Joint Insurance Funds’ Suit Administratively Terminated After Settlement Reached

Mealey's (October 28, 2022, 3:38 PM EDT) -- NEWARK, N.J. — A federal judge in New Jersey issued a 60-day order administratively terminating joint insurance funds’ (JIFs) breach of contract and bad faith lawsuit seeking indemnification for $4,051,129 in expenses for defending underlying sexual abuse claims after the parties announced that they reached a settlement....