Latest NJM Insurance Group Headlines
All the headlines from our NJM Insurance Group Topic Page, ordered by recency.
People – East
Apr 4 2016 // Satellite Agency Network (SAN) Group Inc., an alliance of over 330 independent agencies in the Northeast, has hired Cindy Prouty as regional vice president of eastern Massachusetts. Prouty will be responsible for...
NJM Insurance Hires Marrero as Consumer Safety Administrator
Mar 23 2016 // Violet Marrero NJM Insurance Group, one of New Jersey’s leading automobile insurers, has hired Violet Marrero as its consumer safety administrator. She is based in NJM’s West Trenton, New Jersey, headquarters...
New Jersey Manufacturers Insurance Co. Ratings Downgraded a Notch
Feb 5 2016 // New Jersey Manufacturers Insurance Company’s stellar financial strength rating has been downgraded a notch by A.M. Best, based on concerns about its underwriting and operating performance. The workers’...
NJM, Everett Cash Mutual Join NAMIC’s ‘Century Club’
Sep 24 2013 // The National Association of Mutual Insurance Companies (NAMIC) announced that two Northeast-based member companies, New Jersey Manufacturers Insurance Company and Everett Cash Mutual Insurance Company, will be joining...
Towers Watson Places $60M Cat Bond for New Jersey Manufacturers Insurance
Jul 25 2013 // Towers Watson Capital Markets Inc., a subsidiary of global professional services company Towers Watson, announced it recently arranged a private placement catastrophe bond, Sullivan Re 2013-1, which closed at $60 million....
NJM Donates Driving Simulators to Local New Jersey High Schools
Jun 27 2013 // New Jersey Manufacturers Insurance Company (NJM), the largest insurer of private passenger vehicles in the Garden State, donated driving simulators to 55 New Jersey high schools this month. The insurer said these...
Ratings: Odyssey Re, National Fire, American Safety, N.J. Manufacturers, Blue Whale
Mar 29 2013 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “a+” from “a” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of the Odyssey Reinsurance Group members....
NJM Insurance: Sandy-Related Claims Could Exceed $300M
Dec 6 2012 // With more than 52,000 Sandy-related claims filed to date, New Jersey Manufacturers Insurance Company said it anticipates that payouts to policyholders who have suffered covered losses could exceed $300 million — four...
NJM Insurance Policyholders to Get Dividend Checks
Nov 17 2010 // New Jersey’s largest auto insurer is issuing dividend checks averaging $107 to its policyholders. New Jersey Manufacturers Insurance Company began issuing the checks on Monday. The Ewing-based company says the checks...
NJM Insurance Mails Dividend Checks to N.J. Drivers
Oct 31 2007 // New Jersey residents with auto coverage from New Jersey Manufacturers Insurance Co. will soon be receiving dividend checks worth an average of $327. The Ewing-based company says the checks will be mailed from Nov. 19...
N.J. Drivers Receive $300 Million in Dividends
Dec 2 2004 // Acting Governor Richard J. Codey and Banking and Insurance Commissioner Holly C. Bakke today announced that nearly $300 million has been returned to more than two million policyholders since the auto insurance reforms...
N.J. Insurer Proves Putting Customers First Has Its Own Rewards
May 17 2004 // New Jersey Manufacturers Insurance Group doesn’t advertise, does little self-promotion and tells its employees to put good service above growing the company. There are no fancy corner offices, no posh boxes at sports...
N.J. Governor Again Hails Auto Improvements
Apr 7 2004 // New Jersey Governor James E. McGreevey and Commissioner Holly C. Bakke are celebrating what they say are two milestones on the road to a consumer-directed auto insurance marketplace – more than $100 million returned...
