Legal Opinion
State Farm Mutual Automobile Insurance v. State
Supreme Court of New Jersey
Decided April 5, 1990PublishedCited by 4 opinions
1Opinion of the Court
The opinion of the Court was delivered by
O’HERN, J.
One essential aspect of the business of insurance is to predict the statistical occurrence of certain risks of human or business activities. The recent San Francisco earthquake and Hurricane Hugo bring the issues into focus. Every consumer of insurance runs a certain statistical risk of loss. In essence, the consumers pool their chances to minimize catastrophic individual losses. They pay premiums to insurance companies to spread the risk. The business of insurance plainly affects the public. Hence insurance regulators supervise many, if not…
2Cases cited26 opinions
- Buckley v. ValeoSupreme Court of the United States · 1976
- Rosado v. WymanSupreme Court of the United States · 1970
- Lindahl v. Office of Personnel ManagementSupreme Court of the United States · 1985
- Campbell v. Department of Civil ServiceSupreme Court of New Jersey · 1963
- Gemsco, Inc. v. WallingSupreme Court of the United States · 1945
21 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- STATE FARM MUT. AUTO. v. Public AdvocateSupreme Court of New Jersey · 1990
- State, Dept. of Envir. Protect. v. Mazza and Sons, Inc.New Jersey Superior Court Appellate Division · 2009
- Henry v. New Jersey Department of Human ServicesSupreme Court of New Jersey · 2010
- Henry v. New Jersey Department of Human ServicesSupreme Court of New Jersey · 2010