Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
New Jersey’s Residual Property Insurance Plan Raises Rates
Jan 25 2016 // The New Jersey Insurance Underwriting Association (NJIUA), the state’s residual property insurance plan, has received approval from the Department of Banking and Insurance (DOBI) to implement an overall rate increase...
Bicycle Fatalities Jumped in New Jersey in 2015
Jan 20 2016 // Preliminary state police figures indicate that cycling and passenger deaths ballooned, while motorcycle deaths and pedestrian fatalities fell last year in New Jersey. The Record reports cycling deaths jumped 64 percent to...
ProSight Specialty Hires Kenny as Senior Executive in New Jersey
Jan 13 2016 // ProSight Specialty Insurance has hired Kevin Kenny as senior executive, Strategic Initiatives. He is based in ProSight’s Morristown, New Jersey, headquarters office. In his new role, Kenny will oversee the...
New Jersey Gov. Christie Signs Certificates of Insurance Bill
Jan 11 2016 // New Jersey Gov. Chris Christie’s office announced that the governor signed the Certificates of Insurance Act (S-3270/A-4705) into law Monday. The new law will govern the use of certificates of insurance, making it...
Arch Re Expands Underwriting Team in New Jersey
Jan 8 2016 // Arch Reinsurance Company has hired John Willemsen and Bill Hopkins as managing directors for its underwriting team in Morristown, New Jersey. Willemsen joins Arch Re with over 30 years of experience, most recently as head...
New Jersey Announces Approval of New Captive Insurer
Jan 7 2016 // The New Jersey Department of Banking and Insurance has approved a captive insurer formed by the Deborah Heart and Lung Center of Browns Mills, New Jersey. The Department’s Acting Commissioner Richard J. Badolato...
N.J. Insurance Underwriting Association to Implement Rate Increase
Jan 6 2016 // The New Jersey Insurance Underwriting Association (NJIUA), the state’s residual property insurance plan, said it has received approval from the Department of Banking and Insurance to implement an overall rate...
World Insurance Acquires HTK/Hunt Traina Kennard in New Jersey
Jan 5 2016 // World Insurance Associates LLC, an independent agency based in Tinton Falls, New Jersey, announced the acquisition of the HTK/Hunt Traina Kennard Insurance Agency Inc., also based in Tinton Falls. Terms of the transaction...
Small Earthquake Shakes Parts of New Jersey, New York
Jan 4 2016 // Scientists say a small earthquake has hit in northern New Jersey. The U.S. Geological Survey says the magnitude-2.07 quake hit just before 1 a.m. Saturday, Jan. 2, roughly 2 miles northwest of Ringwood, New Jersey....
New Jersey Alerts Consumers to Safety Concerns Over ‘Hoverboards’
Jan 4 2016 // The New Jersey Division of Consumer Affairs alerted consumers that “hoverboards,” one of this past season’s hottest gift items, is being investigated by the U.S. Consumer Product Safety Commission (CPSC)...
Bribery Probe Into N.J. Lab Nets $12M, More Than 2 Dozen Doctors
Dec 29 2015 // An ongoing federal investigation of a New Jersey medical laboratory has netted guilty pleas from more than two dozen doctors, the latest from a physician who admitted taking cash bribes from lab employees. Bret Ostrager,...
N.J. Legislators Approve Bill Preventing Foreclosures for Sandy Victims
Dec 21 2015 // A bill heading to New Jersey Gov. Chris Christie’s desk would prevent mortgage foreclosure for New Jersey homeowners whose houses were damaged by Superstorm Sandy. The bill, which passed the Legislature on Dec. 17,...
People – East
Dec 21 2015 // Markel Corp. in Richmond, Virginia, reported that Thomas S. Gayner, president and chief investment officer, and Richard R. Whitt III, president and co-chief operating officer, will serve as co-chief executive officers of...
Iu Named Acting Insurance Fraud Prosecutor in New Jersey
Dec 10 2015 // Christopher Iu New Jersey’s Acting Attorney General John J. Hoffman announced the appointment of Christopher Iu to be the state’s acting insurance fraud prosecutor. Iu succeeds Ron Chillemi who is joining law...
Saving Shore Communities a Risky, Expensive Proposition
Dec 9 2015 // The sea is rising. The land is sinking. Entire mid-Atlantic communities are anchored in between, bookended by certain disaster unless a way is found to turn back the tide and save the shore. No one knows how to fix the fix...
N.J. Gov. Signs Spanish-Language Exam Bill
Dec 7 2015 // New Jersey Gov. Chris Christie signed into law A-4144/S-2755 on Nov. 9. The law will take effect on May 7, 2016, 180 days after the governor’s signing. The new law amends the “N.J. Insurance Producer Licensing...
Meeker Sharkey & Hurley Hires Ambrose as Benefits Practice Leader in N.J.
Dec 4 2015 // Meeker Sharkey & Hurley, a Cranford, New Jersey-based provider of employee benefits and insurance services, has hired Richard Ambrose as senior vice president, Employee Benefits Practice leader. In his new role,...
Plymouth Rock Promotes Nisenson to Lead N.J. Prudential Agent Division
Dec 3 2015 // Larry Nisenson Plymouth Rock Assurance has promoted Larry Nisenson to president of the Plymouth Rock Prudential Agent Division. He is based in Red Bank, New Jersey. Plymouth Rock’s Prudential Agent Division supports...
Doctor Sentenced to Prison in New Jersey Lab Referral Scheme
Nov 24 2015 // A Long Island, New York, doctor has been sentenced to prison for his role in a bribery scheme involving a New Jersey lab. A federal judge in Newark, New Jersey, sentenced Brett Halper of Glen Head, New York, to 46 months...
Selective Insurance Announces Officer Appointments in New Jersey
Nov 23 2015 // Selective Insurance Group Inc. in Branchville, New Jersey, announced the following appointments by its subsidiary, Selective Insurance Company of America. Jamie Beal to assistant vice president, director of Communications....
