
Continue Reading No Coverage for Late Night Snacks: New Jersey Court Finds Uber Eats is Not Covered by State’s Insurance Coverage Requirements for Ride-Hailing Companies
Other Insurance
A Sign of the Times: Policyholder Forced to Sue Insurers to Resume Payment of Defense Costs
By Kevin V. Small & Cary D. Steklof on
In what is an unfortunate sign of the times, Springpoint Senior Living, Inc. recently sued its insurers in New Jersey federal court claiming they abruptly stopped covering Springpoint’s defense costs after doing so for nearly a decade. A copy of the complaint can be found here. Springpoint’s allegations are emblematic of a growing trend among insurers taking drastic measures to avoid coverage, which is no doubt in response to the tightening economic conditions and looming recession around the globe. …
Continue Reading A Sign of the Times: Policyholder Forced to Sue Insurers to Resume Payment of Defense Costs