N.J. High Court To Review Arbitration Provision In Subcontractors’ Insurance Policy

(July 23, 2021, 2:41 PM EDT) -- TRENTON, N.J. — The New Jersey Supreme Court on July 16 agreed to review a March ruling reinstating a condominium owners association’s declaratory judgment suit against the surplus lines insurer of two insolvent subcontractors, granting certification to determine whether the direct action statute applies and whether the association is “bound by the mandatory arbitration provision in the underlying insurance contract.”...