COMMISSIONER OF INSURANCE OF STATE OF NEW JERSEY v. INTEGRITY INSURANCE COMPANY

No. A-1606-11T1.

COMMISSIONER OF INSURANCE OF THE STATE OF NEW JERSEY, Plaintiff-Respondent, v. INTEGRITY INSURANCE COMPANY, a stock insurance company of New Jersey, THE INTEGRITY FINANCIAL GROUP, INTEGRITY CREDIT CORPORATION, Defendants-Respondents, and THE OWENS CORNING/FIBREBOARD ASBESTOS PERSONAL INJURY TRUST, Defendant-Appellant.

Superior Court of New Jersey, Appellate Division.

Decided September 26, 2013.


Attorney(s) appearing for the Case

Robert M. Horkovich of the New York bar, admitted pro hac vice, argued the cause for appellant (Anderson, Kill & Olick, P.C., attorneys; Mr. Horkovich, Robert Y. Chung of the New York bar, admitted pro hac vice, and Kenneth E. Sharperson , on the briefs).

Daniel Hargraves (Hargraves McConnell & Costigan, P.C.) of the New York bar, admitted pro hac vice, argued the cause for respondent Kenneth E. Kobylowski, Acting Commissioner of Banking and Insurance of the State of New Jersey in his capacity as Liquidator of Integrity Insurance Company (Golub & Isabel, P.C., and Mr. Hargraves, attorneys; Mr. Hargraves, on the brief).

Before Judges Simonelli, Koblitz and Accurso.


NOT FOR PUBLICATION WITHOUT THE APPROVAL OF THE APPELLATE DIVISION

PER CURIAM.

The Liquidator of defendant Integrity Insurance Company (Integrity) disallowed asbestos-related non-products bodily injury claims made by defendant The Owens Corning/Fibreboard Asbestos Personal Injury Trust (Trust), as assignee for Owens Corning/Fibreboard (Owens Corning), against Integrity's excess insurance policies. Owens Corning had already received the full policy limits...

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