Arthur A. Peloso and Marilyn Peloso, Plaintiffs-Appellants v. Hartford Fire Insurance Co., a Connecticut…

Summary

The Supreme Court of New Jersey reversed the summary‑judgment ruling, holding that the one‑year limitation period in N.J.S.A. 17:36‑5.20 runs from the date of the fire but is tolled while the insurer investigates and until it formally declines liability, making the plaintiffs' suit timely. The dissent argued the limitation period runs from the fire without tolling.