Legal Opinion

In Re the "Plan for Orderly Withdrawal From New Jersey" of Twin City Fire Insurance

Supreme Court of New Jersey

Decided July 29, 1992PublishedCited by 20 opinions

1Opinion of the Court

The opinion of the Court was delivered by

STEIN, J.

Twin City Fire Insurance Company (Twin City) challenges the constitutionality of the order issued by the Commissioner of Insurance (Commissioner) conditioning the termination of its authority to write insurance in New Jersey. Twin City objects primarily to two conditions: the so-called “forfeiture” condition, which requires that the separate corporations affiliated with Twin City as members of the ITT Hartford Group, Inc. (ITT Hartford) surrender their respective certificates of authority within five years and withdraw from the state; and the…

2Cases cited37 opinions

  1. Penn Central Transportation Co. v. New York CitySupreme Court of the United States · 1978
  2. Williamson v. Lee Optical of Oklahoma, Inc.Supreme Court of the United States · 1955
  3. Lucas v. South Carolina Coastal CouncilSupreme Court of the United States · 1992
  4. Duke Power Co. v. Carolina Environmental Study Group, Inc.Supreme Court of the United States · 1978
  5. Nebbia v. New YorkSupreme Court of the United States · 1934

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3Cited by20 opinions

  1. Greenway Development Co. v. Borough of ParamusSupreme Court of New Jersey · 2000
  2. Klumpp v. Borough of AvalonSupreme Court of New Jersey · 2010
  3. Southern New Jersey Newspapers, Inc. v. Township of Mt. LaurelSupreme Court of New Jersey · 1995
  4. In Re Commissioner of Insurance'sSupreme Court of New Jersey · 1993
  5. In re Certificate of Need Granted to the HarborageNew Jersey Superior Court Appellate Division · 1997

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