Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
CAIC Appeals to N.J. Consumers to Push for Auto Reform
Sep 26 2002 // The Coalition for Auto Insurance Competition (CAIC), an organization advocating reforms of New Jersey auto insurance laws, has begun launching television and newspaper ads in an effort to enlist consumer support for its...
AIA: N.J. Auto Crisis Will Persist Despite DOBI Efforts
Sep 17 2002 // The New Jersey Department of Banking and Insurance (DOBI) has devised a program to assist the state’s auto policyholders find new coverage in light of State Farm Indemnity’s pending non-renewal of 4,000 polices...
N.J. Department Approves NIP’s Plan to Form a New Medical Professional Liability Exchange
Sep 12 2002 // The New Jersey Department of Banking and Insurance has approved National Insurance Programs’ (NIP) plan to form the Conventus Inter-Insurance Exchange, a physician owned and governed medical professional liability...
Palisades Acquires N.J. Auto Lines from American Financial, The Hartford
Sep 10 2002 // Subsidiaries of American Financial Group Inc. and The Hartford Financial Services Group Inc. announced transfers of their New Jersey personal auto businesses to units of Palisades. American Financial subsidiary Great...
PIANJ interviews DOBI Commissioner Bakke
Sep 10 2002 // New Jersey Department of Banking and Insurance Commissioner Holly Bakke met with representatives from Professional Insurance Agents of New Jersey Inc. recently to discuss several issues that continue to make headlines...
PIANJ Contracts with New Jersey Skylands
Sep 3 2002 // The Professional Insurance Agents of New Jersey Inc. (PIANJ) and New Jersey Skylands Insurance Association (NJSIA) announced they had entered a contract maintaining agents’ rights relating to NJSIA. Devised by both...
N.J. Banking & Insurance Commissioner Hails Last Chance Program
Sep 3 2002 // New Jersey Banking and Insurance Commissioner Holly Bakke released a statement regarding pending implementation of the state’s “Last Chance” program, which will soon offer uninsured motorists an...
MBS to Continue Writing Med Mal for N.J. Physicians
Aug 29 2002 // MBS Insurance Services, a Denville, N.J.-based agency, announced ProAssurance Corporation would continue underwriting existing medical malpractice insurance in the state through its ProNational Insurance Company...
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...
