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.
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