Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Exclusion Left Off Declarations Page Ruled Unenforceable ‘Hidden Trap’ in New Jersey
May 9 2022 // A three-judge New Jersey Superior Court appellate panel has ruled that an intra-family liability exclusion in a Travelers (St. Paul) auto insurance policy amounts to a “hidden pitfall” and is unenforceable...
New Jersey Steers $50M Into Program to Buy Flood-Prone Properties
May 6 2022 // On a residential block in Lambertville, New Jersey where Tropical Storm Ida’s flood waters swept two houses into Swan Creek, Governor Phil Murphy announced a $50 million investment in a homeowner buyout program for...
New Jersey Court Upholds State Regulator in Dispute With Applied Underwriters
May 2 2022 // The New Jersey insurance commissioner does not have to rely upon the state’s attorney general to bring a lawsuit against out-of-state insurers and their affiliates that it believes are violating state laws. Rather,...
New Jersey Diocese Reaches $87.5M Settlement with Sex Abuse Claimants
Apr 20 2022 // The Catholic Diocese of Camden, New Jersey, and the committee representing about 300 survivors of clergy sexual abuse have reached an $87.5 million settlement that will establish a trust to compensate the survivors. The...
New Jersey to Begin Sales of Recreational Cannabis on April 21
Apr 19 2022 // Recreational marijuana sales in New Jersey for those 21 and older will begin April 21, Gov. Phil Murphy said. “This is a historic step in our work to create a new cannabis industry,” said Murphy, who made the...
Affidavit of Merit Not Needed in Vicarious Liability Claims, Rules New Jersey High Court
Apr 14 2022 // A plaintiff is not required to present an affidavit of merit when bringing a vicarious liability claim against a licensed entity for the alleged negligence of an unlicensed employee, the New Jersey Supreme Court has...
World Insurance Expands in New Jersey with Acquisition of J. Stine Agency
Apr 13 2022 // World Insurance Associates has acquired J. Stine Agency, Inc. of Little Silver, New Jersey. Terms of the transaction were not disclosed. Stine Agency is a family owned agency offering flood, home, life, auto, boat,...
AM Best Upgrades Subsidiaries of New Jersey Manufacturers Insurance
Mar 24 2022 // Rating agency AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa” (Superior) from “a” (Excellent) of New Jersey...
Hilb Group Acquires New Jersey’s E.B. Cohen Insurance
Mar 24 2022 // The Hilb Group said it has acquired E.B. Cohen Insurance and Risk Management, expanding the company’s presence in the tri-state area. E.B. Cohen has offices in both Roseland, New Jersey, and New York, New York and...
New York Medical Malpractice Insurer EmPRO to Enter New Jersey
Mar 23 2022 // New York medical malpractice insurer EmPRO Insurance Co., a subsidiary of Physicians’ Reciprocal Insurers, said it is expanding into New Jersey. It has filed to become an admitted insurer in New Jersey and plans to...
Insurance Executive Pattwell Named to Head New Jersey Casino Reinvestment Agency
Mar 21 2022 // Gov. Phil Murphy has named a long-time insurance industry executive to head the state agency helping to redevelop Atlantic City. Sean Pattwell was appointed executive director of the Casino Reinvestment Development...
New Jersey High Court Says Public Has Right to See Internal Report on Police Director
Mar 18 2022 // New Jersey’s Supreme Court has ruled the public has a right to see the internal affairs report from the case of the city of Elizabeth’s former police director, who resigned after an investigation found he used...
New Jersey City Votes to Halt Licenses of Gas Stations Tied to Russia’s Lukoil
Mar 10 2022 // Reflecting growing animosity across the United States toward Russia after its invasion of Ukraine, lawmakers in New Jersey’s largest city have voted to suspend the licenses of gas stations branded with the name of a...
Keystone Adds New Jersey’s Strategic Insurance Partners
Mar 10 2022 // The Pennsylvania-based insurance brokerage platform Keystone Agency Partners (KAP), has acquiredadmin Strategic Insurance Partners (SIP), an independent insurance agency based in Nutley, New Jersey, to its network....
New Jersey Initiates Controlled Burns to Lessen Fire Risk in Pinelands
Mar 7 2022 // New Jersey environmental officials are fighting fire with fire, using so-called “controlled burns” to reduce the risk of future wildfires by burning pine needles, dead leaves and other dry underbrush. Removing...
Court Siding With Merck Over War Exclusion for Cyber Attack a Warning to Insurers
Feb 21 2022 // In January, the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4 billion in damages Merck & Co. said it suffered from a spring 2017 cyber attack known as...
New Jersey Cites 5 Contractors for Employee Misclassification
Feb 17 2022 // The New Jersey Department of Labor and Workforce Development (NJDOL) has issued stop-work orders to five out-of-state contractors – from Florida, Georgia, and North Carolina – who misclassified workers performing...
Jersey DOL Cites 5 Southeast Contractors for Misclassifying Workers
Feb 17 2022 // Contractors based in Florida, North Carolina and Georgia have been ordered to stop work in New Jersey and now face penalties for allegedly misclassifying workers. The New Jersey Department of Labor said it had issued the...
Bus Firm Reaches $20M False Claims Act Settlement With New Jersey Transit
Feb 14 2022 // A bus company accused of overcharging New Jersey Transit for missed trips and over-billing for hours and miles driven will pay more than $20 million to settle a lawsuit brought by the state, the attorney general’s...
Takeaways from Our Conversation on More M&As, Cannabis ‘Frappucinos’ on Tap for 2022
Feb 14 2022 // Powered by InsuranceJournal.tv New Frontier Data, a producer of cannabis research and intelligence, released its “22 for 22 Report,” in January, which imparts a definitive air of optimism mixed with few...
