Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
By Dave Thomas
Aug 8 2005 // 87th PGA Championship Tees-Off at Baltusrol in N.J. Needless to say, all eyes surrounding Baltusrol are towards the skies. If the weatherman cooperates, the 87th PGA Championship in Springfield, N.J., could be one for the...
N.Y., Conn., N.J. Agents Pick Best-Performing Insurance Companies
Aug 8 2005 // Asked to evaluate insurers in 16 performance categories, agents in the tri-state region of Connecticut, New York and New Jersey rated 14 insurance companies as overall best performers. The winners, in no particular order,...
N.J. Man Finds Workers’ Comp Fraud Doesn’t Pay
Aug 3 2005 // New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a Gloucester County man has pleaded guilty to theft and falsifying records for fraudulently collecting more than $11,000 in workers’...
AMEX Enters N.J. Auto Insurance Market Via Internet Sales
Aug 1 2005 // AMEX Assurance Company,of the American Express Property Casualty companies, is now writing insurance policies in New Jersey. AMEX is entering the New Jersey market exclusively through the Internet. Its web site is...
N.J.’s Med-Mal Writer MIIX Continues in Runoff Without Guaranty Fund
Jul 21 2005 // New Jersey Banking and Insurance Acting Commissioner Donald Bryan announced that medical malpractice liability insurer MIIX Insurance Company will continue operating in solvent runoff, a financial condition it has operated...
N.J. Approves National Atlantic’s Auto Insurance Loyalty Discount
Jul 20 2005 // Proformance Insurance Company, the largest subsidiary of National Atlantic Holdings Corporation and a domestic New Jersey insurer, today announced that its Loyalty Loss Free Discount Program for its auto insurance...
Insurers Balk about Added Burden as N.J. Gov. Codey Signs Bill Restoring Consumer Advocate Office for 2006
Jul 18 2005 // New Jersey has brought back to life the state’s consumer advocate office that was killed more than 10 years ago. New Jersey Acting Gov. Richard J. Codey recently signed into law a bill that restores the Department of...
MacArthur of York Insurance Services Named N.J. Entrepreneur of Year
Jul 12 2005 // Tom MacArthur, chairman and chief executive officer of York Insurance Services Group, Inc., was named winner of the Ernst & Young Entrepreneur Of The Year 2005 award in the New Jersey region in the business services...
Insurers Balk as N.J. Gov. Codey Signs Bill Restoring Consumer Advocate
Jul 12 2005 // New Jersey Acting Governor Richard J. Codey today signed into law a bill that restores the Department of the Public Advocate as a government watchdog to act on citizen complaints on insurance, utilities and other issues....
N.J. Wife, Husband Charged in Auto PIP Fraud Case
Jul 12 2005 // New Jersey Division of Criminal Justice Director Vaughn McKoy announced that the Office of Insurance Fraud Prosecutor has obtained an indictment charging a Passaic County couple with insurance fraud for their roles in an...
Industry Fears ‘Serious Impact’ on Auto Market of N.J. Court Ruling
Jul 4 2005 // A New Jersey Supreme Court decision handed down last month that eliminates a “serious life impact” test under the auto insurance verbal threshold will dramatically increase automobile insurance losses and rates...
N.J. House Proposing Business Tax for Insurers; PCI Expresses Concerns
Jun 29 2005 // The Property Casualty Insurers Association of America (PCI) said Wednesday it is concerned with the New Jersey Assembly’s consideration of A-4401, legislation to impose a possible corporate business tax on insurers...
N.J. Surplus Lines Board Names Nelson as Executive Director
Jun 22 2005 // The New Jersey Surplus Lines Association board of directors announced the hiring of Vicky Nelson as the association’s new executive director. She replaces Margaret Raphael who officially exited the post in...
News Briefs
Jun 20 2005 // MASSACHUSETTS CAR NAMES COMMERCIAL CARRIERS: Commonwealth Auto Reinsurers has advanced its new commercial auto limited servicing carrier program by selecting the six carriers that will service this residual market business...
New Jersey, Massachusetts Reforms Help Open Up Auto Coverage
Jun 20 2005 // Efforts to improve auto insurance markets in New Jersey and Massachusetts, two of the worst states in which to write auto coverage, have yielded several important conclusions. One of the most important is the realization...
Actuary Calculates High Cost of N.J. ‘Serious Impact’ Auto Ruling
Jun 15 2005 // A New Jersey Supreme Court decision handed down June 14 that eliminates a “serious impact” test under the auto insurance verbal threshold will dramatically increase automobile insurance losses and rates in that...
Insurers Claim N.J. Supreme Court Ruling is Setback for Auto Market
Jun 14 2005 // Insurance companies are blasting a decision by the New Jersey Supreme Court that they say undermines ongoing efforts to revive the private auto insurance market in the state and jeopardizes cost savings promised to...
N.J. Auto Agency Makes Drive for Success in Paterson
Jun 10 2005 // New Jersey Banking and Insurance Acting Commissioner Donald Bryan on Friday pointed to recent auto insurance reforms and a newly competitive marketplace for improving affordability and accessibility of insurance in urban...
Agents in N.J. Better Off Than in Other States, PIA Leader Tells Group
Jun 9 2005 // Newly elected president of the Professional Insurance Agents of New Jersey Inc., John A. Latimer, Esq., told agents they face many challenges in New Jersey in the near and distant future, but that they may be better off...
AUTO INSURANCE SAVINGS TALLIED:
Jun 6 2005 // New Jersey Banking and Insurance Acting Commissioner Donald Bryan recently reported that during the last two years 64 percent of auto insurance policyholders have received rate reductions or special dividends. Since the...
