An injured plaintiff may not collect on a judgment against a tortfeasor whose carrier has been declared insolvent for monies in excess of the limits set forth in the New Jersey-Liability Insurance Guarantee Act; plaintiff's collection is limited here to $300,000 plus post-judgment interest, since the insured tortfeasor is not personally responsible for the difference above the Guarantee Association's obligation.
March 08, 2004 at 12:00 AM
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The original version of this story was published on Law.Com
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