Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Homeowners Ask Judge to Rule Against New Jersey in Protective Dune Case
Feb 23 2016 // Nine oceanfront homeowners in Bay Head, New Jersey, are asking a judge to declare that the state has no legal right to seize parts of privately owned beaches for a protective dune project. In court papers filed Feb. 19,...
Lawsuit Says N.J.’s Post-Sandy Coastal Zone Rules ‘Don’t Make Sense’
Feb 17 2016 // Some New Jersey residents and environmental groups are suing to try to block the state’s new rules governing coastal development in the wake of Superstorm Sandy, saying they allow too many people and buildings to be...
New Day Hires Lupinetti as Account Manager in New Jersey
Feb 11 2016 // Alyson Lupinetti New Day Underwriting Managers LLC has hired Alyson Lupinetti as account manager in the Construction Group. She is based in New Day’s main office in Hamilton, New Jersey. In her new role, Lupinetti is...
Sen. Nelson Seeks Probe of Cruise Ship That Sailed Into Storm
Feb 11 2016 // Federal transportation officials might soon be looking into a Royal Caribbean cruise ship that ran into high winds and rough seas in the Atlantic Ocean last weekend. Sen. Bill Nelson, D.-Fla., has called for the National...
P/C Retail, Wholesale Agency 2015 M&A Highlights by Region, State
Feb 10 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since brokers are enjoying their best...
N.J. Neurologist Accused of Filing Fraudulent Bills to Insurers
Feb 9 2016 // Authorities announced that a North Jersey doctor has been indicted for allegedly billing numerous insurance carriers for medical procedures he did not perform himself or that were not performed at all. New Jersey Acting...
New Jersey 4th State to Sue Volkswagen Over Excess Diesel Emissions
Feb 8 2016 // New Jersey on Friday, Feb. 5, filed a lawsuit against Volkswagen AG and its luxury units over the German automaker’s excess diesel emissions, becoming the fourth U.S. state to take legal action. New Jersey’s...
P/C Retail, Wholesale Agency M&A Activity Brisk in 2015
Feb 8 2016 // When agency consultants at Reagan Consulting hosted more than 150 industry leaders at a workshop on agent/broker mergers and acquisitions (M&A) recently, the mood was upbeat, since many brokers have continued to enjoy...
New Jersey Manufacturers Insurance Co. Ratings Downgraded a Notch
Feb 5 2016 // New Jersey Manufacturers Insurance Company’s stellar financial strength rating has been downgraded a notch by A.M. Best, based on concerns about its underwriting and operating performance. The workers’...
AssuredPartners Acquires Suydam Insurance Agency in New Jersey
Feb 3 2016 // AssuredPartners Inc. announced Wednesday that it has acquired Suydam Insurance Agency in Somerset, New Jersey. Terms of the transaction were not disclosed. Suydam Insurance Agency has provided business and personal...
Sandy Electric Utility Reinforcement Effort Pays Off in Blizzard
Feb 3 2016 // Electric utilities that spent billions of dollars hardening infrastructure after Superstorm Sandy hit New York and New Jersey in 2012 say those upgrades helped keep the lights on during the Jan. 22-24 blizzard. The wind...
World Insurance Associates Acquires Alamo Insurance in New Jersey
Feb 2 2016 // World Insurance Associates LLC, an independent agency based in Tinton Falls, New Jersey, announced that it has acquired Alamo Insurance Services Inc. of Toms River, New Jersey. Terms of the transaction were not...
NOAA: Recent Northeast Winter Storm 4th Most Powerful Since 1950
Jan 31 2016 // The Jan. 22-24 blizzard was the fourth most powerful snowstorm to hit the Northeast in at least 66 years, the National Oceanic and Atmospheric Administration announced. The agency gave the storm a rating of 7.66 on the...
Post-Blizzard, N.J. Gov. Apologizes to Official for ‘Crazy’ Comment
Jan 28 2016 // New Jersey Gov. Chris Christie said Tuesday that he personally apologized after calling a New Jersey shore official a “crazy mayor” and forcefully rebutted critics who suggested the state hasn’t done...
USI Insurance Services Acquires CBDI in New Jersey
Jan 25 2016 // USI Insurance Services announced Monday that it has acquired CBDI Inc., an employee benefits wholesale brokerage operation based in Mount Laurel, New Jersey. Terms of the transaction were not disclosed. CBDI will become...
Massive Blizzard Brought Flooding to Jersey Shore, Coastal Towns
Jan 25 2016 // A massive winter storm that dumped as much as 3 feet of snow on the eastern United States raised flood waters in communities up and down the Atlantic Coast Saturday, closing roads and prompting evacuations. The first round...
New Jersey Gov. Signs Certificates of Insurance Bill
Jan 25 2016 // New Jersey Gov. Chris Christie signed the Certificates of Insurance Act (S-3270/A-4705) into law on Jan. 11. The new law will govern the use of certificates of insurance, making it illegal to request the issuance of...
New Jersey’s Residual Property Insurance Plan Raises Rates
Jan 25 2016 // The New Jersey Insurance Underwriting Association (NJIUA), the state’s residual property insurance plan, has received approval from the Department of Banking and Insurance (DOBI) to implement an overall rate increase...
Bicycle Fatalities Jumped in New Jersey in 2015
Jan 20 2016 // Preliminary state police figures indicate that cycling and passenger deaths ballooned, while motorcycle deaths and pedestrian fatalities fell last year in New Jersey. The Record reports cycling deaths jumped 64 percent to...
ProSight Specialty Hires Kenny as Senior Executive in New Jersey
Jan 13 2016 // ProSight Specialty Insurance has hired Kevin Kenny as senior executive, Strategic Initiatives. He is based in ProSight’s Morristown, New Jersey, headquarters office. In his new role, Kenny will oversee the...
