April 16, 2015
The New Jersey Department of Banking and Insurance announced that starting in June, New Jersey consumers buying or renewing homeowners, condominium, renters, mobile home, or dwelling fire insurance policies will receive a one-page summary of their policy that clearly explains …
October 8, 2014
New Jersey Department of Banking and Insurance Commissioner Ken Kobylowski said that among the 470,281 non-flood, Superstorm Sandy-related homeowners, automobile and commercial claims that were filed in New Jersey, 99.4 percent have now been settled, representing $4.3 billion in payments …
October 30, 2013
A new survey of New Jersey residents who have been displaced from their homes because of Superstorm Sandy shows many of them are not happy with their insurers. The Monmouth University Polling Institute in West Long Branch, N.J., conducted a …
October 28, 2013
New York Governor Andrew Cuomo announced today that his administration has established a new emergency disaster protocol that insurers should expect to follow in the event of future severe storms and other natural disasters. The emergency disaster protocol includes a …
October 25, 2013
For more than a half-century, Whitey’s Landing on New Jersey’s Barnegat Bay has served boaters pulling up for engine repairs or clams from the bait freezer. This season, only one-third of its 30 moorings were leased, and fuel sales were …
October 24, 2013
The Jersey shore’s small vacation bungalows and cottages have for decades staked out little plots of paradise where families who scrimped and saved could while away summer evenings, parents having drinks on the deck and kids working the ice cream …
October 24, 2013
A year after Superstorm Sandy catastrophically flooded hundreds of miles of eastern U.S. coastline, thousands of people still trying to fix their soaked and surf-battered homes are being stymied by bureaucracy, insurance disputes and uncertainty over whether they can even …
October 23, 2013
Nearly a year after Superstorm Sandy, victims of the storm told a New Jersey state panel that insurance woes and bureaucratic red tape are doing just as much damage as the storm. At a New Jersey Senate hearing Monday in …
October 4, 2013
The New Jersey Department of Banking and Insurance recently announced a new data call request to the insurance industry to evaluate Superstorm Sandy-related claims and monitor market conditions for property/casualty insurance in the state. The state’s Department of Banking and …
October 2, 2013
The water came in torrents; the aid is being parceled out drip by drip. That was one of the main complaints voiced Monday by victims of Superstorm Sandy at a legislative hearing in Trenton, New Jersey, on the pace of …