Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Storm Costs Driving Up New Jersey Auto Insurance Rates
Apr 30 2013 // Losses from previous storms are helping to drive up New Jersey’s auto insurance rates, which are already the highest in the nation. The Record newspaper reports the state approved increases for 26 insurance companies...
Sandy Lesson for Business Owners: Read Policy, Keep Track of Notice Provisions
Apr 28 2013 // It’s been six months since Superstorm Sandy made its landfall on the coast of New Jersey and became one of the costliest storms ever recorded in the U.S. Many businesses in the region are still recovering from the...
York Risk Services Group in New Jersey Appoints VP of Sales
Apr 25 2013 // York Risk Services Group (York), a national provider of claims-management, specialized loss adjusting, alternative risk programs, pool administration and other insurance services, announced that Jim Ossner has joined the...
N.J. Gov. Christie: Federal Grants for Homeowners May Still Take Months
Apr 24 2013 // New Jersey Gov. Chris Christie says that he expects federally funded grants for New Jersey business owners hit by Superstorm Sandy may arrive soon. But he says homeowners may have to wait until July to see their grants...
I.I.I. : 93% of New Jersey/New York Sandy Claims Settled
Apr 22 2013 // Insurance regulators in New Jersey and New York — the two states hardest-hit by Superstorm Sandy — report that insurers have settled 93 percent of the claims they received in the wake of Sandy, according to the...
FEMA Has Most N.J. Flood Insurance Claims Settled
Apr 22 2013 // The Federal Emergency Management Agency says it has settled 96 percent of post-Sandy National Flood Insurance Program claims in New Jersey. The agency says that as of April 9, there had been 74,825 claims filed and 70,689...
2 N.J. Gas Stations Settle Suit Over Alleged Price Gouging After Sandy
Apr 18 2013 // Two gas stations in New Jersey will pay a combined $46,000 to settle claims they gouged gas prices following Superstorm Sandy. The state attorney general’s office and the division of consumer affairs announced the...
New Jersey Official: State to Buy Flood-Prone Homes in ’13
Apr 17 2013 // New Jersey officials plan to unveil a plan in the next two to three weeks for buying out roughly 1,000 flood-prone homes from owners who want to sell them, a state Department of Environmental Protection spokesman said...
Q&A: A Look at Flood Maps and What They Mean in New Jersey
Apr 15 2013 // Earlier in April, the federal government announced that it would not give grants to repair homes badly damaged by Superstorm Sandy unless the owners agreed to make sure they are in compliance with new advisory flood...
N.J. Transit: Post-Sandy Costs $450M and Still Rising; Federal Funds, Insurance to Cover Losses
Apr 12 2013 // The costs continue to mount for New Jersey Transit in the wake of Superstorm Sandy. At its monthly board meeting Wednesday, the agency approved paying another $28 million to a Canadian company to repair locomotives damaged...
FEMA Has Most New Jersey Flood Insurance Claims Settled
Apr 11 2013 // The Federal Emergency Management Agency says it has settled 96 percent of the post-Superstorm Sandy National Flood Insurance Program claims in New Jersey.A photo of flooded homes in the Mantoloking, N.J., region on Nov. 2,...
Arthur J. Gallagher & Co. Acquires Advanced Benefit Advisors in New Jersey
Apr 8 2013 // Itasca, Ill.-based global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Advanced Benefit Advisors Inc. of Cherry Hill, N.J. Terms of the transaction were not disclosed. Established in 2005,...
New Jersey Chiropractor Sentenced in Insurance Fraud Scheme
Apr 2 2013 // Authorities announced Monday that a central New Jersey chiropractor was sentenced to state prison for fraudulently obtaining more than $650,000 by illegally using “runners” to recruit auto accident patients to...
New Jersey Selects Administrator for Sandy Claims Mediation Program
Apr 1 2013 // Kenneth Kobylowski, commissioner for New Jersey’s Department of Banking and Insurance, announced on March 28 that his department has selected the American Arbitration Association to administer a mediation program for...
U.S. Announces $1.4B in Sandy Transit Aid to New York, New Jersey
Apr 1 2013 // The federal government announced $1.4 billion in aid last Friday, March 29, to transit agencies affected by Superstorm Sandy. Most of the aid announced by U.S. Transportation Secretary Ray LaHood is going to four agencies...
Ratings: Odyssey Re, National Fire, American Safety, N.J. Manufacturers, Blue Whale
Mar 29 2013 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of the Odyssey Reinsurance Group members....
N.J. Gov.: FEMA May Scale Back Hazardous Designations in New Flood Maps
Mar 25 2013 // Since shortly after Superstorm Sandy pummeled the Jersey shore last October, homeowners up and down the coast have agonized over whether to raise their homes to survive future storms.N.J. Gov. Christie speaking at a town...
N.J. Poll: Rules Needed for Rebuilding After Superstorm
Mar 24 2013 // A new poll finds most New Jersey voters surveyed believe the state should impose specific rules on property owners who are rebuilding after Superstorm Sandy.Sandy boardwalk damage in Seaside, N.J., on Oct. 30, 2012. (N.J....
Dunes vs. Property Rights in Storm-Battered New Jersey
Mar 21 2013 // The sand dune that ruined Harvey and Phyllis Karan’s view of the ocean allowed their beachfront home to see another day when Superstorm Sandy’s surge crashed ashore. They still want the $375,000 a court awarded...
N.J. Gov. Christie Seeks $250M to Buy Out Homes in Flood-Prone Areas
Mar 21 2013 // New Jersey Gov. Chris Christie said on Tuesday, March 19, that he is asking the federal government to let the state use $250 million in Sandy aid to help New Jersey buy out homeowners in flood-prone areas, but he does not...
