Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Q&A: A Look at Flood Maps and What They Mean in New Jersey
Apr 15 2013 // Earlier in April, the federal government announced that it would not give grants to repair homes badly damaged by Superstorm Sandy unless the owners agreed to make sure they are in compliance with new advisory flood...
N.J. Transit: Post-Sandy Costs $450M and Still Rising; Federal Funds, Insurance to Cover Losses
Apr 12 2013 // The costs continue to mount for New Jersey Transit in the wake of Superstorm Sandy. At its monthly board meeting Wednesday, the agency approved paying another $28 million to a Canadian company to repair locomotives damaged...
FEMA Has Most New Jersey Flood Insurance Claims Settled
Apr 11 2013 // The Federal Emergency Management Agency says it has settled 96 percent of the post-Superstorm Sandy National Flood Insurance Program claims in New Jersey.A photo of flooded homes in the Mantoloking, N.J., region on Nov. 2,...
Arthur J. Gallagher & Co. Acquires Advanced Benefit Advisors in New Jersey
Apr 8 2013 // Itasca, Ill.-based global insurance broker Arthur J. Gallagher & Co. announced the acquisition of Advanced Benefit Advisors Inc. of Cherry Hill, N.J. Terms of the transaction were not disclosed. Established in 2005,...
New Jersey Chiropractor Sentenced in Insurance Fraud Scheme
Apr 2 2013 // Authorities announced Monday that a central New Jersey chiropractor was sentenced to state prison for fraudulently obtaining more than $650,000 by illegally using “runners” to recruit auto accident patients to...
New Jersey Selects Administrator for Sandy Claims Mediation Program
Apr 1 2013 // Kenneth Kobylowski, commissioner for New Jersey’s Department of Banking and Insurance, announced on March 28 that his department has selected the American Arbitration Association to administer a mediation program for...
U.S. Announces $1.4B in Sandy Transit Aid to New York, New Jersey
Apr 1 2013 // The federal government announced $1.4 billion in aid last Friday, March 29, to transit agencies affected by Superstorm Sandy. Most of the aid announced by U.S. Transportation Secretary Ray LaHood is going to four agencies...
Ratings: Odyssey Re, National Fire, American Safety, N.J. Manufacturers, Blue Whale
Mar 29 2013 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of the Odyssey Reinsurance Group members....
N.J. Gov.: FEMA May Scale Back Hazardous Designations in New Flood Maps
Mar 25 2013 // Since shortly after Superstorm Sandy pummeled the Jersey shore last October, homeowners up and down the coast have agonized over whether to raise their homes to survive future storms.N.J. Gov. Christie speaking at a town...
N.J. Poll: Rules Needed for Rebuilding After Superstorm
Mar 24 2013 // A new poll finds most New Jersey voters surveyed believe the state should impose specific rules on property owners who are rebuilding after Superstorm Sandy.Sandy boardwalk damage in Seaside, N.J., on Oct. 30, 2012. (N.J....
Dunes vs. Property Rights in Storm-Battered New Jersey
Mar 21 2013 // The sand dune that ruined Harvey and Phyllis Karan’s view of the ocean allowed their beachfront home to see another day when Superstorm Sandy’s surge crashed ashore. They still want the $375,000 a court awarded...
N.J. Gov. Christie Seeks $250M to Buy Out Homes in Flood-Prone Areas
Mar 21 2013 // New Jersey Gov. Chris Christie said on Tuesday, March 19, that he is asking the federal government to let the state use $250 million in Sandy aid to help New Jersey buy out homeowners in flood-prone areas, but he does not...
New Maps Put 33K More New Jersey Homes in Flood Zones
Mar 18 2013 // New Jersey’s adoption of expanded flood maps in the wake of Superstorm Sandy has put more than 33,000 additional residential buildings in flood zones, a nearly 15 percent increase.Destroyed homes and washed away...
FEMA: $2.7B Paid Out in New Jersey Flood Insurance Claims Post-Sandy
Mar 15 2013 // The Federal Emergency Management Agency says it has made $2.7 billion in flood insurance payments to New Jersey claimants since Superstorm Sandy hit the state last October. The agency also announced Tuesday that it has...
New Jersey Advocates Criticize Gov. Christie’s Post-Sandy Plan
Mar 15 2013 // An affordable housing advocacy group said Wednesday that New Jersey Gov. Chris Christie has done a good job of describing the problems faced by low-income residents — especially renters — who were hit hard by...
SNL Analysis Highlights Sandy’s Impact on P/C Underwriting Results
Mar 14 2013 // Financial information firm SNL Financial’s preliminary analysis of more than 2,600 individual property/casualty filer’s statutory data illustrates how big of an impact Superstorm Sandy had on the filers’...
Cowles and Connell of New Jersey Appoints Marketing Vice President
Mar 14 2013 // Cowles and Connell of New Jersey has added John Danka as marketing vice president for the New Jersey and Pennsylvania region. Danka’s responsibilities will be to market existing agency partners and to develop new...
N.J. Authorities Form Clearinghouse for Investigating, Prosecuting Sandy Fraud
Mar 12 2013 // New Jersey Attorney General Jeffrey Chiesa announced the creation of a “Statewide Sandy Fraud Working Group” to serve as New Jersey’s clearinghouse for investigations and prosecution of criminal and civil...
N.J. Commissioner Commends Banks for Accelerating Payments of Insurance Proceeds
Mar 12 2013 // New Jersey’s top insurance regulator this week commended the actions of New Jersey community banks, national banks and servicers — including Wells Fargo Bank, JPMorgan Chase, Bank of America, and CitiMortgage....
Conn., N.J. and N.Y. Lawmakers Decry Sandy Cuts
Mar 11 2013 // Three Democratic members of Congress from Connecticut, New Jersey and New York are voicing concerns about automatic federal budget cuts that will trim federal Superstorm Sandy aid. In a conference call on Friday, March 8,...
