New Jersey Governor Phil Murphy has signed a new bill allowing auto policyholders whose uninsured or underinsured motorist claims are unreasonably denied or delayed to sue for three times the policy limit, plus pre- and post-judgment interest, attorney fees, and litigation expenses. McCarter Partner and President of the New Jersey Defense Association, Ryan Richman, commented to the New Jersey Law Journal about the impact this new law could have on the State’s court system.
1.26.2022