Insurance companies "have a fiduciary duty to negotiate in good faith — that's always been the law. What the legislation has done has put some teeth into an insurance claim when the insurance company does not comply with their fiduciary duty," Frank Lazzaro of Lutz, Shafranski, Gorman, Mahoney & Lazzarosaid said. Credit: hafakot/Adobe Stock
One year after a New Jersey law went into effect allowing individuals to sue their auto insurance companies for unreasonably denying or delaying payment benefits, some litigators say the balance of power between policyholders and insurers has shifted.
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Charles Toutant
Charles Toutant is a litigation writer for the New Jersey Law Journal.
