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Consumer Law

NJ Supreme Court cancels category of damages in motor vehicle accident

The New Jersey Supreme Court has rejected the validity of an entire category of damages in motor vehicle accident suits, with the potential implications reaching far beyond. The Court held that permitting suits for only medical expense damages between the $15,000 reduced PIP limits and the statutory standard $250,000 injects a fault-based determination into the No-Fault system, necessarily increasing court congestion and overall costs of insurance.

Read the source article at Legal News & Business Law News

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