Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Best Upgrades Travelers Group Issuer Credit Ratings; Revises Outlook
Jun 9 2010 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and...
People
Jun 7 2010 // Wholesaler Crump Insurance promoted Kevin Hahn to executive vice president. As head of New York brokerage operations, Hahn will oversee Crump’s offices in Long Island and New York, and its environmental practice. XL...
New Jersey Jury Awards Doctor $7M in Personal Injury Case
Jun 3 2010 // A New Jersey jury has awarded $7.2 million to a doctor who sued the Port Authority of New York and New Jersey after she fell and broke her elbow at a North Jersey rail station. Lawyers for Soma Mandal of Jersey City said...
New Jersey Airport Not Liable for Plane Damaged by Car
May 28 2010 // An aviation firm that parks planes at an airport in New Jersey is not liable for damages to an aircraft struck by the car of sleeping driver, a state appeals court has ruled. The suit stemmed from a 2006 incident at...
Lynkins to Head Insurance Council of New Jersey
May 25 2010 // Deana Lykins has been named president of the Insurance Council of New Jersey (ICNJ), the a trade association for the state’s property/casualty insurance industry. As president, Lykins will oversee the operations of...
New Jersey’s NIA Group Adds Three Producers
May 21 2010 // New Jersey-based NIA Group, part of Marsh Agency, has hired three new insurance producers in its Mount Laurel, Paramus and Somerset offices. Derek Kimmel, who joins the Mount Laurel office, has broad experience in employee...
Few New Jersey Teens Are Complying with New Driver-Decal Law, State Says
May 17 2010 // Few New Jersey teen drivers are complying with the nation’s first law that requires them to display decals on their license plates. Fewer than one in four had purchased the decals when the new law went into effect...
Ratings: Partners Mutual, Farmers (NJ), Premier Group, United Farm Indiana, Real State, Kansas Med Mutual
May 13 2010 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Wisconsin-based Partners Mutual...
Former New Jersey Cop Wins $5M in Lawsuit Against State Police
May 13 2010 // A former municipal police officer who sued a New Jersey state trooper for excessive use of force has been awarded $5 million. The New Jersey Turnpike Authority says it plans to appeal the jury’s decision. Gary Wade,...
New Jersey Court Reverses Ruling in Insurance Records Case
May 12 2010 // A New Jersey court has found that records of settlements reached by insurance companies on behalf of government entities should be open to the public. In 2008, lawyer Mark Cimino asked used the state’s Open Public...
New Jersey Targeting Growth in Captive and Reinsurance Markets
May 11 2010 // New Jersey Insurance Commissioner Tom Considine praised new, bipartisan legislation that would grow the reinsurance market and create a captive insurance market in the Garden State. The captive insurance bill was put...
Seven North Jersey Residents Charged In Auto “Give Up” Scheme
May 6 2010 // Seven New Jersey residents have been charged with insurance fraud and related charges for lying to police that their cars had been stolen in order to collect insurance money, the New Jersey Attorney General’s office...
Few New Jersey Teens Comply with Driver Decal Law
May 5 2010 // Few New Jersey teen drivers are complying with the nation’s first law that requires them to display decals on their license plates. Fewer than one in four had purchased decals when the new law went into effect on...
Master Agency Launched in New Jersey
Apr 29 2010 // Two New Jersey insurance agencies have joined forces to launch a master agency named Consolidated Insurance Agents. Pavese McCormick Insurance Agency, of Monmouth Junction, and Valvano Insurance Agency, of Linden, say the...
Ratings Roundup: Reserve National, Alaska Timber, State Farm (NJ)
Apr 29 2010 // Standard & Poor’s Ratings Services is keeping its ‘A’ counterparty credit and financial strength ratings on Reserve National Insurance Co. on CreditWatch with negative implications. “We had...
Families Settle for $2.25M with New Jersey City over Car-Trunk Deaths
Apr 27 2010 // The families of three New Jersey boys who died in the trunk of a parked car as police searched for them have settled lawsuits against the city of Camden. The families of 11-year-old Anibal Cruz, 6-year-old Daniel Agosto...
New Jersey Blast Burns Three People
Apr 12 2010 // Three men were seriously burned Friday morning when an explosion rocked a northern New Jersey business. The blast at the Clifton conveyor business occurred just after 10 a.m. when a leaky tank on a truck in the...
People
Apr 5 2010 // New Jersey-based Synergy Professional Associates has hired Thomas Dattoli as manager of its professional liability unit. Dattoli will be responsible for underwriting professional and excess liability for lawyers, and...
Explosion Levels House in New Jersey
Apr 5 2010 // Authorities say two people were injured when an explosion leveled a house in South Amboy, New Jersey. Fire Chief Larry Martin Jr. said the victims were taken to Robert Wood Johnson University Hospital in New Brunswick....
New Jersey Increases Penalties for Crosswalk Violations
Apr 2 2010 // New Jersey drivers are going to face heavier penalties for ignoring pedestrians in crosswalks. State officials on Wednesday announced toughened laws aimed at pedestrian safety. They say New Jersey’s rate of...
