New Jersey News

Proudlove Named VP at Global Aerospace

Global Aerospace Inc. named Christopher Proudlove vice president, manager complex risks. Proudlove, based in New Jersey, joined Global Aerospace in 2005 and has underwritten Global’s general aviation portfolio outside of North America from Global’s Group Headquarters in London. He assumed …

New Jersey Captive Group Appoints Board

The New Jersey Captive Insurance Association (NJCIA) has appointed a seven-member advisory board, which will assist the group in guiding the state’s new captive insurance industry. The board members are Andrew Barile, president of Andrew Barile Consulting Corp. Inc., a …

Core Programs Established in New Jersey

A new program administrator, Core Programs, has launched in New Jersey. The Totowa-based firm, managed by 23-year industry veteran Richard Trezza, will focus on commercial P&C lines. With an operating platform established, Trezza said the company plans to announce its …

Judge Tosses $20M Suit Against Police in Pennsylvania Pursuit Death

A federal judge has tossed a New Jersey man’s suit against a Pennsylvania police department over the 2008 death of his wife in a head-on crash with a suspect being pursued by officers. U.S. District Judge Lawrence Stengel dismissed last …

New Jersey Seeks Premium Refunds for Scrapped Tunnel Project

New Jersey is negotiating to reclaim part of nearly $162 million paid to insure the Hudson River rail tunnel project that Gov. Chris Christie scrapped four months ago. An official says locking in insurance coverage saved taxpayers millions because it …

New Jersey Added 27 Insurers in 2010

New Jersey saw an increase in the number of new insurance companies doing business in the state, and in carriers writing new lines, in 2010, according to state officials. The state insurance department said that last year it admitted 27 …

New Jersey Man Pleads Guilty in Car-Fire Fraud

A New Jersey man has pleaded guilty to torching is aunt’s car so she could collect insurance money — and pay him out of the proceeds for his role in the scheme, prosecutors said. Kristopher Wynder, of Vineland, admitted that …

PIA Names Koetzle as Vice President

PIA Management Services named Christopher Koetzle to the newly created position of vice president for the umbrella corporation that manages Professional Insurance Agents associations in New York, New Jersey, Connecticut and New Hampshire. Koetzle most recently served as vice president …

New Jersey Senate Panel OKs Lower Vehicle Fines

A bill advanced by the Senate Transportation Committee on this week gives some New Jersey drivers a break. The bill reduces the maximum fine for driving without a license, registration or insurance card if the driver can prove he or …

Insurers Laud New Jersey Fraud-Fighting Legislation

The Property Casualty Insurers Association of America (PCI) says it wants New Jersey lawmakers to adopt legislations that would enhance fraud-fighting efforts. The insurers’ trade group, which testified today in support of the bill, says the pending legislation would broaden …