Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Business Moves
Sep 19 2011 // OneBeacon, Interboro OneBeacon Insurance Group said it is selling its high risk personal auto insurance business, AutoOne, to Interboro Holdings Inc. of New York. AutoOne, formed in 2001, serves the automobile assigned...
Wells Fargo Insurance Acquires New Jersey-Based Procomp
Sep 16 2011 // Wells Fargo Insurance Services has acquired Procomp Benefit Resources Inc., an employee benefits brokerage and consulting firm based in Hazlet, N.J. Terms of the transaction were not disclosed. The acquisition will allow...
Irene Raises Hurricane Deductible Questions in Hard-Hit Northeast States
Sep 7 2011 // New York and New Jersey regulators said recently that hurricane deductibles should not apply on homeowners’ insurance policies for Irene damages in their states. That’s because Irene was downgraded and...
FEMA Aid Approved for All New Jersey Counties
Sep 7 2011 // All 21 counties in New Jersey have been declared major disaster areas following Hurricane Irene. The designation allows those not eligible for insurance coverage to receive federal funding for repairs and temporary...
People
Sep 5 2011 // David J. Bresnahan has been named president of Lexington Insurance Co., the surplus lines unit of Chartis Insurance. He is succeeding Peter Eastwood, who is moving into his new role as president and chief executive officer...
Vermont, New Jersey, Upstate New York Still Underwater from Irene
Sep 1 2011 // Floodwaters finally started to recede from areas of the U.S. northeast devastated by Hurricane Irene but many communities were still under water Wednesday as relief workers battled cut-off roads and raging rivers to...
FEMA: Almost 230,000 in New Jersey Have Flood Insurance
Sep 1 2011 // As flooding from Hurricane Irene caused heavy damage in New Jersey, federal officials report almost 230,000 property owners in the state have flood insurance. Flooding is not covered by homeowners insurance but by special...
Can Federal Flood Insurance Handle Irene Losses?
Aug 31 2011 // The only thing worse than getting flooded out of your home once is getting flooded out of it twice. Or, for that matter, over and over again. Margaret Wert bought her Wayne, New Jersey house in 1999, relying on assurances...
Irene Blamed for 38 Deaths; $20 Billion Economic Loss; Worst Flooding in Decades
Aug 30 2011 // New Jersey and Vermont struggled with their worst flooding in decades Monday, a day after Hurricane Irene slammed an already soaked U.S. Northeast with torrential rain, dragging away homes and submerging neighborhoods...
New Jersey Suffers Widespread Damage from Irene
Aug 29 2011 // Hurricane Irene swept along the New Jersey shore early Sunday, knocking down trees, leaving thousands of people without electrical power and causing flooding. New Jersey Governor Chris Christie cautioned residents and...
U.S. to Reimburse States for Most of Irene’s Damage
Aug 29 2011 // Hurricane Irene could cost U.S. state and local governments billions of dollars in damages, but funds from the federal government might ultimately cover much of this expense. It is too early to estimate the cost of the...
Irene Floods Northeast; Manhattan Spared Worst
Aug 29 2011 // Hurricane Irene swept through Manhattan Sunday but reserved the worst of its fury for towns and suburbs up and down the northeastern United States, where driving rain and flood tides inundated homes and cut power to...
Irene Damage Assessment Underway; Flood Insurance Losses Could Surge
Aug 28 2011 // Hurricane Irene caused between $200 million and $400 million in insured losses in the Carolinas, catastrophe modeling company EQECAT said Sunday, suggesting the storm may have been far less severe than the insurance...
Hurricane Irene Update: 50 Million People Could Be Affected
Aug 26 2011 // Parts of the southeastern United States were already experiencing dangerous swells and rip tides Thursday as Hurricane Irene exited the Bahamas. On Friday afternoon, ahead of Hurricane Irene’s forecasted arrival in...
Fatal Crash Spotlights New Jersey’s Teen Driving Law
Aug 25 2011 // A New Jersey law barring drivers under 18 from having more than one passenger is in the spotlight after an SUV driven by a 17-year-old and carrying seven teenagers crashed. The driver and three passengers died in last...
Former New Jersey Regulator Joins Board of Community Bank
Aug 23 2011 // A former New Jersey banking and insurance regulator has been named to the North Jersey Community Bancorp board of directors. Steven M. Goldman, who served as commissioner of banking and insurance under Gov. Jon S. Corzine,...
South Jersey Man Sentenced for Filing False Claim
Aug 22 2011 // A Cumberland County man was sentenced for filing a false vehicle theft claim. Casey M. Wendling, 28, of Millville, was sentenced to five years of probation by Superior Court Judge Benjamin Telsey in Cumberland Countyand...
New Jersey Diocese Settles Priest Sex Abuse Case for $1M
Aug 17 2011 // The Diocese of Trenton and lawyers for five men who were abused by a New Jersey priest in the 1970s and 1980s said they have reached a seven-figure settlement. The diocese said allegations against the Rev. Ronald Becker,...
What New Car Insurance Rules Mean for New Jersey
Aug 9 2011 // New Jersey proposed a sweeping overhaul last week to its regulations for the personal injury protection component of auto insurance, hoping to curb rising premiums. The changes affect how and what doctors can bill for...
New Jersey Man Pleads Guilty To Identify Theft Scam
Aug 3 2011 // New Jersey Attorney General Paula T. Dow and Division of Criminal Justice Director Stephen J. Taylor announced that a man from HudsonCounty, N.J. has pleaded guilty to an identity theft scam. According to Acting Insurance...
