Jurors in the criminal case agreed with testimony that Michael Barisone was suffering from a delusional disorder that left him detached from reality at the time of the shootings.
The liability limits sold to the class representative were approximately 4.5% higher than they would have been had defendants based those limits on reconstruction cost without debris removal, the suit alleged.
A New Jersey court previously ruled purchasers of PIP coverage are entitled to reimbursement for the entire policy amount, without reduction of a deductible or co-payment.
The causes behind the social inflation theory are numerous, but one of them is that attorney advertising affects the public in unexpected ways, according to some defense lawyers.
In light of the upcoming appeal, a federal judge in Camden, New Jersey, stayed proceedings in a separate business-interruption insurance case pending the outcome of the Supreme Court case.
"JIFs protect members against liability through 'self-insurance.' 'Self-insurance' is not insurance," New Jersey Supreme Court Justice Douglas Fasciale wrote.