Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
N.J. Agents Honor Gilchrest of for Community Volunteer Service
Dec 14 2005 // The Independent Insurance Agents & Brokers of New Jersey recently presented the Richard C. Hardenbergh Community Service Award to Richard J. Gilchrest of the Martin Agency in Toms River, New Jersey. The award,...
Brokers in Pursuit of Professional Liability Coverage
Dec 14 2005 // It happens quite often. An insured is sued and a question is raised as to whether there is insurance coverage for the claim. The insured states that “it thought it had coverage,” and if it does not have...
Progressive Adds Business Auto in N.J.
Dec 12 2005 // The Progressive Group of Insurance Companies is now offering commercial auto insurance to New Jersey business owners. This follows the Oct. 3, 2005 announcement that the Drive Insurance from Progressive and Progressive...
Proformance Insurance, N.J. State Police Note Auto Fraud Case
Dec 8 2005 // In a joint investigation with the New Jersey State Police, the Proformance Insurance Company, a provider of specialized property/casualty insurance products in New Jersey, revealed that one of its auto policyholders had...
NAMIC: Study on Cost Impact of N.J. Court Ruling Shows Legislation Need
Dec 6 2005 // A new actuarial study concluding that a New Jersey Supreme Court ruling will substantially increase costs for drivers that choose no fault coverage shows there is a significant need for legislation to correct the decision,...
People & Places
Dec 5 2005 // Edward Troy GAB Robins, the international claims services firm, announced that Edward G. Troy has been named president and chief executive officer of the GAB Robins Group of Companies. Brandon Hickey Before joining GAB...
People
Dec 4 2005 // GAB Robins, the international claims services firm, announced that Edward G. Troy has been named president and chief executive officer of the GAB Robins Group of Companies. Before joining GAB Robins, Troy served as...
National Atlantic Obtains Regulatory Approval to Assume N.J. Agency Home Business from The Hartford
Nov 30 2005 // National Atlantic Holdings Corp., a provider of specialized property/casualty insurance products and related insurance services in New Jersey, announced that the replacement carrier transaction agreement between its...
N.J. Mom Keeps Auto Theft Scam a Family Affair; Son Also Charged
Nov 16 2005 // New Jersey Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained an indictment charging a Union County mother and son with...
BB&T to Acquire N.J. Investment Firm
Nov 16 2005 // BB&T Corporation in Winston-Salem, N.C. said it would acquire brokerage and investment banking firm Bergen Capital Inc. Bergen Capital will become part of Richmond, Va.-based Scott & Stringfellow, a wholly owned...
N.J. Agents Back Change in Insurers’ Auto Expense Formula
Nov 16 2005 // The Professional Insurance Agents of New Jersey Inc. recently provided comments supporting the New Jersey Department of Banking and Insurance’s proposal to change the method for calculating the maximum allowed...
DVUA of N.J. Appoints Mansfield
Nov 8 2005 // Steven C. Mansfield is the newest member and branch manager of the South Jersey Branch of DVUA of New Jersey, Inc., announced Edward Levy, president and chief executive officer. Mansfield will be responsible for managing...
‘Blind Faith’ Agent on Death Row in N.J. Wins Reprieve
Nov 4 2005 // A federal appeals court threw out a former insurance salesman’s death sentence for arranging his wife’s murder 22 years ago in a case that was the subject of a true-crime book and a TV miniseries. The 3rd U.S....
N.J. Jury Clears Drugmaker Merck In Vioxx Heart Attack Case
Nov 3 2005 // Jurors in New Jersey today said Merck & Co. should not be blamed for the death of a 60-year old Idaho postal worker who suffered a heart attack after taking the company’s Vioxx painkiller. The six men and six...
N.J. Issues First Subsidies to Doctors for Malpractice Premiums
Oct 25 2005 // New Jersey Banking and Insurance Acting Commissioner Donald Bryan announced that the first checks to help doctors pay high malpractice insurance premiums are in the mail. The subsidies are being distributed to eligible...
Harleysville Taps Sarnese for Mid-Atlantic Claims Center in N.J.
Oct 19 2005 // Thomas A. Sarnese has been named assistant vice president of Harleysville Insurance’s Mid-Atlantic claims service center. In this new role, he is responsible for directing all activities of the claims center, which...
Merck Faces Surge of New Vioxx Lawsuits at Filing Deadline
Oct 17 2005 // Eight weeks after a Texas jury handed drug maker Merck & Co. a $253 million verdict in its first Vioxx product liability trial, the number of Vioxx lawsuits is rising like floodwater. More than 1,000 new Vioxx cases...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...
N.D., S.D., Iowa Drivers Enjoy Lowest Auto Premiums: NAIC Report
Oct 17 2005 // Drivers in most of the 12 states that comprise the Midwest region enjoy lower average auto insurance premiums than their counterparts in other regions of the country, according to the most recent study produced by the...
Survey Finds Insurers Appointing N.J. Agents in Record Numbers
Oct 17 2005 // Insurance companies are making new agency appointments in New Jersey in record numbers, reports the Professional Insurance Agents of New Jersey Inc. According to data compiled this summer, at least 10 percent of the...