Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Ohio Casualty’s Earnings Down $2.1 Million From Year Ago
Aug 8 2003 // Fairfield, Ohio-based carrier Ohio Casualty Corp. announced second-quarter net income of $11 million, or 18 cents per diluted share, down from a year ago’s $13.1 million, or 21 cents per diluted share. The company...
PIANY to Offer CE for N.Y., N.J. Agents at Hudson Valley RAP
Aug 7 2003 // The Professional Insurance Agents of New York State Inc. will hold a course that offers continuing education credits for both New York state and New Jersey independent agents at its first Hudson Valley Regional Awareness...
Former N.J. Resident Sentenced for Insurance Fraud
Aug 4 2003 // Attorney General Peter C. Harvey announced that a former Burlington County, N.J. man has been sentenced for falsely reporting that his automobile had been stolen in order to collect more than $12,000 from an insurance...
Milliman USA Announces New P/C Office in N.J.
Aug 4 2003 // Milliman USA announced that it has opened a new office to provide a full range of services to the property and casualty insurance and re-insurance industries. The new Milliman office will consist of the senior consultants...
PIANJ Golf Classic Celebrates 20 Years, Benefits Special Olympics New Jersey
Aug 1 2003 // For the past 20 years, the Professional Insurance Agents of New Jersey Inc. has hosted its annual PIANJ Golf Classic, which in conjunction with other events including the Fun Run, has raised nearly $1,500,000 for Special...
N.J. Commissioner Calls for Hearing on Availability of Med-Mal Reinsurance
Jul 31 2003 // New Jersey Commissioner Holly Bakke of the Department of Banking and Insurance recently called for a hearing to determine the availability of medical malpractice reinsurance in the New Jersey marketplace. Her announcement...
N.J. Doctor Charged with $48,000 Fraud Theft
Jul 31 2003 // New Jersey Attorney General Peter Harvey announced that an Essex County doctor and his niece have been charged by the Division of Criminal Justice – Office of Insurance Fraud Prosecutor with reportedly falsifying...
Alliance Again Characterizes NAIC Report on N.J. Auto Costs as ‘Misleading’
Jul 30 2003 // The National Association of Insurance Commissioners’ (NAIC) state rankings of auto insurance premiums is “at best a misleading barometer of who pays how much for car insurance in New Jersey,” according to...
Mercury General Corp. Announces Q2 Results
Jul 29 2003 // Los Angeles-based Mercury General Corporation reported that net income was $43.4 million, or $0.80 per share (diluted), in the second quarter 2003 compared with $1.3 million, or $0.02 per share (diluted), in the same...
N.J. Man Sentenced for Receiving Stolen Property
Jul 23 2003 // New Jersey Attorney General Peter Harvey announced that a Passaic County man was sentenced by Union County Superior Court Judge Rudy Coleman on a charge of receiving stolen property for possessing a stolen...
Penn National Hires New Commercial Lines Territory Manager for N.J.
Jul 21 2003 // Penn National Insurance recently hired Bryce Goodwin as its new commercial lines territory manager in northern New Jersey. “Bryce brings more than 25 years of industry expertise and multi-line knowledge to Penn...
N.J. Man Charged with $300,000 Fraud and Theft
Jul 18 2003 // New Jersey Attorney General Peter Harvey announced that a Hudson County businessman has been charged by the Division of Criminal Justice – Office of Insurance Fraud Prosecutor with stealing more than $300,000 in...
N.J. Podiatrist Sentenced for Medicaid Fraud
Jul 17 2003 // New Jersey Attorney General Peter Harvey announced that a former Hudson County podiatrist has been ordered to reimburse the Medicaid Program nearly $6,000 for billing the cost of fraudulently obtained prescription drugs to...
AIG Postpones N.J. Withdrawal Plan in Response to Auto Reforms
Jul 16 2003 // New Jersey Banking and Insurance Commissioner Holly Bakke announced a broad-ranging agreement recently to protect consumer access to automobile insurance in New Jersey, in which subsidiaries of American International Group...
N.J. Father & Son Charged With Fraud
Jul 16 2003 // New Jersey’s Attorney General Peter Harvey announced that a Bergen County father and son – the owner and office manager respectively of a Bergen County dental office – have been charged by the Division of...
N.J. Woman Charged With Using Phony Auto Insurance Card
Jul 15 2003 // New Jersey’s Attorney General Peter Harvey announced that an Essex County woman has been charged by the Division of Criminal Justice – Office of Insurance Fraud Prosecutor with allegedly possessing a...
Real Progress Bodes Well for Regulatory Modernization Efforts
Jul 7 2003 // The issue of state versus federal regulation of insurance provokes strong opinions and divergent points of view among insurers. Yet there is one point on which we all can agree—consumers are best served by a healthy and...
Living in Changing Times
Jul 7 2003 // Go on mass transit in California, walk into a store in Texas, step on a plane nationwide, and you will see two languages displayed in many instances. With an ever-growing Hispanic population across the country, this trend...
N.J. Auto Reforms May Signal Regulatory Climate Change Nationwide
Jul 7 2003 // When Governor James E. McGreevey signed The New Jersey Automobile Insurance Competition and Choice Act (S-63/A-2625), he launched another effort aimed at solving the state’s automobile insurance crisis. This time,...
Real Progress Bodes Well for Regulatory Modernization Efforts
Jul 7 2003 // The issue of state versus federal regulation of insurance provokes strong opinions and divergent points of view among insurers. Yet there is one point on which we all can agree—consumers are best served by a healthy and...
