New Jersey Appellate Division Dismisses Broker’s Attempt to Hold Defense Counsel Jointly Liable for Failure to Report D&O Claim

The Appellate Division recently rejected an attempt by an insurance broker to assert contribution and common law indemnity claims against two law firms that represented a mutual client as part of a professional malpractice case the client filed against the broker. The holding confirms the narrow circumstances in which such claims can be successful under New Jersey law. The case is South Brunswick Furniture, Inc., et al. v. Acrisure LLC d/b/a Beckerman & Co. No.:A-2981-17T1, 2020 WL 1043114 (N.J. App. Div. March 4, 2020). In … The post New Jersey Appellate Division Dismisses Broker’s Attempt to Hold Defense Counsel Jointly Liable for Failure to Report D&O Claim appeared first on The Insurance & Reinsurance Report.

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