Panel Reinstates Association’s Suit Against Insolvent Subcontractors’ Insurer

(March 20, 2021, 8:15 AM EDT) -- JERSEY CITY, N.J. — A New Jersey appeals court panel on March 4 reversed a ruling dismissing a condominium owners association’s declaratory judgment suit against the surplus lines insurer of two insolvent subcontractors and ordering the parties to arbitration, finding that the direct action statute applied to the plaintiff’s claims and that it is not required to arbitrate its action because it is a nonsignatory to the policies....

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