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Insurance companies are in a unique and powerful position to influence behaviors.

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In total, the company will not be renewing some 72,000 commercial and personal property policies in the state.

Previously, only the state Department of Banking and Insurance had authority to enforce unfair claims settlement practices in New Jersey.

More than 80% of insurers use cloud infrastructure today compared with just 29% in 2020.

Considering all of the personal identifiable information insurers collect and store, cyber safeguards are imperative.

The decision could have wide-ranging implications for insurance disputes — even those on land.

The order tasks the insurance commissioner with improving the rate approval process, a long-time sticking point with carriers in the state.