New Jersey Appeals Panel: Reinsurance Intermediary’s Claims Are Time-Barred

(September 25, 2017, 2:13 PM EDT) -- JERSEY CITY, N.J. — A six-year statute of limitations precludes a reinsurance intermediary’s promissory estoppel, unjust enrichment and tortious interference counterclaims against an insurance and a reinsurance management services provider and an excess and surplus lines insurer, a New Jersey appeals panel affirmed Sept. 20 (Berkley Risk Solutions LLC, et al. v. Industrial Re-International Inc., et al., No. A-2366-15T1, N.J. Super., App. Div., 2017 N.J. Super. Unpub. LEXIS 2382)....

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