Latest New Jersey Headlines

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

Hartford Sues NJ Auto Fraud Ring

Jan 15 2002 // The Hartford has filed a civil action in Morris County State Court against 27 New Jersey residents, charging that they conspired to stage motor vehicle accidents and fake injuries to generate hundreds of thousands of...

To Sell or Not to Sell: Bank-Owned Insurance Agencies My Be Wave of the Future

Jan 14 2002 // As far back as anyone now in the insurance business can remember, agents were fighting against allowing banks to sell insurance. That changed in 1996 when the U.S. Supreme Court decided that national banks selling...

To Sell or Not to Sell,Bank-Owned Insurance Agencies May Be Wave of the Future

Jan 14 2002 // As far back as anyone now in the insurance business can remember, agents were fighting against allowing banks to sell insurance. That changed in 1996 when the U.S. Supreme Court decided that national banks selling...

ProMutual Opens NJ Claims Office

Jan 8 2002 // ProMutual Group, a leading provider of medical malpractice insurance in New England, announced that it has opened a local claims office in Morristown, New Jersey, headed by Cheryl M. DeKleine. Richard W. Brewer, president...

AIIC NJ, Regulators Reach Compromise, Withdrawal Plan Suspended

Dec 20 2001 // American International Insurance Company of New Jersey (AIIC NJ), a subsidiary of American International Group, announced that it has reached an agreement with the State of New Jersey Department of Banking and Insurance...

Top 10 Stories of 2001

Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...

Preserver’s Motor Club Relieved of Compliance with NJ Assigned Risk Laws

Dec 10 2001 // The Preserver Group, which operates New Jersey insurer Motor Club of America, announced that the State’s Department of Banking and Insurance had granted the company’s request for further relief from the...

Liberty NJ Auto Rate Increase Approved, Best Downgrades State Farm Indemnity

Nov 21 2001 // The ongoing battle between New Jersey’s automobile insurers and the State’s politicians and regulators recorded two new developments yesterday with the announcement that Liberty Mutual Fire Co. and its...

Preserver Posts 3Q, Nine Month Loss; Notes Improvement in NJ Auto

Nov 15 2001 // New Jersey-based Preserver Group announced a third quarter net after tax loss of $199,860, and a nine month net after tax loss of $306,247, even as it noted that its operations in the State’s private passenger...

NJ Allows State Farm 7% Rate Raise

Nov 12 2001 // New Jersey’s Department of Banking and Insurance reached a compromise agreement with State Farm Indemnity, the State’s largest automobile insurer, which will permit it to raise premiums by 7 percent overall;...

Arthur J. Gallagher Acquires NJ, DC Brokers

Nov 9 2001 // Arthur J. Gallagher has added three new brokers to its recent list of acquisitions, taking control of Cashan & Company of Hammonton, New Jersey; Hartstein Associates, Inc. of Warren, New Jersey, and Washington...

IIAA Announces 2002 National Executive Committee

Nov 2 2001 // The Independent Insurance Agents of America (IIAA) confirmed Thomas B. Ahart, as president; installed W. Cloyce Anders and Louise “Bebe” Canter to key executive leadership positions and added Alex Soto, ARM,...

NY, NJ Agents Offer Halloween Safety Tips

Oct 31 2001 // The presidents of the Professional Insurance Agents of New York (PIANY) and of New Jersey (PIANJ), John Bailey and Steve Reichman, have both issued warnings to parents to observe certain basic safety rules for their trick...

NY, NJ Agents Offer Winter Safety Tips

Oct 23 2001 // The presidents of the Professional Insurance Agents of New York (PIANY) and of New Jersey (PIANJ), John Bailey and Steve Reichman, have issued bulletins warning consumers of potential fire hazards, and offering safety tips...

NJ Insurance Commissioner Approves Prudential Demutualization Plan

Oct 16 2001 // New Jersey’s Commissioner of Banking and Insurance

AAA Gives Traffic Safety Awards to NYC, NY, NJ Communities

Oct 9 2001 // The American Automobile Association has recognized the traffic safety efforts of a number of communities across the country. Locally it cited New York City, White Plains and Garden City, as well as New Jersey’s...

STATE FARM’S EXIT SLOWED

Sep 30 2001 // New Jersey’s Department of Banking and Insurance is seeking to prolong the state’s largest automobile insurer’s presence in order to give State Farm’s 800,000-plus customers time to find alternative...

St. Paul Re’s New York Operations Continue from Morristown, N.J.

Sep 18 2001 // The New York City operations of the reinsurer St. Paul Re — based at 195 Broadway, one block from the World Trade Center, and evacuated in the events of Sept. 11 — are continuing from the company’s...

STATE FARM’S EXIT SLOWED

Sep 3 2001 // New Jersey’s Department of Banking and Insurance is seeking to prolong the state’s largest automobile insurer’s presence in order to give State Farm’s 800,000-plus customers time to find alternative...

New Fuel Added to the Fire Over NJ Auto Rates

Aug 28 2001 // The battle over New Jersey’s auto insurance rates and regulations, which began when State Farm Indemnity, the largest writer in the State, announced its intention to withdraw from the market, continues to rage as the...