Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
N.J. Couple Gets $284K in Dispute Over Beach House
Apr 9 2012 // A New Jersey couple whose beach house was destroyed by a storm 50 years ago has finally been awarded compensation for it, but may appeal the award. Barely two years after Edward and Nancy Klumpp built their beach house in...
Former N.J. School Superintendent Pleads Guilty to Public Corruption
Apr 6 2012 // Former Toms River Regional Schools superintendent Michael Ritacco pleaded guilty to public corruption and tax evasion charges Thursday. Federal prosecutors claimed Ritacco accepted between $1 million and $2 million in cash...
N.J. Crew Members Sentenced in Failed Bid to Sink Ship, Collect $400K
Apr 5 2012 // Two men who admitted roles in a botched attempt to sink a fishing boat to collect insurance money are now headed to federal prison. Erik James of Goshen and Christopher Martin of Wildwood both received 30-month terms when...
Broker Admits Funneling Over $1M in Bribes to N.J. School Official
Apr 3 2012 // A Maryland insurance broker has admitted making more than $1 million in bribes to a former school superintendent in southern New Jersey. Seventy-year-old Francis X. Gartland of Baltimore pleaded guilty Monday to charges of...
N.J.-based Broker Bollinger Acquires Creative Agency Group
Mar 29 2012 // Short Hills, N.J.-based insurance broker Bollinger acquired Creative Agency Group in Holmdel, N.J. Creative Agency Group specializes in program business — specifically golf and county clubs, health and fitness clubs,...
N.J. Police Chief on Trial for Official Misconduct, Insurance Fraud
Mar 27 2012 // A trial got underway on Monday for Hackensack, N.J., Police Chief Ken Zisa. Zisa was suspended without pay in 2010 after he was charged with official misconduct and insurance fraud. The chief is accused of removing his...
William Gallagher Associates Appoints Senior VP in New Jersey
Mar 16 2012 // William Gallagher Associates, a Boston-based broker and risk management services provider, hired David Bachrach as senior vice president in the employee benefits practice in the Princeton, N.J., office. David Bachrach...
Millions in U.S. at Risk from Rising Sea Levels: Report
Mar 15 2012 // Sea level rise due to global warming has doubled the annual risk of coastal flooding of historic proportions across widespread areas of the United States, according to a report from the non-profit research group Climate...
Trial Date Set for Former N.J. School Chief Accused of Insurance Fraud
Mar 15 2012 // A federal judge has set an April 9 trial date for a former New Jersey schools superintendent accused of corruption. But a decision on whether Michael Ritacco’s can be tried separately from his co-defendant has been...
Former N.J. Insurance Commissioner Bakke Joins DataCede
Mar 1 2012 // Consulting firm DataCede Companies said former New Jersey Banking and Insurance Commissioner Holly Bakke has joined the firm as managing director of regulatory/runoff consulting practice, based in Princeton, N.J. Holly...
Narragansett Bay Insurance Co. Appoints N.J. Territory Manager
Mar 1 2012 // Rhode Island-based Narragansett Bay Insurance Company appointed industry veteran Lori Pakrul as territory manager of New Jersey, where she will be responsible for the appointment and management of independent insurance...
N.J. Audit Finds State Health Plan Cheaper for Towns
Mar 1 2012 // More than a third of New Jersey counties and towns are wasting millions of dollars on health insurance brokers and premiums when switching to the state’s plan would be cheaper, a new audit has found. The report from...
N.J.-based Prudential Group Insurance Names Chief Information Officer
Feb 28 2012 // Prudential Group Insurance, a unit of Prudential Financial in Newark, N.J., appointed Joseph Hayes vice president, information systems and chief information officer. He will be responsible for group insurance technology...
N.J. Prosecutors: Adjuster Defrauded Insurance Firms
Feb 16 2012 // State prosecutors say a licensed public adjuster in northern New Jersey defrauded clients and insurance companies out of more than $36,000 by billing for repairs that were never done. Sheena Clarke of Englewood faces...
N.J. Regulators Amend PIP Reform Proposals
Feb 6 2012 // New Jersey’s Department of Banking and Insurance has amended some 25 percent of its personal injury protection (PIP) rule proposals, after reviewing and incorporating recommendations from a mountain of public comment...
Six Northeastern States Saw Average Auto Premium Rates Fall, NAIC Says
Feb 6 2012 // Six Northeastern states saw their annual average auto premium fall, according to the latest data from the National Association of Insurance Commissioners. They are: Massachusetts, New Hampshire, Pennsylvania, Rhode Island,...
Diederich Healthcare Expands Med Mal Coverage to New Jersey
Feb 2 2012 // Diederich Healthcare has expanded its coverage area to include physicians practicing in New Jersey. The expansion offers additional coverage options to physicians in the state through Positive Physicians Insurance Exchange...
New Jersey’s New AG Changes Consumer Affairs Enforcement
Jan 31 2012 // New Jersey’s new attorney general is reorganizing the enforcement arm of the state’s Division of Consumer Affairs to crack down on crimes involving prescription drugs. Attorney General Jeffery Chiesa announced...
New Jersey Residents Say Flood Buyout Programs Fall Short
Jan 30 2012 // State and federal programs offer homeowners in North Jersey’s flood-ravaged areas a buyout. But the combination of red tape and limited funding is keeping many from that promise and a fresh start in a new and drier...
N.J. Commissioner Considine to Leave Post, Will Be COO of MagnaCare
Jan 30 2012 // New Jersey Gov. Chris Christie announced this morning that Banking and Insurance Department Commissioner Tom Considine will leave his post on Feb. 10. Tom Considine Considine, who became the Garden State’s top...
