Latest New Jersey Headlines

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

MIIX Advantage Certified by N.J. Banking and Insurance Department

Aug 27 2002 // MIIX AdvantageT Insurance Company of New Jersey announced the New Jersey Department of Banking and Insurance has granted it a certificate of authority, effectively allowing the company to sell medical professional...

Chubb Hosts Security Seminar for N.J. Police

Aug 26 2002 // The Chubb Group of Insurance Companies announced it has completed a two-day security evaluation seminar for New Jersey police and emergency service officials. The seminar was intended to assist law enforcement and other...

New Jersey Skylands Group Targets Local Auto Market

Aug 7 2002 // OneBeacon Insurance, a wholly owned subsidiary of White Mountains Insurance Group, Ltd. announced the formation of New Jersey Skylands Insurance Group as part of a restructuring of its New Jersey Personal Lines operation....

N.J. Dept. Approves MIIX Advantage

Aug 6 2002 // New Jersey Banking and Insurance Commissioner Holly Bakke issued her conditional approval of MIIX Advantage, a new medical malpractice insurer that will begin writing policies by Sept. 1. “The Department’s...

Ohio Casualty Reports Drop in Net Income for 2ndQ

Aug 2 2002 // Ohio Casualty Corporation, based in Fairfield, Ohio, announced net income of $13.1 million, or $0.21 per share, for the second quarter ended June 30. In the same quarter of 2001, the Corporation reported net income of...

PIANJ Updates N.J. Agency Handbook to Reflect Legislative Changes

Jul 31 2002 // The Professional Insurance Agents of New Jersey Inc. recently updated its agency handbook to reflect the late-breaking changes to the New Jersey Surplus Lines Guaranty Fund. The changes limit the applicability of the fund...

AAI Characterizes NAIC Report on N.Y., N.J. Auto Costs ‘Misleading’

Jul 31 2002 // The National Association of Insurance Commissioners’ (NAIC) state rankings of auto insurance premiums, released last week, is “nothing more than an exercise in irrelevance and a misleading barometer of who pays...

Passengers, Relatives Settle on N.J. Bus Crash

Jul 30 2002 // Both injured passengers and relatives of eight people killed in the Christmas Eve 1998 crash of a casino-bound bus on New Jersey’s Garden State Parkway will split $15 million under a deal that puts to rest 14...

N.J. Appeals Court Upholds Aon Judgment

Jul 29 2002 // Aon Corporation has been ordered to pay $6.1 million to former New York Giants football player Phil McConkey after a New Jersey appeals court ruled that he lost a job he took at another insurance company after his...

NJ DOBI Issues Mold/Fungus Exclusion Guidelines

Jul 12 2002 // The New Jersey Department of Banking and Insurance (DOBI) has issued guidelines for authorized companies concerning exclusions on “Mold/Fungus Coverage for Personal and Commercial Lines.” Commissioner Holly C....

NY, NJ and Conn. Select Candidates for National Customer Service Award

Jul 11 2002 // The Professional Insurance Agents Associations of New York, New Jersey and Connecticut announced that they have selected candidates for the National Customer Service Representative of the Year Award, organized by the...

Coalition Supports Bill to Reform NJ Auto Insurance Regs

Jun 28 2002 // After months of discussion, and a last minute compromise which assured that State Farm will continue in New Jersey’s automobile insurance market for at least the next three years, Legislators have finally introduced...

State Farm Pact “Not Stabilization or Competition” Says PIANJ’s Madara

Jun 27 2002 // Professional Insurance Agents of New Jersey President David J. Madara, CPCU, AAI, took issue with certain aspects of the agreement between New Jersey’s Governor, the Department of Banking and Insurance (DOBI) and...

NJ, State Farm Agree to Delay Withdrawal for 3 Years

Jun 26 2002 // State Farm Indemnity, New Jersey’s largest auto insurer with around 735,000 policyholders, has reached agreement with the governor and the NJ Department of Banking and Insurance (DOBI) to delay its withdrawal from...

NJ YIP’s Fun Run Raises $80,000 for Special Olympics

Jun 18 2002 // The New Jersey Young Insurance Professionals held its annual Fun Run last week during the Professional Insurance Agents of New Jersey Inc.’s annual business conference, raising a record high of nearly $80,000 for...

PIA Panel Gives Views on Hard Market

Jun 17 2002 // The combined meeting of the Professional Insurance Agents of New York and New Jersey, recently held in Atlantic City, heard a number of views from a panel of experts on the current state of the insurance market. The...

NJ Hospitals Call for Med Mal Reform

Jun 14 2002 // Perhaps inspired by the success of their colleagues in neighboring Pennsylvania, the New Jersey Hospital Association (NJHA) issued a call for the reform of the state’s medical malpractice insurance system. “The...

NJ Realtors Ass’n. Joins Auto Insurance Coalition

Jun 13 2002 // New Jersey’s Coalition for Auto Insurance Competition (CAIC) announced that the New Jersey Association of REALTORS® (NJAR), has joined the Coalition in its campaign to reform the state’s auto insurance laws to...

Coryn Mastowski Receives NJ Young Insurance Professionals YIP of the Year Award

Jun 13 2002 // The New Jersey Young Insurance Professionals announced that Coryn Mastowski, CIC, CPIA, is this year’s recipient of the “Young Insurance Professional of the Year” award. Mastowski received the honor which...

PIANJ Elects Officers and Directors

Jun 12 2002 // The Professional Insurance Agents of New Jersey Inc. announced the election of Officers for 2002-2003, and of seven Directors for three year terms. -David J. Madara, CPCU, AAI, of Moorestown was elected president. He is...