Latest New Jersey Headlines

All the headlines from our New Jersey Topic Page, ordered by recency.

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...

N.J. Legislature Far Apart on Med-Mal Reforms

Jul 3 2003 // While New Jersey legislators managed to agree on an auto insurance reform package this session, they seem to be as far apart as ever on the adoption of reforms aimed at solving what the state’s doctors and health...

N.J. Hospitals Face Average 2003 Med-Mal Premiums of $1.9 Million

Jun 26 2003 // The New Jersey Hospital Association (HJHA) announced that a survey of premiums for medical malpractice coverage determined that the average quote for 2003 is around $1.9 million, compared to $1.1 million in 2002. The...

PIANJ Commends Senate on Passage of Legislation to Protect Agents’ Books

Jun 25 2003 // The Professional Insurance Agents of New Jersey Inc. commended the State Senate for its unanimous passage of legislation to help to ensure that agents’ ownership and commission rights are continued when an insurance...

IIANJ Urges Companies to Consider N.J. Market Following Auto Reforms

Jun 25 2003 // Leaders of The Independent Insurance Agents of New Jersey, which represents over 700 small businesses in the state, gathered at the New York Hilton on Sunday morning to meet with insurance company executives to discuss the...

N.J. YIP’s Elect Charles J. Caruso as New President

Jun 20 2003 // The New Jersey Young Insurance Professionals elected Charles J. Caruso, CPIA, assistant VP of Herbert L. Jamison & Co. LLC in West Orange, as the association’s new president at their recent meeting, held during...