DECEMBER 2014 BAD FAITH CASES: WHERE INSURER DENIES CLAIM, AND INSURED SETTLES WITH TORTFEASOR, COURT OBSERVES THAT IF INSURER’S DENIAL IS IN BAD FAITH THERE IS AN EQUITABLE WAIVER OF ITS SUBROGATION CLAIM (New Jersey Appellate Division)

In Nucci v. American Insurance Company, New Jersey’s Appellate Division addressed an insurer’s subrogation rights where it had originally denied coverage, was subject to suit…