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1 APPLIED UNDERWRITERS CAPTIVE RISK ASSURANCE COMPANY, INC. v. NEW JERSEY DEPARTMENT OF BANKING AND INSURANCE -- rank: 1000

... we are called upon to interpret the following statutory provision, N.J.S.A. 17:32-20 ('Section 20'), which the Legislature enacted in 1968 as part ... insurer in any other manner now or hereafter deemed lawful. [ N.J.S.A. 17:32-20 (emphasis added).] In this matter, four related companies that have ... we proceed to construe the key jurisdictional provision at issue, N.J.S.A. 17:32-20. In undertaking that task, we are guided by familiar principles ... such other relief as may be appropriate under the circumstances. [N.J.S.A. 17:32-20.] We parse this text in segments. The first seven words ... asserting that the exclusive remedy was injunctive relief pursuant to N.J.S.A. 17:32-20. Id. at 247. This court held in Midland that under ... opinion also observed in dicta: [T]o the extent that N.J.S.A. 17:32-20 may be deemed an exclusive remedy, it would be ...

docket:	a0653-20
court:	NJ Superior Court Appellate Division
decided:	2022-04-27
status:	Published
citation:
Document Size:	64705