Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
N.J. Moves to Protect Policyholders; Files to Liquidate Insurer
Jan 26 2004 // New Jersey’s Department of Banking and Insurance filed papers in Superior Court last Thursday to protect policyholders and consumers by seeking a liquidation order that would shut down a reportedly financially...
Confusion Reigns on the Massachusetts Auto Front
Jan 26 2004 // While everyone agrees that something should be done about Massachusetts’ spiraling auto rates and uncompetitive market, no one seems to be able to agree on just what. When the state’s Department of Insurance...
PCI, AIA Applaud N.J. Wrongful Death Court Decision
Jan 23 2004 // Both the Property Casualty Insurers Association of America (PCI) and the American Insurance Association issued bulletins giving a thumb’s up to the New Jersey’s Supreme Court’s unanimous decision in the...
N.J. Auto Profits’ IIANJ Disputes Findings
Jan 19 2004 // Statistics released by the National Association of Insurance Commissioners last week, have received widespread coverage in New Jersey. They seem to show that, contrary to industry statements, the state’s auto...
PIANJ President Comments on Progress of N.J. Auto Reforms
Jan 12 2004 // PIANJ President John D’Agostino Jr., CIC, joined Holly Bakke New Jersey’s Department of Banking and Insurance Commissioner, and other industry representatives at Governor James E. McGreevey’s press...
Has the N.J. Auto Market Seen the Last of 30 Years of Mismanagement’
Jan 12 2004 // Last month the National Association of Independent Insurers issued a bulletin, which described New Jersey’s auto insurance market as “once the nation’s poster child for the dangers of over...
Insurers Seek $17 Million from NJ Chiropractors
Jan 12 2004 // Allstate New Jersey Insurance Company and Encompass Insurance have filed a multi-million dollar civil complaint, under the New Jersey Insurance Fraud Prevention Act against Scott Greenberg D.C., a Central New Jersey-based...
Brown & Brown Announces N.Y./N.J. Acquisitions
Jan 5 2004 // Brown & Brown, Inc. announced that it has acquired Niagara Risk Management Associates, Inc. And Niagara Benefits Group, Inc., both based in Williamsville,N.Y., and the Pashley Insurance Agency of Marmora New Jersey....
Regulatory Modernization Top Priority in 2004 Says Industry Trade Group
Dec 24 2003 // State insurance regulation is at a critical crossroads and achieving regulatory modernization in states in 2004 must be a top priority for insurers and state regulators, the National Association of Independent Insurers...
IIANJ Comments on DOBI’s “Three Scenarios” and Alternate Underwriting Rules
Dec 22 2003 // The Independent Insurance Agents of New Jersey recently provided input to the New Jersey Department of Banking and Insurance (DOBI) on several proposed regulations implementing the “Competition and Choice Act signed...
Coalition Against Insurance Fraud Reports Convictions Rise Nearly a Third
Dec 19 2003 // Alice Ross, an engaging 71-year-old grandmother, died when her Buick was rammed by a car packed with gang members allegedly staging a crash in Brooklyn to make fake injury claims against insurance companies. Increasingly,...
Allstate, Encompass Seek $17 Million in N.J. Fraud Lawsuit against Chiropractors, Related Co.’s
Dec 19 2003 // Allstate New Jersey Insurance Company and Encompass Insurance announced that they have filed a multi-million dollar civil complaint, under the New Jersey Insurance Fraud Prevention Act, in the Superior Court of Morris...
PIANJ Says N.J. DOBI Accepts Plan for Agents to Recoup Expenses
Dec 17 2003 // The Professional Insurance Agents of New Jersey, Inc. has issued a bulletin noting that a reform it has long supported, to allow agents to recoup certain out-of-pocket expenses, has been accepted by the state’s...
Industry People Making Moves in 2003
Dec 15 2003 // As you will probably notice from this list, it is not scientific, preferential, etc. We retraced news coverage of this past year and tried to come to an agreement on who made headlines. We likely left off a few...
Industry People Making Moves in 2003
Dec 15 2003 // As you will probably notice from this list, it is not scientific, preferential, etc. We retraced news coverage of this past year and tried to come to an agreement on who made headlines. We likely left off a few...
NAII Says N.J. Auto Market Emerging from ’30 Years of Mismanagement’
Dec 11 2003 // The National Association of Independent Insurers has issued a bulletin, which indicates that New Jersey’s auto insurance market, which it described as “once the nation’s poster child for the dangers of...
Proformance to Acquire MetLife Auto & Home’s Agency Produced N.J. Business
Dec 9 2003 // New Jersey’s Proformance Insurance Company announced that it will acquire the independent insurance agency-produced New Jersey auto and homeowners insurance business of MetLife Auto & Home for $10 million in...
N.J. DOBI Issues Advisory on Incorrect Auto Ratings
Dec 9 2003 // Holly C. Bakke, New Jersey’s Commissioner of Banking and Insurance has issued an advisory bulletin too “all private passenger automobile insurers authorized or admitted in this state,” concerning...
AIA, PIANJ, IIANJ Applaud N.J. Senate’s Rejection of “Verbal Threshold” Bill
Dec 8 2003 // Following a hearing, at which numerous industry representatives testified (See IJ Web site Dec.5), the New Jersey Senate on Friday, in a 5 to 1 vote, refused to send S-2533, the “verbal threshold” bill to the...
NAII, Alliance, AIA Unanimous in Opposing N.J. “Verbal Threshold” Bill
Dec 5 2003 // Representatives of the National Association of Independent Insurers, the Alliance of American Insurers and the American Insurance Association voiced unanimous opposition to changes in New Jersey’s “verbal...
