Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Prudential Buys Naming Rights to N.J. Devils’ Arena
Jan 10 2007 // For a chunk of change, a piece of the rock will be the next home of the New Jersey Devils. Prudential Financial Inc. and the NHL team announced the company will pay $105.3 million over 20 years to call the Devils’...
Business Moves
Jan 7 2007 // Commerce Group, SWICO Enterprises, State-Wide Insurance The Commerce Group Inc., the largest auto insurer in Massachusetts, expects to enter the New York personal lines insurance market in 2007 as part of its plan to...
Parkway Insurance Upgraded After Acquisition by Progressive
Jan 4 2007 // A.M. Best Co. has upgraded the financial strength rating (FSR) to A+ (Superior) from B++ (Good) and the issuer credit rating (ICR) to “aa” from “bbb+” of Parkway Insurance Co. of Bridgewater, N.J....
Burns & Wilcox Adds Bodner to N.J. Staff
Jan 4 2007 // Burns & Wilcox, a Farmington Hills, Mich.-based national specialty insurance wholesaler, underwriter and managing general agent, announced the addition of Michael Bodner, who joins the company’s Parsippany, New...
Geico Gecko Greets N.J. Motorists on Public Road Signs, Toll Plaza
Jan 4 2007 // Geico ads to greet NJ commuters on George Washington Bridge Received by Newsfinder from AP Jan 3, 2007 20:27 Eastern Time Thousands of New Jersey motorists will drive past the Geico gecko next week on their way to New York...
Swett & Crawford Buys N.J. Wholesaler Oxbridge
Jan 3 2007 // Wholesale insurance broker Swett & Crawford has acquired the assets of Oxbridge Insurance Associates, Inc., located in Morristown, New Jersey. The venture marks Swett & Crawford’s first acquisition since...
N.J. Eyes Capping Doctors’ Charges for Auto Accident Patients
Jan 3 2007 // New Jersey regulators are considering limiting how much doctors can charge insurers for treating people injured in vehicle accidents, a move meant to cut prices but one foes argue will make it hard to get medical care. The...
Borden Perlman Insurance in N.J. Adds Cammerzell
Dec 29 2006 // Borden Perlman Insurance in Princeton, N.J., a personal and commercial lines agency, has appointed Sarah Willard Cammerzell to the firm’s personal lines department. Cammerzell will oversee sales and marketing for the...
Commerce Group Entering N.Y., N.J. Personal Lines Markets Via State-Wide
Dec 27 2006 // The Commerce Group, Inc., the largest auto insurer in Massachusets, expects to enter the New York personal lines insurance market in 2007. Under the terms of the agreement, ACIC Holding Company, Inc., a subsidiary of...
N.J. Group Working On Mandatory Health Insurance Plan
Dec 26 2006 // New Jersey lawmakers and policy experts are working on a plan to overhaul the state’s health care system that would require all New Jerseyans to carry medical insurance but would keep the policies affordable for...
ALLSTATE: NO NEW RISKS IN CONN., N.J. AND DEL.
Dec 25 2006 // Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The...
Allstate: no new risksin Conn., N.J. and Del.
Dec 24 2006 // Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The...
N.Y.-N.J. Ports Panel Urges Nationwide Cargo Standards, Security Czar
Dec 22 2006 // A port security task force this week urged that the nation adopt mandatory security standards for cargo and that the president appoint a port security czar to coordinate the federal agencies that oversee the nation’s...
For regional carriers, predictive modeling is about more than pricing
Dec 11 2006 // Frank J. Coyne, chief executive officer of Insurance Services Office, recently warned that insurers unable to keep up in the technological arms race face a grim prognosis. The industry leader said a chasm is growing...
Allstate to Halt New Property Business in Conn., N.J. and Del.
Dec 8 2006 // Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The...
Little Rate Relief Found First Year After N.J. Auto Reforms
Dec 4 2006 // A year after New Jersey enacted auto insurance regulation changes meant to reduce rates, state residents were still paying through the nose, according to the latest survey compiled by the National Association of Insurance...
Skylands Gives N.J. Mass Transit Riders a Car Insurance Break
Nov 29 2006 // New Jersey Skylands Insurance Companies has unveiled a promotion that highlights what it says is a first-of-a-kind discount for New Jersey drivers who regularly commute to work via mass transit — a rate discount of...
DiMasi Joins Hanson & Ryan Agency in N.J.
Nov 28 2006 // Hanson and Ryan, Inc. in Totowa, N.J. has hired Jennifer Stalgaitis-DiMasi as an account executive. DiMasi will specialize in risk management for the agency’s business clientele, focusing on small and medium size...
N.J. Indicts Pa. Man for Alleged Role in ‘Give Up’ Auto Fraud
Nov 9 2006 // A Pennsylvania man has been indicted for his alleged role in an auto theft and insurance fraud ring in New jersey, accrding to state officials. New Jersey Attorney General Stuart Rabner and Division of Criminal Justice...
Study Identifies High Costs of Doing Business in Mass.
Oct 30 2006 // A new study by a Boston-based think tank shows that Massachusetts firms in nine selected industries including financial services have costs that are on average 20 percent to 30 percent higher than similar companies in...
