Legal Opinion
New Jersey Manufacturers Insurance v. National Casualty Co.
New Jersey Superior Court Appellate Division
Decided June 4, 2007PublishedCited by 7 opinions
1Opinion of the Court
The opinion of the court was delivered by
FUENTES, J.A.D.
This appeal requires us to determine whether plaintiff, New Jersey Manufacturers Insurance Company (“NJM”), the issuer of a primary insurance policy, is obligated to pay prejudgment interest pursuant to R. 4:42-ll(b), where such payment would exceed its coverage limit. We consider this question in the context of an agreement in which NJM and National Casualty Company (“NCC”), the issuer of an excess policy, agreed to settle a claim against their insured, leaving the question of prejudgment interest to be determined by the Law Division.
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2Cases cited9 opinions
- Rova Farms Resort, Inc. v. Investors Insurance Co. of AmericaSupreme Court of New Jersey · 1974
- Busik v. LevineSupreme Court of New Jersey · 1973
- Prudential Property & Casualty Insurance v. BoylanNew Jersey Superior Court Appellate Division · 1998
- Brodsky v. Grinnell Haulers, Inc.Supreme Court of New Jersey · 2004
- Bowers v. Camden Fire Ins. Assoc.Supreme Court of New Jersey · 1968
4 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
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- DC PLASTIC PRODUCTS CORPORATION v. WESTCHESTER SURPLUS LINES INSURANCE COMPANYDistrict Court, D. New Jersey · 2022
- FREEDOM MORTGAGE CORPORATION v. LOANCARE, LLCDistrict Court, D. New Jersey · 2024
- HARTFORD CASUALTY INSURANCE COMPANY v. LIBERTY MUTUAL FIRE INSURANCE COMPANYDistrict Court, D. New Jersey · 2021
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