Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
Insurer Reports Sandy Flood Claims Resolving Quickly
Feb 14 2013 // A bulletin by the National Flood Insurance Program helped spur quicker processing of Sandy flood-related claims. Prior to the bulletin, claims were adjusted according to the policy and guidelines established by the Federal...
Lots of Snow but Not Many Power Failures in New Jersey
Feb 12 2013 // New Jersey residents with fresh memories of Superstorm Sandy’s devastation and disruptions woke up last Saturday morning to a blanket of snow from a storm that carried dire predictions but, in comparison, did not...
N.Y.-N.J. Port Authority: Sandy Caused $2B in Damage
Feb 11 2013 // The Port Authority of New York and New Jersey will spend more than $2 billion to repair damage from Superstorm Sandy, but the agency’s executive director said last week that the ultimate financial impact should be...
Aon Risk Solutions Names Resident Managing Director in New Jersey
Feb 8 2013 // Aon Risk Solutions, the global risk management business of Aon plc, appointed Peter Hutton as resident managing director in the New Jersey office. The office is located in Morristown, N.J.Peter HuttonIn his new role,...
Northeast Braces for Powerful Blizzard
Feb 8 2013 // The northeastern United States braced on Friday morning for a blizzard that could drop up to three feet (nearly one meter) of snow through Saturday and bring travel to a halt. Blizzard warnings were in effect from New...
N.J. Announces New Captive Insurer; 8 Captives Approved Since 2011
Feb 7 2013 // The New Jersey Department of Banking and Insurance announced Wednesday that the department approved Lumerica Insurance Company, a subsidiary of BASF Americas Corporation, to operate as a captive insurer in New Jersey. The...
N.J. Gov. Christie Says Fed Flood Insurance Program Is a ‘Disgrace’
Feb 6 2013 // New Jersey Gov. Chris Christie said Tuesday the National Flood Insurance Program’s handling of claims in New Jersey has been “a disgrace,” complaining that the program has been far too slow to resolve...
A Living, Lurking Threat in Sandy-Hit Homes: Mold
Feb 5 2013 // Esther Tauscher stood outside her Staten Island, N.Y., home, leafing through boxes of family photos that had been steeped in storm water. She paused to point out life events — her honeymoon, holding her baby boy in a...
New Jersey Officials Warn of Storm-Damaged Car Re-Sales
Feb 4 2013 // New Jersey officials are warning would-be car buyers to be careful about buying vehicles that may have been damaged by Superstorm Sandy. The state’s motor vehicle commission has seen a near 6,000 percent increase in...
Senate Passes $50 Billion Sandy Aid Package; Bill Goes to Obama
Jan 28 2013 // A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday, three months after the storm destroyed or damaged hundreds of thousands of homes and businesses in coastal New York,...
PCI Welcomes N.J. Gov.’s Decision to Adopt Tougher Rebuilding Standards
Jan 28 2013 // A national insurance association is applauding New Jersey Gov. Chris Christie’s decision to adopt new advisory flood maps issued last month by the Federal Emergency Management Agency and implement more stringent...
Demand Surge Not An Issue For Sandy; Property Losses Near $19B
Jan 28 2013 // Although demand surge was an issue for the property/casualty industry following a trio of hurricanes in 2005, for Superstorm Sandy the demand-surge impact is minimal so far, an expert said recently. There has only been a...
In N.J., Opponents File Appeal to Stop New PIP Regulations
Jan 28 2013 // In New Jersey, some medical provider groups and trial lawyers are continuing to mount a legal challenge to new motor vehicle personal injury protection (PIP) regulations. On Jan. 3, New Jersey’s Superior Court denied...
N.J.-Based American Collectors Insurance Streamlines Sales Units
Jan 24 2013 // American Collectors Insurance, a Cherry Hill, N.J.-based national provider of insurance for collector vehicles and collectibles, combined its online sales and service department with its phone sales and service department....
N.J.-Based Risk Partners Appoints VP of Business Development
Jan 23 2013 // Risk Partners Inc., a provider of specialty workers’ compensation and auto liability placements and niche program business offerings, named Tripp Craig as its vice president of business development. Craig has over 25...
Superstorm Sandy Challenges Definition of Basement in New Jersey
Jan 21 2013 // Irene Sobolov believes the first floor of her house in Hoboken, N.J., is just that. The federal government and her insurance company say it’s a basement. The semantics, Sobolov has learned, are very...
N.J. Gov. Christie: Congress ‘a Little Late’ With Sandy Aid
Jan 18 2013 // New Jersey Gov. Chris Christie said the Hurricane Sandy aid package Congress approved Tuesday will help expedite rebuilding after the superstorm, but he poked federal lawmakers for being “a little late to the...
N.J. Lawmaker Aims to Classify Reverse Rate Evasion as Insurance Fraud
Jan 17 2013 // The New Jersey Assembly’s financial institutions and insurance committee advanced a bill that would include “reverse rate evasion” as a form of insurance fraud. The bill, A2204 — introduced by the...
N.J. Bill Would Require Homeowners Insurers to Provide Policy Summary
Jan 17 2013 // The New Jersey Assembly’s financial institutions and insurance committee gave approval Monday, Jan. 14, to a recently introduced bill that seeks to make it easier for homeowners to understand what their policy covers...
N.J. Gov. Criticizes Some Oceanfront Property Owners Who Reject Sand Dunes
Jan 16 2013 // The New Jersey shore town of Bradley Beach came through Superstorm Sandy in better shape than many of its neighbors that sustained serious to catastrophic damage from the waves and storm surge.N.J. Gov. Chris Christie...
