Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Worldwide Facilities Acquires New Jersey’s Hunt Jorgensen
Oct 5 2020 // Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter, has acquired Hunt Jorgensen LLC, a managing general underwriter specializing in professional liability...
New Jersey Man Sentenced to One Year in Prison for Role in Insurance Fraud Scheme
Oct 2 2020 // A New Jersey man has been sentenced to 12 months and one day in prison for his role in an automobile accident scheme supporting fraudulent insurance claims. Luis G. Aguirre, of Hudson County, N.J., was sentenced for his...
Plymouth Rock Assurance Launches Motorcycle Insurance in N.J., Pennsylvania
Oct 1 2020 // Plymouth Rock Assurance launched motorcycle insurance for riders across New Jersey and Pennsylvania. The launch of the product comes than a year after the company acquired Rider Insurance Co., which has focused on the...
Amazon Workers’ Injury Rate Higher Than Industry Average, Report Says
Sep 30 2020 // Amazon.com Inc. warehouse workers in the U.S. are getting hurt at a higher rate than the industry average, according to an investigative report. The rate of injuries contradicts more rosy assertions the company has made to...
World Insurance Associates Acquires New Jersey’s Gateway Agency National
Sep 24 2020 // World Insurance Associates LLC (WIA) acquired Gateway Agency National of Highlands, N.J., on September 1, 2020. Terms of the transaction were not disclosed. Founded in 1981, Gateway specializes in home, automobile, boating...
2 Reasons COVID-19 Legislation is the Wrong Solution
Sep 23 2020 // Back in March and April, I gave two webinars on COVID-19 for the Academy of Insurance. If you haven’t had a chance to take those, click here to get the Academy of Insurance COVID-19 related classes. One of the topics...
Business Moves
Sep 21 2020 // National Carlyle, Alera Group New York-based investment firm The Carlyle Group led a $150 million investment for Deerfield, Ill.-based Alera Group, the property and casualty, employee benefits insurance broker that is a...
Rental Car Company to Pay $80K in Penalties, Implement Reforms Over Fraud Allegations
Sep 17 2020 // A discount car rental company operating out of Newark and JFK Airports has agreed to pay $80,000 in penalties, enter binding arbitration to resolve consumer complaints and change its policies and practices following New...
Hospitals, Nursing Homes Fail to Separate COVID Patients, Putting Others at Risk
Sep 10 2020 // Nurses at Alta Bates Summit Medical Center were on edge as early as March when patients with COVID-19 began to show up in areas of the hospital that were not set aside to care for them. The Centers for Disease Control and...
IAT Insurance Group Names Fox Managing Director in New Jersey
Sep 8 2020 // IAT Insurance Group has named Chris Fox to its reinsurance business unit as managing director. He is based in IAT’s Newark, N.J., office. Fox comes to IAT after 12 years with Everest Re in both domestic and...
One80 Intermediaries Acquires New Jersey’s Equinox Management Group
Sep 3 2020 // One80 Intermediaries, a national wholesale broker, program manager and insurance aggregator headquartered in Boston, Mass., has acquired the Equinox Management Group and its affiliates Meridian Management Group and...
World Insurance Associates Acquires New Jersey’s Advantage Benefit Concepts
Sep 2 2020 // World Insurance Associates LLC (WIA), has acquired Advantage Benefit Concepts Inc. of Blackwood, N.J., on April 1, 2020. Terms of the transaction were not disclosed. Advantage Benefit Concepts Inc. specializes in employee...
Commuter Bus Slams Divider at NYC Terminal, 16 People Hurt
Aug 31 2020 // A commuter bus slammed into a divider at New York City’s main bus terminal on Saturday, injuring 16 people – one critically, the fire department said. The New Jersey Transit bus crashed around 9:30 a.m. on an...
World Insurance Associates Acquires New Jersey’s Maximum Benefit Insurance Agency
Aug 31 2020 // World Insurance Associates LLC (WIA) acquired Maximum Benefit Insurance Agency Inc. of Saddle Brook, N.J., on August 1, 2020. Terms of the transaction were not disclosed. Founded in 1994, Maximum Benefit Insurance Agency...
New Jersey Driver Accused of Texting Gets Prison in Pedestrian’s Death
Aug 27 2020 // A New Jersey woman has been sentenced to five years in prison in the death of a pedestrian that prosecutors said occurred as the driver was texting – an accusation the defendant denied on the stand. Alexandra...
New Jersey High Court Sides with Pfizer Over Religious Discrimination Suit
Aug 24 2020 // A former Pfizer employee who said she was fired for refusing a vaccine on religious grounds can’t proceed with a discrimination lawsuit because she waived that right, New Jersey’s Supreme Court ruled Tuesday in...
How One Young Brokerage Founder Plans to Target a ‘Different’ High Net Worth Market
Aug 24 2020 // As a self-taught app developer, when Hayden Kopser sees a problem, he seeks to build a solution. So, when he observed during his time working at AIG that some brokerages weren’t adequately servicing high net worth...
Weather Service Probes Damage in New Jersey to Determine if Tornado Hit
Aug 21 2020 // National Weather Service officials on Thursday were trying to determine if a tornado touched down as a severe thunderstorm moved across a portion of New Jersey. Heavy rain and powerful winds sent residents scrambling in...
Twelve Hurt as Commuter Buses Crash on New Jersey Turnpike Ramp
Aug 19 2020 // A crash early Monday involving two New Jersey Transit buses on a New Jersey Turnpike exit ramp left roughly 12 people injured, authorities said. The accident in Secaucus occurred around 7:15 a.m., state police said. One...
New Jersey Provides Guidance for Homeowners After Tropical Storm Isaias
Aug 13 2020 // The New Jersey Department of Banking and Insurance (DOBI) has provided guidance for homeowners suffering property damage caused by the recent tropical storm that rattled the state. DOBI has issued guidance for New Jersey...
