Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Geico defends auto rating criteria in N.J.
Jul 3 2006 // New Jersey state Senator Nia Gill, D-Essex, has sponsored a bill to ban auto insurance companies from taking education and occupation into account when setting policy prices, arguing that the practice is discriminatory and...
Geico defends auto rating criteria in N.J.
Jul 3 2006 // New Jersey state Senator Nia Gill, D-Essex, has sponsored a bill to ban auto insurance companies from taking education and occupation into account when setting policy prices, arguing that the practice is discriminatory and...
Former N.J. Cop Gets 1-Year for ‘Chop-Shop’ Car Insurance Fraud
Jun 28 2006 // A former Hillside, New Jersey police officer has been sentenced to one year in jail and barred from public employment for taking part in a chop shop insurance scheme. Dennis Melendez, who had been on the Hillside...
Declarations
Jun 19 2006 // N.J. pays premium Flood insurance is a particularly salient issue for my home state of New Jersey. Surrounded by the Delaware River to the west and the Hudson River and Atlantic Ocean to the east, New Jersey is especially...
Bollinger Acquires 2 More N.J. Agencies, Hopgood and Windsor
Jun 15 2006 // Bollinger, Inc., a national privately held insurance broker, has acquired Windsor Benefit Consultants, Inc. and James E. Hopgood & Associates of Denville, N.J. Both firms’ employees will relocate to...
N.J. Lawmaker Not Swayed by Geico’s Defense of Rating Criteria
Jun 15 2006 // Auto insurance companies that use a person’s education and occupation to set rates are discriminatory and circumvent laws against using race and income to calculate prices, a state senator said this week. After...
N.J. Agents Elect Anderson as Association President
Jun 14 2006 // The Professional Insurance Agents of New Jersey Inc. has elected officers for for 2006-2007, with Andrew Anderson of Beach Haven, N.J., being chosen president. He is executive vice president and secretary of the G....
Insurers Defend Job, Education as Auto Insurance Pricing Criteria in N.J.
Jun 13 2006 // Insurance industry representatives urged New Jersey lawmakers not to restrict insurers’ use of certain rating variables including occupation and education in the pricing of auto insurance policies, insisting that the...
Bill Would Create N.J. Catastrophe Fund
Jun 8 2006 // New Jersey Assemblyman Mike Panter (D-Monmouth/Mercer) has filed legisaltion to create a premium-funded state pool to cover homeowners’ losses from natural catastrophes. Panter’s bill (A-3236), the New Jersey...
N.J. Among States Considering ‘Fire-Safe’ Cigarette Mandate
Jun 7 2006 // New Jersey would become one of a handful of states to require that cigarettes sold in-state have extra fire protections built in, under a measure being considered in the Legislature. The proposal — modeled after similar...
N.J. Drivers ‘Clear Winners’ Under ’03 Reforms, Claims Industry Report
Jun 5 2006 // New Jersey drivers are the “clear winners” due to auto insurance reforms enacted by lawmakers in 2003 according to the Property Casualty Insurers Association of America (PCI), which released a report about the...
N.J. Court Holds Guaranty Fund Should Pay Illegal Aliens’ Accident Costs
May 19 2006 // New Jersey’s Supreme Court has unanimously ruled that illegal immigrants injured by uninsured drivers can have medical costs covered by a fund whose money comes from insurance fees. The 7-0 decision by New Jersey...
N.J. Court: Worker Can Sue Exxon Over Spouse’s Death
Apr 27 2006 // A retired steamfitter who claims his asbestos-contaminated work clothes caused his wife’s death can sue Exxon Mobil, owner of a refinery where he worked, New Jersey’s Supreme Court ruled. The oil company should...
N.J. Officials Push for Tougher Chemical Plant Safety Rules
Apr 18 2006 // Speaking near a cluster of chemical plants, New Jersey’s two United States senators and its new homeland security director said the state should be able to enact tougher safety standards for chemical facilities than...
TD Banknorth Continues Expansion in N.J. with Interchange Acquisition
Apr 17 2006 // TD Banknorth Inc., headquartered in Portland, Maine, is acquiring Interchange Financial Services Corporation for $480.6 million in an all cash transaction. Headquartered in Saddle Brook, New Jersey, Interchange had $1.6...
New Jersey’s ProTrans Acquires Midwest-based WSIB Insurance
Apr 11 2006 // Insurance broker ProTrans Inc., a member of New Jersey-based Capacity Group of Companies, announced an agreement to acquire WSIB Motorsports Insurance of Indianapolis, Ind., effective March 21, 2006. With offices in...
Merck to Appeal N.J. Vioxx Compensatory and Punitive Damages
Apr 11 2006 // A New Jersey jury that last week awarded $4.5 million in compensation to a man who suffered a heart condition after long-time use of the painkiller Vioxx has added $9 million in punitive damages. Vioxx-maker Merck &...
N.J. Insurer Palisades Names Fernandez President and CEO
Apr 4 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...
Consumer group accuses Geico, other insurers of unfair underwriting
Apr 3 2006 // A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of...
Consumer group accuses Geico, other insurers of unfair underwriting
Apr 3 2006 // A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer Federation of...
