New Jersey News

News Briefs

MASSACHUSETTS CAR NAMES COMMERCIAL CARRIERS: Commonwealth Auto Reinsurers has advanced its new commercial auto limited servicing carrier program by selecting...

OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, has named Kevin Rehnberg as senior vice president...

CONN. RESTRICTS CELL PHONES:

Connecticut is slated to become the third state to prohibit drivers from using hand-held phones, under a bill that has...

AIG Downgraded

Standard & Poor’s Ratings Services lowered its long-term counterparty credit and senior debt ratings on American International Group Inc. to...

CLAIM FROM 9-11 OPPOSED:

Responding to a new claim by the Port Authority of New York and New Jersey that it is separately insured...

FRAUD UNIT UNDER SCRUTINY:

New Jersey’s award-winning office created to root out insurance fraud is under scrutiny itself, with the state auditor probing allegations...

Selective Affirmed

A.M. Best Co. affirmed the financial strength rating of “A+” (superior) and assigned issuer credit ratings of “aa-” to Selective...