Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Northeast Winds Topple Trees, Power Lines from Mass. to Maryland
Jan 18 2006 // Usually snow and ice are the culprits this time of year in the Northeast for problems with the weather. Wednesday, though, proved to be Mother Nature offering a different problem for residents. Winds, in some cases...
N.J. Court Upholds Claims-Made Policy Where Insured Refused ‘Lookback’
Jan 17 2006 // In what lawyers say is a precedent-setting decision, a New Jersey court has ruled that a claims-made insurance policy that did not include retroactive coverage does not violate public policy and is enforceable. An...
N.J. Gov.-Elect Corzine Nominates Chen to be State’s Public Advocate
Jan 6 2006 // New Jersey Governor-elect Jon Corzine has nominated Rutgers Law School Associate Dean Ronald K. Chen to be public advocate to represent consumers on insurance rates and other issues before state government. Chen’s...
ACE Opens N.J. Branch; Names Hurley as Manager
Jan 6 2006 // ACE USA has opened a branch office in Morristown, N.J., which will serve the northern New Jersey area. Andrew Hurley has been appointed New Jersey branch manager and will lead the new office. Hurley will work to expand ACE...
Azelby Joins Jimcor in N.J. as Senior Commercial Lines Underwiter
Jan 6 2006 // Jimcor Agencies iannounced that Renee M. Azelby has joined the staff in Marlton, N.J. Azelby comes to Jimcor with 15 years of experience in the industry, most recently working as a professional liability underwriting...
N.J.-Based E&S Broker Jimcor Adds Seigel, Promotes 2 Others
Jan 2 2006 // Jimcor Agencies, a Northeast excess and surplus lines wholesaler based in Montvale, N.J., made several management changes. Frank Seigel has joined as the North New Jersey branch manager. Seigel brings with him more than 30...
N.J. Neurologist Charged with Million Dollar Insurance Fraud Scam
Jan 1 2006 // New Jersey Attorney General Peter Harvey reported that a Mercer County neurologist, his former medical practice and four former medical diagnostic and/or medical equipment corporations, along with the former office...
From New England to Virginia, Courts Made Insurance Headlines in 2005
Dec 30 2005 // From Maine to Virginia, many of the insurance headlines in 2005 dealt with compensation and reinsurance probes, just as they did across the country, casting the industry’s reputation in a bad light. But much of the...
N.J. Agents Honor Gilchrest of for Community Volunteer Service
Dec 14 2005 // The Independent Insurance Agents & Brokers of New Jersey recently presented the Richard C. Hardenbergh Community Service Award to Richard J. Gilchrest of the Martin Agency in Toms River, New Jersey. The award,...
Brokers in Pursuit of Professional Liability Coverage
Dec 14 2005 // It happens quite often. An insured is sued and a question is raised as to whether there is insurance coverage for the claim. The insured states that “it thought it had coverage,” and if it does not have...
Progressive Adds Business Auto in N.J.
Dec 12 2005 // The Progressive Group of Insurance Companies is now offering commercial auto insurance to New Jersey business owners. This follows the Oct. 3, 2005 announcement that the Drive Insurance from Progressive and Progressive...
Proformance Insurance, N.J. State Police Note Auto Fraud Case
Dec 8 2005 // In a joint investigation with the New Jersey State Police, the Proformance Insurance Company, a provider of specialized property/casualty insurance products in New Jersey, revealed that one of its auto policyholders had...
NAMIC: Study on Cost Impact of N.J. Court Ruling Shows Legislation Need
Dec 6 2005 // A new actuarial study concluding that a New Jersey Supreme Court ruling will substantially increase costs for drivers that choose no fault coverage shows there is a significant need for legislation to correct the decision,...
People & Places
Dec 5 2005 // Edward Troy GAB Robins, the international claims services firm, announced that Edward G. Troy has been named president and chief executive officer of the GAB Robins Group of Companies. Brandon Hickey Before joining GAB...
People
Dec 4 2005 // GAB Robins, the international claims services firm, announced that Edward G. Troy has been named president and chief executive officer of the GAB Robins Group of Companies. Before joining GAB Robins, Troy served as...
National Atlantic Obtains Regulatory Approval to Assume N.J. Agency Home Business from The Hartford
Nov 30 2005 // National Atlantic Holdings Corp., a provider of specialized property/casualty insurance products and related insurance services in New Jersey, announced that the replacement carrier transaction agreement between its...
N.J. Mom Keeps Auto Theft Scam a Family Affair; Son Also Charged
Nov 16 2005 // New Jersey Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging a Union County mother and son with...
BB&T to Acquire N.J. Investment Firm
Nov 16 2005 // BB&T Corporation in Winston-Salem, N.C. said it would acquire brokerage and investment banking firm Bergen Capital Inc. Bergen Capital will become part of Richmond, Va.-based Scott & Stringfellow, a wholly owned...
N.J. Agents Back Change in Insurers’ Auto Expense Formula
Nov 16 2005 // The Professional Insurance Agents of New Jersey Inc. recently provided comments supporting the New Jersey Department of Banking and Insurance’s proposal to change the method for calculating the maximum allowed...
DVUA of N.J. Appoints Mansfield
Nov 8 2005 // Steven C. Mansfield is the newest member and branch manager of the South Jersey Branch of DVUA of New Jersey, Inc., announced Edward Levy, president and chief executive officer. Mansfield will be responsible for managing...
