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TRENTON, N.J., December 4 – A law mandating that independent auto insurance agents give applicants many premium quotations is on its way out. And the insurance agents of the state say its about time.
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TRENTON, N.J., November 26 – As far as Assemblyman Patrick Diegnan (D-Middlesex County) is concerned, the auto insurance identification cards should be the same wallet-size as the drivers licenses and registration cards.
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TRENTON, N.J., November 20 – A special commission on teenage car accidents reported it might call for placing decals on the cars being driven by teenagers with provisional drivers licenses as well as recommending mandatory driver education programs to get a license.
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MAYFIELD VILLAGE, Ohio, November 6 – Independent agents will be able to quote Progressive commercial auto policies using real-time, fully automated online quoting at a dedicated website, ForAgentsOnly.com (FAO).
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TRENTON, N.J., October 29 – New Jersey Manufacturers Insurance Company announced it would return a record breaking special dividend of $132 million to 405,000 auto insurance policyholders this year, and State Farm announced a dividend of $60 million to 300,000 eligible auto policyholders.
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TRENTON, N.J., October 22 – The state could soon have a new car insurance rating territorial map to replace the one that has been used for 60 years, and is a major factor in setting car insurance rates.
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Perhaps some of you viewed GEICOs first two years in our Garden State and thought this insurer would pull out? Well, think again.
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TRENTON, N.J., September 26 – New Jersey still has the highest auto insurance costs in the country, a ranking it wishes would go to some other state.
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TRENTON, N.J., September 9 – At least 9 of every 10 motorists with car insurance in New Jersey have opted to hold down their insurance costs by not suing after a car accident unless the injuries are serious.
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TRENTON, N.J., August 10 – Auto insurance premiums have dropped $68 in the last two years, a result of companies cutting their rates to stay competitive in the New Jersey auto insurance market.
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In this no-fault benefits suit, defendant insurer moved to renew and reargue a prior order granting summary judgment to plaintiffs. In granting plaintiffs summary judgment, the court had held that they had established, prima facie, that their office manager had personally mailed the pertinent no-fault claim forms to defendant and that defendant had failed to deny plaintiffs claims timely. Defendant raised no objection to plaintiffs prima facie case.
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In the four years since the New Jersey Automobile Insurance Competition and Choice Act was signed into law, everyone in the state has had the opportunity to revisit their analyses, polish their crystal balls, and balance their Ouija boards. Some are proudly saying, See? We were right. Others insist that just because the sky hasnt fallen yet doesnt mean it wont. And many have been blindsided by developments that, not having been driven by the new law, almost no one saw coming.
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TRENTON, N.J., May 23 – The five top writers of car insurance are among the companies that have fallen short of writing coverage in the states 28 urban enterprise zones, and have been ordered to meet their quotas by year end.
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American Transit Insurance Company failed to make an appearance in two prior petitions by another insurer to stay UM arbitration. Apparently (it is inferred but not specifically stated in this decision), because American Transit defaulted in those petitions, the court there made a ruling that American Transit owed coverage to its insured. The plaintiff here apparently then sued Americans insured and obtained a judgment on default. Plaintiff then brought this proceeding to enforce the judgment against American Transit.
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TRENTON, N.J., May 14 – Another step was taken on legislation to prevent insurance companies from restricting medical coverage to their employees through the step down procedure allowed in commercial auto insurance policies.
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TRENTON, N.J., May 12 – The state wants to get rid of a four-year-old insurance requirement, called the Insurance Report Card system, because it helped neither the companies nor the policyholders.
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Did you ever notice how some regulators have completely different perspectives? It is the way they approach a question and view it.
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TRENTON, N.J., April 24 – Six car insurance companies lowered their rates and three increased them in the first four months of 2007, according to an analysis by Insurance Advocate of rate filings approved by the state Insurance Department.
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TRENTON, N.J., April 8 – The state Insurance Department is hoping that it can finally adopt a new rating territory map for car insurance this summer now that ISO is reviewing new information on how that new map will look.
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TRENTON, N.J., April 8 – Proposed seven months ago, the new medical fee schedule is still being reviewed by the state Insurance Department with no forecast on when it will be enacted or if it will be amended.
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ALBANY, N.Y., April 5 – Legislation relating to motor vehicle insurance fraud from misrepresenting where a vehicle is garaged and driven has passed the New York State Assembly and has been sent to the Senate Insurance Committee.
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TRENTON, N.J., March 27 " AAA Mid-Atlantic Insurance Company of New Jersey received a qualified victory in the Superior Court of New Jersey Appellate Division on February 16. Although automobile insurers may find drivers involved in one-vehicle accidents that do not involve driver negligence are at-fault, the Department of Banking and Insurance must clearly define the term at-fault in the future.
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This appeal was taken from an order of the Civil Court, Kings County (Milagros A. Matos, J.). The order granted plaintiffs motion for summary judgment to the extent that statutory interest on theclaims shall be calculated pursuant to 11 NYCRR 65.15(h)(1). The Appellate Term reversed and remanded to the court below for a new calculation of interest in accordance with this decision.
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NEW YORK, N.Y., March 13 – 21st Century Insurance Group has been approved to sell auto insurance in New York, according to Acting Insurance Department Superintendent Eric R. Dinallo.
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Showing 1 to 24 of 80 items. Page:
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