Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Some New Jersey Towns Taking Steps to Reduce Flooding
Nov 28 2011 // Several northern New Jersey towns hit hard by recent flooding are taking steps to make sure it doesn’t happen again. New Jersey’s Department of Environmental Protection has awarded $350,000 to four communities...
New Jersey Had Most Flood Vehicle-Related Claims in Wake of Irene
Nov 21 2011 // New Jersey generated the most flood vehicle-related claims in wake of Hurricane Irene, according to National Insurance Crime Bureau. Claims processed by the group’s member companies show the Garden State had 4,121...
Jury Clears New Jersey Pub in Patron’s Death
Nov 16 2011 // Jurors found a New Jersey pub was not negligent in the death of a patron who was struck and killed while walking on the Garden State Parkway. The jury decided not to award money to the parents of Robert Barbiero II. They...
CRC Insurance Services Appoints Casualty Broker in New Jersey
Nov 9 2011 // CRC Insurance Services, a wholesale broker headquartered in Birmingham, Ala., hired Kenneth Echols as a casualty broker for the Parsippany, N.J., office. In his new role, Kenneth will focus on helping retail insurance...
New Jersey Looks to Put a Lid on Its Auto Insurance ‘Pot of Gold’
Nov 7 2011 // New Jersey regulators are working on updating auto insurance personal injury protection (PIP) regulations. The state’s law requires that the Department of Banking and Insurance (DOBI) revisit the rules every two...
3M Powerless as October Snow Surprises Northeast
Oct 31 2011 // A freak October snowstorm knocked out power Sunday to more than 3.1 million homes and businesses across the U.S. Northeast, with close to two feet (60 centimeters) of snow falling in some areas over the weekend. The storm...
FEMA, SBA Extend Deadline for Hurricane Aid in New Jersey
Oct 23 2011 // New Jersey residents and businesses battered by Hurricane Irene will now have more time to seek federal aid to help cover their losses. The Federal Emergency Management Agency and the Small Business Administration...
Oklahoma Senator: State Employee Health Plan will Send $75M to New Jersey
Oct 20 2011 // Beginning Jan. 1, 2012, Oklahoma school teachers and state employees using HealthChoice for insurance benefits will be forced to fill their prescriptions through an out-of-state mail order pharmacy, according to state Sen....
Workers’ Comp Results Deteriorated for Northeastern States Last Year
Oct 20 2011 // Most states in the northeastern region reported deteriorating workers’ compensation underwriting results last year, according to latest data from A.M. Best. Pennsylvania, New Jersey, Delaware, Maine and Rhode Island...
N.J. Insurance Agent Indicted for Allegedly Stealing $176K
Oct 20 2011 // A Camden County, New Jersey, insurance agent was indicted for allegedly stealing more than $172,000 from insurance purchasers and for allegedly failing to remit insurance premiums worth over $3,200. The indictment was...
N.J. Man Indicted for Allegedly Submitting False Claim Worth $24K
Oct 19 2011 // A Monmouth County, New Jersey, resident has been indicted for allegedly submitting a forged receipt in support of an insurance claim in an attempt to collect more than $24,000 to which he was not entitled. The indictment...
New Jersey Looks to Put a Lid On Its Auto Insurance ‘Pot of Gold’
Oct 13 2011 // New Jersey’s auto insurance personal injury protection (PIP) regulations are due for an update. The state’s law requires that the Department of Banking and Insurance (DOBI) revisit the rules every two...
New Jersey Workers’ Comp Insurers Seek 6.9% Rate Hike
Oct 12 2011 // The New Jersey Compensation Rating & Inspection Bureau has filed a request with regulators to increase workers’ compensation rates by 6.9 percent effective 2012. “It will be reviewed by the Department of...
N.J.-based Selective Insurance Reports $70M in Q3 Cat Losses
Oct 11 2011 // Branchville, N.J.-based Selective Insurance Group reported on Tuesday, Oct. 11, pre-tax catastrophe losses for the third quarter of around $70 million, or 20 points on the combined ratio. The loss estimate is net of...
N.J. Insurance Veteran Fernandez Wins PIA Award
Oct 6 2011 // The National Association of Professional Insurance Agents (PIA) has named New Jersey insurance veteran Edward Fernandez as its 2011 Company Representative of the Year. Fernandez is president of the Palisades Companies, an...
Berkshire Hathaway to Buy N.J.-based Princeton Insurance
Sep 30 2011 // Berkshire Hathaway’s medical professional liability insurance unit, Medical Protective Co., is purchasing New Jersey-based Princeton Insurance Co., a professional liability insurer for healthcare providers. Princeton...
New Jersey Flood Victims Have Received $116M in Federal Aid
Sep 30 2011 // Dina Zampelle expects that by December, her credit score will be as muddied as her central New Jersey home. That’s because unless the government jumps in to help, she expects the bank to foreclose. “I owe...
Port Authority Cleared of Negligence Claims in ’93 WTC Bombing
Sep 28 2011 // Last week, New York State’s high court cleared Port Authority of New York and New Jersey of negligence claims in the 1993 World Trade Center parking garage bombing. The Sept. 22 ruling reverses lower courts’...
Irene Raises Hurricane Deductible Questions in Northeast States
Sep 19 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
Business Moves
Sep 19 2011 // OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned...
