Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Massachusetts Joins Ohio, N.J. in Proposing COVID-19 Business Interruption Bill
Mar 31 2020 // Massachusetts is one of the latest states to propose legislation that would mandate insurers cover COVID-19 related business interruption claims despite virus exclusions in many policies. This comes as Insurance Journal...
P/C Insurers Put a Price Tag on Uncovered Coronavirus Business Interruption Losses
Mar 30 2020 // The property/casualty industry estimates that business interruption losses from the coronavirus just for small businesses in the U.S. could be between $220-$383 billion per month — or a quarter to half of the total...
How East Insurance Regulators Are Responding to the Coronavirus Pandemic
Mar 25 2020 // As insurers continue to monitor the spread and impact of COVID-19, insurance regulators across the East region of the U.S. are issuing guidance on how the industry can respond. “There is almost no aspect of the...
New Jersey Food Manufacturer Faces $77K in Penalties After Worker Injury
Mar 23 2020 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited D.O. Productions LLC for lockout/tagout violations after unguarded machinery caused severe hand injuries to an employee at...
Construction Worker Killed in Fall at Housing Site in New Jersey
Mar 23 2020 // A construction worker has died after a fall at a housing site in northern New Jersey, authorities said. The accident occurred around 5:20 p.m. Wednesday in Florham Park. Wander Santos, 47, of Newark, fell about 30 to 35...
NY Regs Ask Insurers for Details of Business Interruption Policies in Wake of COVID-19
Mar 20 2020 // The New York State Department of Financial Services (DFS) has instructed insurers to submit details of business interruption policies that have been provided to insureds, as well as the coverage each policy offers...
Analyst Says Specialty P/C Insurers More Likely to See Business Interruption Losses
Mar 19 2020 // The original property/casualty insurance industry reaction that business interruption losses may be modest may have been too optimistic, according to a leading insurance analyst. KBW’s Meyer Shields believes that the...
Proposed N.J. Bill Would Require Insurers to Pay COVID-19 Business Interruption Claims
Mar 19 2020 // A proposed New Jersey bill, which aims to create business interruption insurance coverage for COVID-19 related claims despite virus exclusions in many policies, has drawn concern about the constitutionality of legislation...
N.J. Worker Fired for Medical Marijuana Use Can Pursue Disability Discrimination Claim
Mar 18 2020 // The New Jersey Supreme Court has ruled that an employee can pursue a disability discrimination claim under the New Jersey Law Against Discrimination (NJLAD) after being fired due to his legal use of medical marijuana...
Governor Murphy Waives Fees for COVID-19 Testing for Some New Jersey Residents
Mar 12 2020 // New Jersey Governor Phil Murphy said Tuesday the state will waive fees for COVID-19 testing for more than 2 million residents on certain health plans. The waivers apply to residents with health insurance through their jobs...
World Insurance Associates Acquires New Jersey’s Lewis-Chester Associates
Mar 11 2020 // World Insurance Associates LLC (WIA) acquired Lewis-Chester Associates Inc. of Summit, N.J., on February 1, 2020. Terms of the transaction were not disclosed. Founded in 1947, Lewis-Chester Associates Inc. is a full...
Brightway Insurance Franchise Owner Collins Expands Business to New Jersey
Mar 10 2020 // Brightway Insurance Franchise Owner Ryan Collins has expanded his business enterprise with a second Brightway location in Chatham, N.J., which is his first location in the Garden State. Collins opened his first Brightway...
New York’s Fullerton Beck Taps Pedro to Manage Newly Opened New Jersey Office
Mar 10 2020 // New York-based law firm Fullerton Beck LLP has opened its first New Jersey office in Red Bank. The firm also has an office in White Plains, N.Y. New Jersey insurance coverage attorney Verne Pedro, who started with the firm...
Agency M&As: Private Equity Still in Driver’s Seat; Digital Agencies Attract Attention
Mar 2 2020 // The private equity bandwagon continued to roll through the insurance agency and brokerage mergers and acquisitions territory in 2019. As many as two-thirds of all deals involved private equity, according to experts. Most...
Mortgage Company Staffer in New Jersey Who Stole $2M Gets Prison Term
Feb 21 2020 // A mortgage company staffer who created hundreds of fraudulent wire transfers to steal roughly $2 million from the firm has been sentenced to nearly four years in federal prison. Dilcia Mercedes of Camden, N.J., will also...
New Jersey Mall Worker Seriously Injured in 30-Foot Fall from Roof
Feb 19 2020 // Authorities say a worker at a New Jersey mall was seriously injured in a 30-foot fall from the roof over the weekend. Roxbury police were dispatched to the Ledgewood Mall shortly after 1 p.m. Saturday after the man, a...
Insurance Office of America Merges with New Jersey’s RDA Benefit Services
Feb 18 2020 // Insurance Office of America (IOA) has merged with New Jersey-based RDA Benefit Services, owned by Bob and Nancy Damato. The merger became effective Jan. 1, 2020, and further adds to IOA’s growing team in the...
Court Revives Lawsuit Over Runaway Golf Cart Injury in New Jersey
Feb 11 2020 // A state appeals court on Friday revived a lawsuit by a golfer who suffered a serious leg injury when he was hit by a cart driven by another golfer. Thomas McKeown claimed Philip Capavanni shouldn’t have let his...
New Jersey Dentist Agrees to Suspension After 15 Patients Sickened
Feb 5 2020 // A New Jersey oral surgeon has agreed to a five-year license suspension after 15 patients were sickened by a bacterial heart infection and one died. Dr. John Vecchione on Monday also agreed to pay $293,500 in penalties. He...
New Jersey’s J.A. Montgomery Consulting Hires Vallen to Forensic Services Practice
Feb 5 2020 // J.A. Montgomery Consulting, a New Jersey-based affiliate of Conner Strong & Buckelew that focuses on risk control, safety and claims services, has hired Colleen Vallen to its team. Vallen, a forensic services expert...
