Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Alliance Hails NJ Supreme Court Denial of Appeal in James Case; Reaffirms AICRA Threshold
Mar 17 2003 // The Alliance of American Insurers announced its satisfaction in the outcome of a recent decision by the New Jersey Supreme Court to deny certification in James v. Torres. The bulletin noted that the result “will...
PIANJ Issues Open Letter Urging St. Patrick’s Day Demonstrations for Auto Reform
Mar 13 2003 // The Professional Insurance Agents of New Jersey Inc. has joined with the Coalition for Auto Insurance Competition to urge its members to attend a rally in Trenton next Monday, March 17, and to let legislators know their...
NAII Warns that Proposed NJ Arbitration Bill Would Permit Punitive Damages
Mar 13 2003 // The National Association of Independent Insurers has issued a bulletin calling attention to provisions in a pending New Jersey bill dealing with arbitration methods that include a section that would allow arbitrators to...
Coalition Says N.J. Drivers Have Fewer Choices
Feb 27 2003 // New Jersey’s insurance crisis reportedly took yet another turn for the worse Wednesday when the New Jersey Department of Banking and Insurance allowed New Jersey Manufacturers Insurance Group, the state’s...
MIIX Group Reports Q4, Full Year Results
Feb 27 2003 // The New Jersey based MIIX Group, Inc., a provider of medical professional liability insurance services, announced a net operating loss for the fourth quarter ended December 31, 2002, of $63.7 million, or $4.77 per share,...
PIANJ Says Auto Market Problems Stem from Availability
Feb 24 2003 // David Madara, president of the Professional Insurance Agents of New Jersey Inc., told the Assembly Banking and Insurance Committee at the state house in Trenton last week that reforms to New Jersey’s ailing...
Texas Versus New Jersey
Feb 24 2003 // Is Texas the next New Jersey? That was one of the many questions posed about the state by Robert Hartwig, chief economist for the Insurance Information Institute, at the 40th Annual Joe Vincent Management Seminar held by...
AIA Urges N.J. Assembly to Stay Focused on Auto Reform
Feb 21 2003 // The American Insurance Association (AIA) urged the New Jersey General Assembly to remain focused on competition and stabilizing the auto insurance market at an Assembly Banking and Insurance hearing on auto insurance...
The Porch Agency Joins Commerce Insurance Services
Feb 20 2003 // Commerce Insurance Services (CIS), a wholly owned subsidiary of Commerce Bancorp, Inc., has acquired The Porch Agency headquartered in Bridgeton, N.J. Headed by president Joseph Porch, The Porch Agency serves the diverse...
Conventus Commences Open Enrollment to N.J. Physicians
Feb 14 2003 // Conventus Inter-Insurance Exchange, a physician owned and governed medical malpractice insurance company, has commenced a continuous open enrollment policy. The new policy was made possible by the response to the Conventus...
NAII Notes All States Have Addressed Privacy Legislation, While Handful Have Proposals Pending
Feb 11 2003 // Insurance companies with systems in place to meet state and Federal Privacy standards may need to do some “tweaking” down the road to assure continued regulatory compliance, according to the National...
AIA Says Consumer Group Report on N.J. Med-Mal is Misleading
Feb 6 2003 // The American Insurance Association (AIA) said that a “new” study released on Jan. 31, by Americans for Insurance Reform (AIR) outlining supposed reasons for the medical malpractice crisis in New Jersey is...
NJ Doctors Start Slowdown Today to Protest High Med Mal Costs
Feb 3 2003 // Many doctors across New Jersey are expected to join a “slowdown” in providing non-essential medical services, scheduled to begin today, to protest rising medical malpractice premiums, and to dramatize their...
NAII Seeks Clarification in N.J. Abuse Protection Bill
Jan 30 2003 // The National Association of Independent Insurers indicated that certain provisions in New Jersey Assembly Bill 689, designed to protect abuse victims, could actually do further harm by allowing abusive spouses to collect...
MIIX Advantage Raises Money to Support Local Charities
Jan 22 2003 // Employees from New Jersey’s MIIX Advantage™, the newly reorganized operating entity of New Jersey State Medical Underwriters, Inc., one of the state’s principal medical liability insurers, were active in a...
NJ Governor McGreevey Outlines Auto Reform Plans in State Of The State Address
Jan 15 2003 // New Jersey’s Democratic Gov. James McGreevey received plaudits from the insurance industry following his remarks in his “State of the State” address that he would vigorously pursue reforms in the auto...
ACE Contributes $1M to The Salvation Army to Aid N.Y., N.J. Families
Dec 31 2002 // ACE Limited announced that, as a part of their five-year commitment to aid the families of victims of the Sept. 11 tragedy in the United States, the company has chosen The Salvation Army to be the second recipient of...
N.J. Insurance Dept. to Investigate Insurers’ Refusal to Sell Basic Policies
Dec 24 2002 // New Jersey Insurance Commissioner Holly Bakke has ordered an investigation into the refusal of auto insurers to sell the state’s Basic Policy, a low-cost plan mandated by law since 1998. The Commissioner’s...
Coalition Circulates Petition Urging N.J. Auto insurance Reform
Dec 17 2002 // The Coalition For Auto Insurance Competition, an alliance of insurance and other business associations, announced plans to circulate a petition among New Jersey residents urging the state legislature to pass the The New...
Let’s Reform the Texas Insurance Market the Right Way
Dec 16 2002 // Oklahoma Insurance Commis-sioner Carroll Fisher put it best when he recently said, “The best regulator of insurance rates is the consumer. For all the hard work state employees do to regulate insurance companies,...
