Latest New Jersey Headlines

All the headlines from our New Jersey Topic Page, ordered by recency.

New Jersey Regulators Want to End Auto Insurance Subsidy Program

Aug 6 2010 // New Jersey insurance regulators plan to eliminate a never-used legal entity designed to monitor and encourage auto insurers to write more business in higher-risk areas of the state. The plan, known as the Territorial...

New Jersey Agent Pleads Guilty to $300K in Thefts

Aug 3 2010 // A New Jersey insurance broker has pleaded guilty to stealing more than $300,000 in premium payments from his clients, according to the state’s attorney general. Under a plea agreement with prosecutors, the state will...

Customers Significantly Less Satisfied With Auto Insurance Companies

Aug 3 2010 // After peaking in 2009, overall customer satisfaction with insurance companies has declined significantly in 2010, largely because of price, according to the J.D. Power and Associates “2010 U.S. National Auto...

Poll: More New Jersey Drivers Are Texting

Aug 2 2010 // More New Jersey motorists surveyed say they’re texting behind the wheel and speeding. But Garden State residents believe New York motorists are the worst drivers. Some 25 percent of New Jersey motorists surveyed in...

Dougherty Named President of New Jersey Subcontractors Association

Jul 30 2010 // William Dougherty has been named president of the New Jersey Subcontractors Association for its 2011 fiscal year. Dougherty is executive vice president & COO for True and Associates, a full-service insurance and...

Agent Gets 3 Years for Pocketing Premiums in New Jersey

Jul 29 2010 // A former Pennsylvania insurance agent has been sentenced to three years in prison for his role in scheme to steal hundreds of thousands of dollars in premiums, according to the New Jersey attorney general’s...

Poll: More New Jersey Drivers Are Texting

Jul 20 2010 // More New Jersey motorists surveyed say they’re texting behind the wheel and speeding. But the Garden State residents believe New York motorists are the worst drivers. Some 25 percent of New Jersey motorists surveyed...

New Jersey Supreme Court: Insurer Must Defend in House Guest Overdose

Jul 19 2010 // An insurance company must defend a homeowner who was sued after a woman overdosed on drugs at a house party he held, the New Jersey Supreme Court has ruled. The ruling by Justice Helen E. Hoens reversed an appeals court...

New Jersey Bill Targets Vehicles Registered Out of State

Jul 19 2010 // New Jersey is taking aim at residents who fraudulently register their vehicles or obtain auto insurance in other states. The Assembly recently passed a measure that makes so-called “reverse rate evasion” a form...

Business Moves

Jul 19 2010 // NetComp NetComp Insurance, a newly-formed program manager based in Columbia, S.C., has opened its online program (www.netcompinsurance.com) for small to-mid size workers’ compensation business to all independent...

Insurance Brokers Plead Not Guilty to New Jersey Fraud

Jul 15 2010 // Three insurance brokers from Maryland have pleaded not guilty to charges that they bilked the city of Perth Amboy, N.J., out of more than $216,000 by collecting payments for a nonexistent wellness program for city...

New Jersey Supreme Court: Insurer Must Defend in House Guest Overdose

Jul 8 2010 // An insurance company must defend a homeowner who was sued after a woman overdosed on drugs at a house party he held, the New Jersey Supreme Court has ruled. This week’s ruling written by Justice Helen E. Hoens...

New Jersey Bill Targets Vehicles Registered Out of State

Jul 6 2010 // New Jersey is taking aim at residents who fraudulently register their vehicles or obtain auto insurance in other states. The Assembly recently passed a measure that makes so-called “reverse rate evasion” a form...

New Jersey to Cease Printing Agents’ and Adjusters’ Licenses

Jul 5 2010 // Print it yourself. That’s what New Jersey’s insurance regulator is telling insurance agents about their insurance licenses. The department has issued a new bulletin advising agents and public adjusters in the...

People

Jul 5 2010 // The Excess Line Association of New York has appointed Jasmin Chen Johnson as financial director. She will be responsible for conducting financial analysis, review and monitoring of all New York-eligible excess line...

Tower Completes Acquisition of OneBeacon’s Personal Lines Business

Jul 1 2010 // Tower Group Inc. has completed its acquisition of the personal lines business of OneBeacon Insurance Group for $167 million. The completed transaction includes the acquisition by Towers of Massachusetts Homeland Insurance...

New Jersey Agent Allegedly Made Up Company, Kept Premiums

Jul 1 2010 // A New Jersey grand jury has indicted a Burlington County insurance agent for pocketing payments from three clients, according to Attorney General Paula T. Dow. Lee Schaffer, of Marlton, was charged with insurance fraud,...

New Jersey to Cease Printing Agents’ Licenses

Jun 30 2010 // Print it yourself. That’s what New Jersey’s insurance regulator is telling insurance agents about their insurance licenses. The department issued a new bulletin advising agents and public adjusters in the state...

Romano Joins Integro in New Jersey

Jun 22 2010 // New York-based brokerage and risk management firm Integro appointed Jennifer Romano as managing principal, based in New Jersey. She will manage complex placements and risk consulting services for healthcare clients...

New Jersey Agents’ Group Elects New President

Jun 15 2010 // The Professional Insurance Agents of New Jersey elected Donna M. Cunningham as the trade group’s president. Cunningham has served as vice president, secretary and treasurer for the group. She is also president of...