19
May
2016

Ward Sand is Sandbagged

New Jersey Law Journal

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PUBLISHED ON: May 19, 2016

In Ward Sand and Materials Co. v. The Transamerica Ins. Co., A-1479-13T1 (App. Div. 2016), the New Jersey Supreme Court ruled in favor of the insurance industry on the long-contested issue of how to allocate responsibility for losses in claims involving multiple insurance companies, some of which are insolvent.