Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
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...
NJ Woman Wins Reversal of Allstate Decision
Aug 27 2001 // Allstate New Jersey got one of its good hands slapped by an Administrative judge, who ruled that the company had unfairly forced Jennifer Bencivengo into an assigned risk plan following an accident which wasn’t her...
Politics Can Lead to Bumps in the Road for Auto Insurance
Aug 27 2001 // Overregulation in the auto insurance industry may be an accident that has already happened in some states; but regulators can look to other states as examples of how regulatory requirements can be uniform and yet flexible...
STATE FARM’S EXIT SLOWED
Aug 27 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...
Penna. Ins. Dept. Takes Over PHICO Insurance
Aug 21 2001 // New Jersey’s Department of Banking and Insurance is seeking to prolong the State’s largest automobile insurer’s presence for as long as possible in order to give State Farm’s 800,000 plus customers...
IS AUTO MARKET OVERREGULATED’
Aug 13 2001 // The extensive over-regulation of automobile insurance rates in some states shines a spotlight on the potential benefits of a market-driven approach to oversight, Independent Insurance Agents of America (IIAA)...
IIAA Tells Congress Auto Insurance Over-Regulated in Certain States
Aug 2 2001 // The extensive over-regulation of automobile insurance rates in some states shines a spotlight on the potential benefits of a market-driven approach to oversight, Independent Insurance Agents of America (IIAA)...
TowerStreet Goes Live in New York, New Jersey, Connecticut
Jul 27 2001 // TowerStreet, a leading provider of insurance software and services, announced that its Internet exchange has gone “live” in New York, New Jersey, and Connecticut. SmartWorks™, TowerStreet’s new hosted,...
Auto Market Shrinks in New Jersey as Major Carriers Exit
Jul 16 2001 // First, State Farm Indemnity announced plans to leave New Jersey’s auto insurance market; then it was a subsidiary of American International Group noting similar intentions. Several other companies are now...