Latest New Jersey Headlines

All the headlines from our New Jersey Topic Page, ordered by recency.

AM Best Upgrades Subsidiaries of New Jersey Manufacturers Insurance

Mar 24 2022 // Rating agency AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa” (Superior) from “a” (Excellent) of New Jersey...

Hilb Group Acquires New Jersey’s E.B. Cohen Insurance

Mar 24 2022 // The Hilb Group said it has acquired E.B. Cohen Insurance and Risk Management, expanding the company’s presence in the tri-state area. E.B. Cohen has offices in both Roseland, New Jersey, and New York, New York and...

New York Medical Malpractice Insurer EmPRO to Enter New Jersey

Mar 23 2022 // New York medical malpractice insurer EmPRO Insurance Co., a subsidiary of Physicians’ Reciprocal Insurers, said it is expanding into New Jersey. It has filed to become an admitted insurer in New Jersey and plans to...

Insurance Executive Pattwell Named to Head New Jersey Casino Reinvestment Agency

Mar 21 2022 // Gov. Phil Murphy has named a long-time insurance industry executive to head the state agency helping to redevelop Atlantic City.Sean Pattwell was appointed executive director of the Casino Reinvestment Development...

New Jersey High Court Says Public Has Right to See Internal Report on Police Director

Mar 18 2022 // New Jersey’s Supreme Court has ruled the public has a right to see the internal affairs report from the case of the city of Elizabeth’s former police director, who resigned after an investigation found he used...

New Jersey City Votes to Halt Licenses of Gas Stations Tied to Russia’s Lukoil

Mar 10 2022 // Reflecting growing animosity across the United States toward Russia after its invasion of Ukraine, lawmakers in New Jersey’s largest city have voted to suspend the licenses of gas stations branded with the name of a...

Keystone Adds New Jersey’s Strategic Insurance Partners

Mar 10 2022 // The Pennsylvania-based insurance brokerage platform Keystone Agency Partners (KAP), has acquiredadmin Strategic Insurance Partners (SIP), an independent insurance agency based in Nutley, New Jersey, to its network....

New Jersey Initiates Controlled Burns to Lessen Fire Risk in Pinelands

Mar 7 2022 // New Jersey environmental officials are fighting fire with fire, using so-called “controlled burns” to reduce the risk of future wildfires by burning pine needles, dead leaves and other dry underbrush.Removing...

Court Siding With Merck Over War Exclusion for Cyber Attack a Warning to Insurers

Feb 21 2022 // In January, the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4 billion in damages Merck & Co. said it suffered from a spring 2017 cyber attack known as...

New Jersey Cites 5 Contractors for Employee Misclassification

Feb 17 2022 // The New Jersey Department of Labor and Workforce Development (NJDOL) has issued stop-work orders to five out-of-state contractors – from Florida, Georgia, and North Carolina – who misclassified workers performing...

Jersey DOL Cites 5 Southeast Contractors for Misclassifying Workers

Feb 17 2022 // Contractors based in Florida, North Carolina and Georgia have been ordered to stop work in New Jersey and now face penalties for allegedly misclassifying workers.The New Jersey Department of Labor said it had issued the...

Bus Firm Reaches $20M False Claims Act Settlement With New Jersey Transit

Feb 14 2022 // A bus company accused of overcharging New Jersey Transit for missed trips and over-billing for hours and miles driven will pay more than $20 million to settle a lawsuit brought by the state, the attorney general’s...

Takeaways from Our Conversation on More M&As, Cannabis ‘Frappucinos’ on Tap for 2022

Feb 14 2022 // New Frontier Data, a producer of cannabis research and intelligence, released its “22 for 22 Report,” in January, which imparts a definitive air of optimism mixed with few cautions for the industry posed by...

Reuters Special Report: J&J’s Secret Plan to Limit Payouts to Cancer Claimants

Feb 7 2022 // Johnson & Johnson created a plan last year to limit the financial bleeding from billions of dollars in jury awards to plaintiffs who alleged the company’s Baby Powder and other talc products caused deadly...

Court Siding With Merck Over War Exclusion for Cyber Attack a Warning to Insurers

Feb 4 2022 // Last month the Superior Court of New Jersey ruled insurers cannot use a policy exclusion to avoid covering about $1.4 billion in damages Merck & Co. said it suffered from a spring 2017 cyber attack known as...

Recent Storm Caused More Erosion to New Jersey Beach

Jan 21 2022 // The weekend storm that brought rain and snow to much of New Jersey also caused significant erosion to a Jersey Shore beach that was already in the process of being widened.Now, federal and state officials are trying to...

New Jersey Governor Signs Auto Insurance Bad Faith Bill Into Law

Jan 20 2022 // New Jersey Gov. Phil Murphy has signed into law a bill that proponents have said makes the auto insurance claims process fairer for policyholders and businesses have warned will raise premiums.The New Jersey Insurance Fair...

Doctors, Police Officer Among 13 Indicted in Alleged $100M Auto Insurance Scam

Jan 19 2022 // Federal prosecutors have charged 13 people—including a New York City police officer, an attorney and four physicians—in two indictments that allege they schemed to defraud auto insurers out of $100 million by bribing...

Crews Keep New Jersey Chemical Plant Fire From Spreading

Jan 18 2022 // A dramatic fire near a chemical plant burned through the night and into Saturday in northern New Jersey but led to no evacuation orders or serious injuries — just heavy smoke that was seen and smelled in nearby New York...

New Jersey Bill That Could Recreate Car Insurance Crisis of Early 2000s is Headed for Gov. Murphy’s Desk

Jan 12 2022 // Trial attorneys are on the move. Having won a victory in New York on New Year’s Eve, when Gov. Kathy Hochul signed legislation tipping the balance squarely in the plaintiffs’ favor, trial attorneys now have...