New Jersey Commissioner of Banking and Insurance Justin Zimmerman has approved a 6.9% statewide average decrease in rates for workers’ compensation and employers’ liability insurance. The new rates will apply to new and renewal policies effective January 1, 2025. The …
New Jersey’s insurance regulator has approved a 3.9% reduction in workers’ compensation and employer liability rates starting January 1, 2024. The approved statewide rate change is based on the latest financial and statistical data reported to the New Jersey Compensation …
Typically, workers who are injured during their commute to work aren’t eligible for workers’ compensation benefits. The New Jersey Supreme Court highlighted an exception to that rule in a unanimous decision Tuesday. The high court held that a pest control …
New Jersey workers’ compensation and employer liability insurance rates will be cut an average 6.1% beginning January 1, 2023. The reduction is more than the 4.7% decrease that industry’s rating bureau had recommended. Insurance Commissioner Marlene Caride revised the figure …
MAPFRE USA Hires Zimmerman to Lead Commercial Lines MAPFRE USA, a leading personal and commercial auto writer and home insurer in Massachusetts, announced that Jesse Zimmerman has joined the leadership team as vice president of commercial lines. Zimmerman will oversee …
Medical payments per workers’ compensation claim in New Jersey were stable from 2010 to 2013, in contrast to rapid growth in the 2008 to 2010 period, according to a recent study by the Workers Compensation Research Institute (WCRI). The report, …
New Jersey’s Compensation Rating and Inspection Bureau said the state’s commissioner of Banking and Insurance has approved a filing providing for no change in the overall level of workers’ compensation and employers liability rates and rating values currently in effect. …
New Jersey’s Compensation Rating and Inspection Bureau announced that the commissioner of banking and insurance has approved a 2.9 percent increase in rates and rating values applicable to New Jersey workers’ compensation and employers liability insurance effective Jan. 1, 2015 …
New Jersey’s Compensation Rating And Inspection Bureau recently announced the state insurance commissioner’s approval for the workers’ compensation average rate increase for next year. New Jersey Banking and Insurance Commissioner Kenneth Kobylowski has approved a 3.6 percent increase in rates …
In New Jersey, a measure that would provide workers’ compensation benefits to spouses of certain deceased fire and police personnel for the entire period of survivorship was signed into law last Thursday. The newly signed law (S-1469/A-2756) allows surviving spouses …
