Crystal Point Condominium Association, Inc. v. Kinsale Insurance Company (085606) (Hudson County & Statewide)

Summary

The Supreme Court of New Jersey held that Crystal Point Condominium Association may bring a direct action against Kinsale Insurance under the Direct Action Statute, that the plaintiff satisfied the statutory proof of insolvency requirement, and that the claim is subject to the arbitration provisions in the insurance policies. The Court reversed the Appellate Division and reinstated the trial court’s order compelling arbitration.