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Analysis

NJ Bill May Open Floodgates For Insurance Bad Faith Claims

By Jeff Sistrunk ( June 28, 2018, 12:55 PM EDT) -- The New Jersey Legislature is weighing a bill that would allow policyholders to collect triple damages and attorneys' fees from insurance companies found liable for unfair business practices such as unreasonable coverage delays or denials, and attorneys say the whopping potential penalties could spur an explosion in bad-faith claims if the measure becomes law. ...

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