Latest New Jersey Headlines
All the headlines from our New Jersey Topic Page, ordered by recency.
New Jersey Bill Targets Vehicles Registered Out of State
Jul 19 2010 // New Jersey is taking aim at residents who fraudulently register their vehicles or obtain auto insurance in other states. The Assembly recently passed a measure that makes so-called “reverse rate evasion” a form...
Business Moves
Jul 19 2010 // NetComp NetComp Insurance, a newly-formed program manager based in Columbia, S.C., has opened its online program (www.netcompinsurance.com) for small to-mid size workers’ compensation business to all independent...
Insurance Brokers Plead Not Guilty to New Jersey Fraud
Jul 15 2010 // Three insurance brokers from Maryland have pleaded not guilty to charges that they bilked the city of Perth Amboy, N.J., out of more than $216,000 by collecting payments for a nonexistent wellness program for city...
New Jersey Supreme Court: Insurer Must Defend in House Guest Overdose
Jul 8 2010 // An insurance company must defend a homeowner who was sued after a woman overdosed on drugs at a house party he held, the New Jersey Supreme Court has ruled. This week’s ruling written by Justice Helen E. Hoens...
New Jersey Bill Targets Vehicles Registered Out of State
Jul 6 2010 // New Jersey is taking aim at residents who fraudulently register their vehicles or obtain auto insurance in other states. The Assembly recently passed a measure that makes so-called “reverse rate evasion” a form...
New Jersey to Cease Printing Agents’ and Adjusters’ Licenses
Jul 5 2010 // Print it yourself. That’s what New Jersey’s insurance regulator is telling insurance agents about their insurance licenses. The department has issued a new bulletin advising agents and public adjusters in the...
People
Jul 5 2010 // The Excess Line Association of New York has appointed Jasmin Chen Johnson as financial director. She will be responsible for conducting financial analysis, review and monitoring of all New York-eligible excess line...
Tower Completes Acquisition of OneBeacon’s Personal Lines Business
Jul 1 2010 // Tower Group Inc. has completed its acquisition of the personal lines business of OneBeacon Insurance Group for $167 million. The completed transaction includes the acquisition by Towers of Massachusetts Homeland Insurance...
New Jersey Agent Allegedly Made Up Company, Kept Premiums
Jul 1 2010 // A New Jersey grand jury has indicted a Burlington County insurance agent for pocketing payments from three clients, according to Attorney General Paula T. Dow. Lee Schaffer, of Marlton, was charged with insurance fraud,...
New Jersey to Cease Printing Agents’ Licenses
Jun 30 2010 // Print it yourself. That’s what New Jersey’s insurance regulator is telling insurance agents about their insurance licenses. The department issued a new bulletin advising agents and public adjusters in the state...
Romano Joins Integro in New Jersey
Jun 22 2010 // New York-based brokerage and risk management firm Integro appointed Jennifer Romano as managing principal, based in New Jersey. She will manage complex placements and risk consulting services for healthcare clients...
New Jersey Agents’ Group Elects New President
Jun 15 2010 // The Professional Insurance Agents of New Jersey elected Donna M. Cunningham as the trade group’s president. Cunningham has served as vice president, secretary and treasurer for the group. She is also president of...
Best Upgrades Travelers Group Issuer Credit Ratings; Revises Outlook
Jun 9 2010 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and...
People
Jun 7 2010 // Wholesaler Crump Insurance promoted Kevin Hahn to executive vice president. As head of New York brokerage operations, Hahn will oversee Crump’s offices in Long Island and New York, and its environmental practice. XL...
New Jersey Jury Awards Doctor $7M in Personal Injury Case
Jun 3 2010 // A New Jersey jury has awarded $7.2 million to a doctor who sued the Port Authority of New York and New Jersey after she fell and broke her elbow at a North Jersey rail station. Lawyers for Soma Mandal of Jersey City said...
New Jersey Airport Not Liable for Plane Damaged by Car
May 28 2010 // An aviation firm that parks planes at an airport in New Jersey is not liable for damages to an aircraft struck by the car of sleeping driver, a state appeals court has ruled. The suit stemmed from a 2006 incident at...
Lynkins to Head Insurance Council of New Jersey
May 25 2010 // Deana Lykins has been named president of the Insurance Council of New Jersey (ICNJ), the a trade association for the state’s property/casualty insurance industry. As president, Lykins will oversee the operations of...
New Jersey’s NIA Group Adds Three Producers
May 21 2010 // New Jersey-based NIA Group, part of Marsh Agency, has hired three new insurance producers in its Mount Laurel, Paramus and Somerset offices. Derek Kimmel, who joins the Mount Laurel office, has broad experience in employee...
Few New Jersey Teens Are Complying with New Driver-Decal Law, State Says
May 17 2010 // Few New Jersey teen drivers are complying with the nation’s first law that requires them to display decals on their license plates. Fewer than one in four had purchased the decals when the new law went into effect...
Ratings: Partners Mutual, Farmers (NJ), Premier Group, United Farm Indiana, Real State, Kansas Med Mutual
May 13 2010 // A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” of Wisconsin-based Partners Mutual...
