A self-insured retention (SIR) in an insurance policy requires the insured (in our case, a bankrupt debtor) to pay the first dollars settled or awarded on a covered plaintiff’s claim, up to a ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
On February 16, 2023, the Supreme Court of New Jersey handed down its unanimous decision in Statewide Insurance Fund v. Star Insurance Company and held that, for purposes of determining the priority ...