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SHEERAN v. NATIONWIDE MUTUAL INSURANCE CO., INC.

159 N.J. Super. 417 (1978)

388 A.2d 272

JAMES J. SHEERAN, COMMISSIONER OF INSURANCE OF THE STATE OF NEW JERSEY, PLAINTIFF, v. NATIONWIDE MUTUAL INSURANCE COMPANY, INC. AND NATIONWIDE MUTUAL FIRE INSURANCE COMPANY, INC., CORPORATIONS OF THE STATE OF OHIO, DEFENDANTS.

Superior Court of New Jersey, Chancery Division.

Decided April 20, 1978.

Attorney(s) appearing for the Case

Mr. Wesley S. Caldwell, III, Deputy Attorney General, for plaintiff (Mr. John J. Degnan, Attorney General of New Jersey, attorney).

Mr. Eugene M. Haring for defendants (Messrs. McCarter and English, attorneys).

MORTON I. GREENBERG, J.S.C.

Plaintiff Commissioner of Insurance of New Jersey brought this action on March 1, 1978 against defendants Nationwide Mutual Insurance Company, Inc. and Nationwide Mutual Fire Insurance Company, related Ohio companies authorized to do business in New Jersey (together hereinafter, Nationwide). The complaint set forth that Nationwide determined on October 13, 1977 to terminate its fire and...

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