All the headlines from our New Jersey Topic Page, ordered by recency.
Jun 15 2006 // Auto insurance companies that use a person’s education and occupation to set rates are discriminatory and circumvent laws against using race and income to calculate prices, a state senator said this week.After...
Jun 14 2006 // The Professional Insurance Agents of New Jersey Inc. has elected officers for for 2006-2007, with Andrew Anderson of Beach Haven, N.J., being chosen president. He is executive vice president and secretary of the G....
Jun 13 2006 // Insurance industry representatives urged New Jersey lawmakers not to restrict insurers’ use of certain rating variables including occupation and education in the pricing of auto insurance policies, insisting that the...
Jun 8 2006 // New Jersey Assemblyman Mike Panter (D-Monmouth/Mercer) has filed legisaltion to create a premium-funded state pool to cover homeowners’ losses from natural catastrophes.Panter’s bill (A-3236), the New Jersey...
Jun 7 2006 // New Jersey would become one of a handful of states to require that cigarettes sold in-state have extra fire protections built in, under a measure being considered in the Legislature.The proposal — modeled after similar...
Jun 5 2006 // New Jersey drivers are the “clear winners” due to auto insurance reforms enacted by lawmakers in 2003 according to the Property Casualty Insurers Association of America (PCI), which released a report about the...
May 19 2006 // New Jersey’s Supreme Court has unanimously ruled that illegal immigrants injured by uninsured drivers can have medical costs covered by a fund whose money comes from insurance fees.The 7-0 decision by New Jersey...
Apr 27 2006 // A retired steamfitter who claims his asbestos-contaminated work clothes caused his wife’s death can sue Exxon Mobil, owner of a refinery where he worked, New Jersey’s Supreme Court ruled.The oil company should...
Apr 18 2006 // Speaking near a cluster of chemical plants, New Jersey’s two United States senators and its new homeland security director said the state should be able to enact tougher safety standards for chemical facilities than...
Apr 17 2006 // TD Banknorth Inc., headquartered in Portland, Maine, is acquiring Interchange Financial Services Corporation for $480.6 million in an all cash transaction.Headquartered in Saddle Brook, New Jersey, Interchange had $1.6...
Apr 11 2006 // Insurance broker ProTrans Inc., a member of New Jersey-based Capacity Group of Companies, announced an agreement to acquire WSIB Motorsports Insurance of Indianapolis, Ind., effective March 21, 2006. With offices in...
Apr 11 2006 // A New Jersey jury that last week awarded $4.5 million in compensation to a man who suffered a heart condition after long-time use of the painkiller Vioxx has added $9 million in punitive damages.Vioxx-maker Merck &...
Apr 4 2006 // Palisades Safety and Insurance Management Corporation, a New Jersey private passenger automobile insurer, announced that Ed Fernandez has assumed the role of president and CEO, effective immediately. Fernandez succeeds...
Apr 3 2006 // A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers.The Consumer Federation of...
Apr 3 2006 // A U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers.The Consumer Federation of...
Apr 3 2006 // News CurrentsA U.S. consumer group has made claims that Geico Corp. uses rate-making methods that directly base eligibility and premiums solely upon the educational background and occupation of consumers. The Consumer...
Mar 30 2006 // If the plaintiffs in the Vioxx case currently being tried in New Jersey win, the damage awards against Merck & Co. are likely to be modest and not affect the drugmaker’s ability to manage the financial fallout...
Mar 29 2006 // New Jersey Governor Jon S. Corzine administered the oath of office on March 24 to the new Commissioner of the Department of Banking and Insurance Steven M. Goldman. Corzine named Goldman to the cabinet post on January 31....
Mar 20 2006 // In the Northeastern and Atlantic states, elected politicians are in the thick of deciding on legislation that could affect insurers, insurance agents and their insureds.New Jersey lawmakers are considering restoring...
Mar 14 2006 // The New Jersey Supreme Court has set an easier standard of proof for an insurance company suing an insured for fraud than a lower court had required.Instead of proving fraud by “clear and convincing evidence,”...