Panel Affirms Choice Of New York Law In Superstorm Sandy Coverage Dispute

Mealey's (July 26, 2018, 11:28 AM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on July 25 affirmed a lower federal court's ruling that enforced a policy’s choice-of-law provision and granted an insurer's motion to compel arbitration of the insureds’ breach of contract and bad faith lawsuit arising from Superstorm Sandy damage, rejecting the insureds’ argument that New Jersey and not New York law applies (Fin Associates, et al. v. Hudson Specialty Ins. Co., 16-3541, 3rd Cir., 2018 U.S. App. LEXIS 20695)....