Farmers Mutual Fire Insurance Company of Salem v. New
Jersey Property-Liability Insurance Guaranty
Association as Administrator of Claims Against Newark
Insurance Company (A-42-11; 068824)
In long-tail, continuous-trigger cases where an
insolvent carrier is on the risk along with solvent
carriers, the PLIGA Act’s exhaustion provision
mandates that an insured first exhaust the policy
limits of the solvent carriers prior to seeking
statutory benefits from the Guaranty Association. 9-24-13
Jersey Property-Liability Insurance Guaranty
Association as Administrator of Claims Against Newark
Insurance Company (A-42-11; 068824)
In long-tail, continuous-trigger cases where an
insolvent carrier is on the risk along with solvent
carriers, the PLIGA Act’s exhaustion provision
mandates that an insured first exhaust the policy
limits of the solvent carriers prior to seeking
statutory benefits from the Guaranty Association. 9-24-13