New Jersey Federal Judge Caps Limits For Missing Policies In Environmental Dispute

Mealey's (January 20, 2017, 3:30 PM EST) -- NEWARK, N.J. — A New Jersey federal judge on Jan. 19 partially granted an insurer’s motion for summary judgment in an environmental contamination coverage suit involving missing policies after determining that the limits for the missing policies must be capped at $5,000 per accident and $25,000 in the aggregate (E.M. Sergeant Pulp & Chemical Co. Inc., et al. v. The Travelers Indemnity Co. Inc., et al., No. 12-1741, D. N.J.; 2017 U.S. Dist. LEXIS 7231)....

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