Day: January 19, 2021

NJ Supreme Court’s Hears Arguments in NJ Transit’s Superstorm Sandy Insurance Dispute

NJ Supreme Court’s Hears Arguments in NJ Transit’s Superstorm Sandy Insurance Dispute

The Supreme Court of New Jersey recently heard oral arguments in a closely-watched case involving insurance claims related to Superstorm Sandy. The specific issue in New Jersey Transit Corporation v. Certain Underwriters at Lloyd’s London is whether New Jersey Transit Corporation’s (NJ Transit) insurers must insure $400 million of water