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JOHNSON v. BRADDY

869 A.2d 964 (2005)

376 N.J. Super. 215

Frederick JOHNSON and Margaret Ann Johnson, his wife, Plaintiffs-Respondents, v. Willie R. BRADDY, Braddy Trucking, and Walsh Trucking, Defendants-Appellants.

Superior Court of New Jersey, Appellate Division.

Decided March 31, 2005.

Attorney(s) appearing for the Case

Leonard C. Leicht, Livingston, argued the cause for appellants (Morgan, Melhuish, Monaghan, Arvidson, Abrutyn & Lisowski, attorneys; Mr. Leicht, of counsel and on the brief; Mukti Patel, on the brief).

George T. Taite, Jersey City, argued the cause for respondents (De Luca & Taite, attorneys; Mr. Taite, of counsel and on the brief; Samuel R. De Luca, on the brief).

Before Judges SKILLMAN, PARRILLO and RIVA.

The opinion of the court was delivered by

SKILLMAN, P.J.A.D.

The New Jersey Property-Liability Insurance Guaranty Association Act, N.J.S.A. 17:30A-1 to -20 (Guaranty Act), establishes a Guaranty Association, funded by assessments on insurance companies, which is required to pay the obligations of insolvent insurance companies subject to a maximum of $300,000. The issue presented by this appeal is whether the holder of an insurance policy with an insolvent...

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