Tag: LLC

NJ Supreme Court Clarifies Insurance Broker’s Duty to Inform LLC’s About Worker’s Comp

NJ Supreme Court Clarifies Insurance Broker’s Duty to Inform LLC’s About Worker’s Comp

In Nancy L. Holm v. Daniel M. Purdy (A-39-21/086229) (Decided December 13, 2022), the Supreme Court of New Jersey held that N.J.S.A. 34:15-36 imposes a non-waivable duty on insurance brokers to inform new LLC members of the availability of workers’ compensation coverage and the right to elect such coverage. The