Bakke Urges Patience On Auto ReformAtlantic City, N.J.

New Jersey Insurance Commissioner Holly C. Bakke said automobileinsurance reform signed into law last week will not change thestates insurance climate overnight, but that independent agentswill be instrumental in the process of improvement.

Ms. Bakke addressed a group representing the New Jersey YoungInsurance Professionals, part of the annual joint ProfessionalInsurance Agents of New Jersey and New York conference held here.She presented her remarks just hours before Gov. James McGreeveysigned the Automobile Insurance Competition and Choice Act intolaw.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.