Summary Judgment Granted For Insurer; Bad Faith Claim Dismissed With Prejudice

(October 5, 2023, 11:53 AM EDT) -- NEWARK, N.J. — A federal judge in New Jersey granted an insurer’s motion for summary judgment in part, dismissing with prejudice a condominium association’s bad faith claim against the insurer but otherwise denying the insurer’s motion, ruling that the question of whether the insurer is liable for $113 million for water damage to a property allegedly caused by an engineering firm the association hired “contains genuine issues of material fact best reserved for a jury.”...