To promote business in the state, the New Jersey Department of Banking and Insurance said it is moving legislation for captive insurers in the state and is introducing legislation to promote growth in the reinsurance market.
After years of robust M&A insurance activity, the number of deals completed in 2009 will probably cause this year's deal totals to be the lowest in several years.
Rash claim decision costs agent $12.6 million Insurance agents and brokers should never make a claims decision. Claims handling is the duty of the insurer's claims staff. When a claim
Program administrators are continuing to attract strategic buyers eyeing the financial benefits of adding niche businesses and focused coverage specialists to their operations in a soft cycle--but the
The measure, which insurance advocates argued would set back auto reform legislation, was pushed by Sen. Nia H. Gill, D-Montclair, who argued the use of such factors in underwriting has a discriminat
The bill up for discussion by the Senate Commerce Committee is sponsored by its chairperson, Sen. Nia H. Gill, D-Montclair. Her spokesman, Vince Matthews said the senator believes the use of education
Industry representatives clashed with each other and consumer groups Monday before a New Jersey legislative hearing considering a ban on job and education status as personal lines underwriting criteri