The New Jersey Department of Banking and Insurance News

New Jersey Directs Insurers to Provide Emergency Grace Period Amid COVID-19

The New Jersey Department of Banking and Insurance has directed insurers to provide financial relief to residents and businesses, as they continue to suffer financial hardship due to the COVID-19 pandemic. The guidance issued to regulated entities follows Executive Order …

Lockton Affinity to Pay $1M for Administering Carry Guard Insurance in New Jersey

Lockton Affinity LLC has agreed to pay a $1 million fine as part of a consent order with The New Jersey Department of Banking and Insurance for administering a National Rifle Association-sponsored insurance program in violation of state insurance laws. …

New Jersey Investigating NRA-Sponsored Carry Guard Insurance

The New Jersey Department of Banking and Insurance is investigating the marketing and sale in New Jersey of insurance sponsored by the National Rifle Association for potential violations of state insurance laws. The Department is examining Overland Park, Kansas-based Lockton …