Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
N.J. DOBI Issues Guidelines on Mold/Fungus Exclusions
Sep 11 2003 // New Jersey Insurance Commissioner Holly C. Bakke has issued a bulletin to all NJ P/C Insurers giving guidelines on Mold/Fungus Exclusions for personal and Commercial lines. The bulletin, No. 03-24, replaces a previous set...
N.J. Man Sentenced for Participation in Phony Staged Auto Accident Scheme
Sep 10 2003 // New Jersey Attorney General Peter Harvey announced that an Essex County man has been sentenced in Superior Court for his reported role in an organized scheme to illegally obtain official police accident reports in order to...
PIANJ President’s Open Letter on Passage of Agent Ownership Act
Aug 26 2003 // The following is an open letter from John D’Agostino, President of the Professional Insurance Agents of New Jersey, concerning the state’s enactment of legislation to protect the ownership rights of insurance...
N.J. MVC Employee Pleads Guilty in Motor Vehicle Title Scam
Aug 25 2003 // New Jersey Attorney General Peter Harvey announced that a former Motor Vehicle Commission (MVC) supervisor has pled guilty to a charge of official misconduct for reportedly selling a fictitious duplicate motor vehicle...
N.J. Governor Signs Agents’ Rights Bill – ‘Most Important Legislation’ Says PIANJ
Aug 20 2003 // New Jersey Governor James McGreevey signed a bill into law this week that protects agents’ ownership and commission rights when insurance policies are transferred from one company to another. The Professional...
N.J. DOBI Publishes Guide to Credit Scoring for Agents
Aug 12 2003 // New Jersey’s Department of Banking and Insurance has published a useful guide to “what every insurance agent needs to know about credit-based insurance scores” on its Web site:...
Alliance Says Arrival of New Insurer in N.J. a Welcome Event
Aug 8 2003 // The arrival of the first new auto insurer in New Jersey in the past seven years is a positive event for the state’s consumers, according to the Alliance of American Insurers. “The decision by California-based...
Mercury to Travel N.J.’s Roads to Auto Competition
Aug 8 2003 // Thursday’s announcement by Governor James McGreevey that Mercury General will begin selling automobile insurance in the Garden State confirms that the strong and positive message sent by the recent passage of the New...
N.J. Man Pleads Guilty to Fraud Charge
Aug 8 2003 // New Jersey Attorney General Peter Harvey announced that a Hudson County man has pled guilty to theft by deception for conspiring to use false identities to fraudulently obtain more than $2,000 in health insurance...
Ohio Casualty’s Earnings Down $2.1 Million From Year Ago
Aug 8 2003 // Fairfield, Ohio-based carrier Ohio Casualty Corp. announced second-quarter net income of $11 million, or 18 cents per diluted share, down from a year ago’s $13.1 million, or 21 cents per diluted share. The company...
PIANY to Offer CE for N.Y., N.J. Agents at Hudson Valley RAP
Aug 7 2003 // The Professional Insurance Agents of New York State Inc. will hold a course that offers continuing education credits for both New York state and New Jersey independent agents at its first Hudson Valley Regional Awareness...
Former N.J. Resident Sentenced for Insurance Fraud
Aug 4 2003 // Attorney General Peter C. Harvey announced that a former Burlington County, N.J. man has been sentenced for falsely reporting that his automobile had been stolen in order to collect more than $12,000 from an insurance...
Milliman USA Announces New P/C Office in N.J.
Aug 4 2003 // Milliman USA announced that it has opened a new office to provide a full range of services to the property and casualty insurance and re-insurance industries. The new Milliman office will consist of the senior consultants...
PIANJ Golf Classic Celebrates 20 Years, Benefits Special Olympics New Jersey
Aug 1 2003 // For the past 20 years, the Professional Insurance Agents of New Jersey Inc. has hosted its annual PIANJ Golf Classic, which in conjunction with other events including the Fun Run, has raised nearly $1,500,000 for Special...
N.J. Commissioner Calls for Hearing on Availability of Med-Mal Reinsurance
Jul 31 2003 // New Jersey Commissioner Holly Bakke of the Department of Banking and Insurance recently called for a hearing to determine the availability of medical malpractice reinsurance in the New Jersey marketplace. Her announcement...
N.J. Doctor Charged with $48,000 Fraud Theft
Jul 31 2003 // New Jersey Attorney General Peter Harvey announced that an Essex County doctor and his niece have been charged by the Division of Criminal Justice – Office of Insurance Fraud Prosecutor with reportedly falsifying...
Alliance Again Characterizes NAIC Report on N.J. Auto Costs as ‘Misleading’
Jul 30 2003 // The National Association of Insurance Commissioners’ (NAIC) state rankings of auto insurance premiums is “at best a misleading barometer of who pays how much for car insurance in New Jersey,” according to...
Mercury General Corp. Announces Q2 Results
Jul 29 2003 // Los Angeles-based Mercury General Corporation reported that net income was $43.4 million, or $0.80 per share (diluted), in the second quarter 2003 compared with $1.3 million, or $0.02 per share (diluted), in the same...
N.J. Man Sentenced for Receiving Stolen Property
Jul 23 2003 // New Jersey Attorney General Peter Harvey announced that a Passaic County man was sentenced by Union County Superior Court Judge Rudy Coleman on a charge of receiving stolen property for possessing a stolen...
Penn National Hires New Commercial Lines Territory Manager for N.J.
Jul 21 2003 // Penn National Insurance recently hired Bryce Goodwin as its new commercial lines territory manager in northern New Jersey. “Bryce brings more than 25 years of industry expertise and multi-line knowledge to Penn...
