Suit Against Renter’s Insurer Dismissed; Federal Amount In Controversy Cannot Be Met

Mealey's (May 24, 2023, 8:49 AM EDT) -- NEWARK, N.J. — An insured’s suit against a renter’s insurer must be dismissed, a New Jersey federal judge said after determining that the federal jurisdictional amount-in-controversy requirement of $75,000 cannot be met because the insurance policy limit is only $10,000, and the insured failed to demonstrate that she is entitled to punitive damages for any malice or that any noncontractual damages would exceed $75,000....