Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
STATE FARM RE-ENTERS N.J.:
Dec 6 2004 // State Farm Indemnity Company and the Department of Banking and Insurance have reached an agreement allowing for the insurer’s re-entry into the New Jersey auto insurance market. Effective Jan. 1, 2005, State Farm...
N.J. TRIES TO BEAT BLACK ICE:
Dec 6 2004 // New Jersey transportation officials are testing a new system aimed at melting black ice, the invisible layer that can send cars spinning without warning on winter nights. A $1.5 million pilot project is being installed on...
N.J. Watches Out for
Dec 6 2004 // Crossing signals that last longer and count down the seconds remaining are among New Jersey’s new efforts aimed at preventing elderly pedestrians from being struck by cars. Other communities are creating safe islands...
AGENT NOW N.J. GOVERNOR:
Dec 6 2004 // Richard J. Codey, long time Democratic legislator and local independent insurance agent in his West Orange community, has become New Jersey’s acting governor. Codey assumed the office from James McGreevey, who...
N.J. Drivers Receive $300 Million in Dividends
Dec 2 2004 // Acting Governor Richard J. Codey and Banking and Insurance Commissioner Holly C. Bakke today announced that nearly $300 million has been returned to more than two million policyholders since the auto insurance reforms...
N.J. Medical Society Goes to Court To Block Recoupment of $15M in Alleged Overpayments
Nov 30 2004 // The Medical Society of New Jersey is seeking court action to prevent an insurance company from recouping $15 million in alleged overpayments to doctors. The society is seeking an injunction against Horizon Blue Cross/Blue...
10,000 N.J. Drivers Opt for Dollar-a-Day
Nov 29 2004 // New Jersey Banking and Insurance Commissioner Holly C. Bakke revealed that more than 10,000 drivers purchased the Dollar-a-Day auto insurance policy during its first year. “Rising sales of the Dollar-a-Day policy,...
N.J. REPAIRS CONTRACTORS' ACT:
Nov 22 2004 // Gov. James McGreevey signed legislation removing “inaccurate and ineffectual” provisions from the Contractor’s Registration Act, one day before the act was set to go into effect on Nov. 9. The move...
N.J. WINS BACK STATE FARM:
Nov 22 2004 // A flurry of special dividends and a series of rate reductions from auto insurers, along with increased competition and new regulations adopted by the New Jersey insurance department, are helping to reshape the...
Former Agent Codey Becomes N.J. Governor
Nov 16 2004 // Richard J. Codey, long time Democratic legislator and local independent insurance agent in his West Orange community, became New Jersey’s acting governor at the stroke of midnight. Codey assumed the office from James...
N.J. Repairs Contractors’ Registration Act
Nov 11 2004 // New Jersey Gov. James McGreevey has signed into law a measure sought by agents and insurers that removes troublesome provisions from the Contractor’s Registration Act. The amendments fix a provision that required...
State Farm Decision to Stay in New Jersey Auto Market Latest Sign of Improved Insurance Environment
Nov 10 2004 // A flurry of special dividends and a series of rate reduction announcements from auto insurers, coupled with increased competition and new regulations adopted by the New Jersey insurance department, are helping to reshape...
N.J. Man Full of ‘Hot Air’ as Proposed Hurricane Product Leads to Fraud Sentence
Nov 5 2004 // A Brick Township, New Jersey man has been sentenced to 30 months in federal prison for committing mail fraud while fraudulently inducing people to invest in his companies that purported to market and sell “hurricane...
Former N.J. Employee at Chiropractic Clinic Sentenced in Insurance Fraud Scheme
Nov 3 2004 // New Jersey Attorney General Peter Harvey announced that a former employee of a defunct Collingswood chiropractic clinic has been sentenced to state prison for his reported role in using stolen police reports to illegally...
N.J. Inquires into Brokers’ Contracts, Commissions
Nov 2 2004 // Continuing New Jersey’s inquiry into recent national allegations of wrongdoing by segments of the insurance industry, Commissioner Holly C. Bakke has issued an order seeking information from major New Jersey brokers....
N.J. Governor-to-be Codey Severs Ties to Insurance Agency to Avoid Any Possible Conflict of Interest
Oct 28 2004 // A retired federal judge will oversee state Senate President Richard J. Codey’s insurance agency during the Essex County Democrat’s tenure as acting governor. Codey signed a blind trust agreement on Oct. 14 that...
Former N.J. Neurologist Gets Jail Time in Fraud Scam
Oct 26 2004 // New Jersey Division of Criminal Justice Director Vaughn McKoy announced that a former Essex County neurologist has been sentenced to six months in county jail for fraudulently billing an insurance company more than $50,000...
N.J. APPROVES MIIX RECEIVERSHIP:
Oct 25 2004 // MIIX Insurance Co., a subsidiary of The MIIX Group in Lawrenceville, N.J., has been placed into receivership. The Superior Court of New Jersey approved the request from the New Jersey Department of Banking and Insurance,...
Former N.J. Carrier Employee Sentenced
Oct 19 2004 // New Jersey’s Division of Criminal Justice Director Vaughn McKoy announced that a former Middlesex County insurance carrier employee has been sentenced to prison for reportedly falsifying overtime records in order to...
N.J. Women Pulled Over in Fraud Scam
Oct 19 2004 // New Jersey’s Division of Criminal Justice Director Vaughn McKoy announced that the Division of Criminal Justice – Office of Insurance Fraud Prosecutor has obtained a State Grand Jury indictment charging an...
