Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
New Jersey Assembly Panel Advances Distracted Driver Bill
Mar 8 2010 // Police in New Jersey may soon have to note whether a driver was distracted before having an accident. A bill approved by an Assembly committee last week requires officers to check a box describing the type of...
New Jersey Insurance Agent Indicted for Stealing $300K in Premiums
Feb 24 2010 // The former CEO of a now-defunct insurance agency in New Jersey has been indicted for stealing over $300,000 in commercial insurance premiums. Richard Pisacane, former head of Bayonne-based Northern Financial Group, has...
Business Moves
Feb 21 2010 // OneBeacon, Tower Group Massachusetts-based OneBeacon Insurance Group has agreed to sell its personal lines business to Tower Group Inc. in a deal that comprises two affiliate insurers and two reciprocal insurance exchanges...
New Jersey Court: Coffee Break-Injury Gets Full Disability
Feb 7 2010 // A New Jersey plumber who was severely injured while driving to a coffee break can collect full workers’ compensation benefits, a Superior Court has ruled. The decision centers on injuries suffered by Jesse J. Cooper...
Best Comments on Tower Group; OneBeacon Personal Lines Buy Impact
Feb 3 2010 // A.M. Best Co. has commented that the financial strength ratings (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of the New York-based Tower Group Companies, its pooled members and...
New Jersey Court: Coffee Break-Injury Gets Full Disability
Jan 25 2010 // A New Jersey plumber who was severely injured while driving to a coffee break can collect full workers’ compensation benefits, a Superior Court has ruled. The decision centers on injuries suffered by Jesse J. Cooper...
New Jersey Bowling Manager Charged After Rival Lanes Burn
Jan 22 2010 // The manager of a southern New Jersey bowling alley has been charged with arson following a fire that destroyed a popular rival establishment in business for decades. The beloved Loyle Lanes bowling alley burned down last...
Considine Named N.J. Banking and Insurance Commissioner
Jan 19 2010 // Tom Considine has been nominated as New Jersey’s banking and insurance commissioner. Considine, a MetLife vice president, was named to the job by incoming Gov. Chris Christie. Christie praised Considine for his...
Agents’ Disciplinary-Action Bill Signed into Law in New Jersey
Jan 19 2010 // Insurance agents will be required to notify the state if they have been disciplined by any non-governmental regulatory agency under a new law signed yesterday. The new law requires insurance producers licensed in New...
New Jersey Drunken Driver Ignition Lock Bill Approved
Jan 15 2010 // Some first-time drunken drivers will have to install ignition interlock devices under legislation approved by both houses of the New Jersey Legislature. The Assembly and Senate both overwhelmingly passed the bill on...
Four Agents Plead Guilty to Insurance Fraud in New Jersey
Jan 14 2010 // Four former insurance agents have pleaded guilty for their role in a scheme to steal hundreds of thousands of dollars in premiums, New Jersey’s attorney general said. They are Thomas Hurd, of Bensalem, Pa., William...
New Jersey Court Reverses $260K Award to Family of Student
Jan 10 2010 // Fairleigh Dickinson University does not have to pay a $260,000 award to the family of a student who died after drinking heavily and falling from a dorm window four years ago, an appeals court has ruled. Keith Orzech, a...
Pennsylvania Sting Nets 24 Arrests for Auto Insurance Fraud
Jan 10 2010 // Twenty-four people, including 17 New York residents, six from New Jersey and one Pennsylvania resident, have been charged with insurance fraud and other related offenses after falsely claiming to be Pennsylvania residents...
New Jersey Court Expands Sex Discrimination Protection
Jan 8 2010 // A New Jersey appeals court ruling has expanded protections against sexual harassment and discrimination in the workplace. A three-judge panel ruled Wednesday that the female owner of a South Plainfield-based tire business...
Torus Launches New Jersey-Based Renewable Energy Underwriting Unit
Jan 5 2010 // Specialty insurer Torus has hired three New Jersey-based executives to oversee underwriting of primary lines of general liability and auto liability for renewable energy. Angie Adams, Adam Newman and Wayne Jacobson have...
New Jersey Court Reverses $260K Award to Family of Student
Dec 31 2009 // Fairleigh Dickinson University does not have to pay a $260,000 award to the family of a student who died after drinking heavily and falling from a dorm window four years ago, an appeals court ruled Tuesday. Keith Orzech, a...
Pennsylvania Sting Nets 24 Arrests for Auto Insurance Fraud
Dec 30 2009 // Twenty-four people, including 17 New York residents, six from New Jersey and one Pennsylvania resident, have been charged with insurance fraud and other related offenses after falsely claiming to be Pennsylvania residents...
Best Affirms Allstate New Jersey ‘A-‘ Ratings; Outlook Stable
Dec 23 2009 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Allstate New Jersey Insurance Group and its members. The outlook for all...
Marsh & McLennan Agency Buys New Jersey’s NIA Group
Dec 22 2009 // Marsh & McLennan Agency has acquired The NIA Group, one of the largest independent insurance agencies in the Northeast. Terms of the deal were not released. Paramus, New Jersey-based NIA, founded in 1926, has annual...
2009 P/C Insurance Mergers, Acquisitions Large and Small
Dec 20 2009 // Large insurers AIG, Farmers and The Hartford made moves in 2009, as did large brokers Marsh, Aon, Willis, Gallagher, Brown & Brown, Hub and Wells Fargo. So, too, did, many regional insurers and Main Street agencies....
