Bakke Urges Patience On Auto Reform Atlantic City, N.J.

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

Ms. Bakke addressed a group representing the New Jersey Young Insurance Professionals, part of the annual joint Professional Insurance Agents of New Jersey and New York conference held here. She presented her remarks just hours before Gov. James McGreevey signed the Automobile Insurance Competition and Choice Act into law.

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