N.J. Panel Affirms Ruling In Favor Of Excess Insurer In Suit Arising From Death

(April 2, 2024, 2:40 PM EDT) -- TRENTON, N.J. — A New Jersey appeals panel concluded April 1 that an unambiguous excess insurance policy is triggered upon exhaustion of the primary commercial general liability insurance policy’s $1 million coverage limit and not upon its $50,000 assault and battery sublimit, affirming a lower court’s summary judgment ruling in favor of the excess insurer in a coverage dispute over claims that the insured negligently failed to provide adequate security....