Auto Insurance

Showing 25 to 48 of 80 items.  Page: < 1 2 3 4 >

Insurers Push for No-Fault Sunset

TALLAHASSEE, Fla., March 13 – Insurance associations are pushing the Florida Legislature to allow the states no-fault system to sunset, contending that fraud and abuse have rendered the system unworkable.

Legislators Introduce Bill to Oppose Med Fee Schedule

TRENTON, N.J., February 11 – Two key legislators are attempting to torpedo the new proposed medical fee schedule being drafted by the Insurance Department.

Legislation Would Allow Insurers to Waive Auto Inspection Requirement

ALBANY, N.Y., February 2 – A bill allowing auto insurers to waive the requirement to inspect a motor vehicle prior to issuing a policy under certain conditions was introduced by State Senator William J. Larkin, Jr. (R/C-Orange).

Corzine Extends UEZ Program

TRENTON, N.J., February 1 – Governor Jon Corzine extended the states automobile insurance Urban Enterprise Zone program until April 1, 2009.

Rear-End Collision Does Not Necessarily Mean Liability For the Rear Driver

In this personal injury action, plaintiff was in a two-vehicle collision that occurred on June 8, 2004. Plaintiffs moved for partial summary judgment on the issue of liability only. The motion was supported by an affidavit from plaintiff Cesar Molina, who averred that he was driving his vehicle on June 8, 2004, and had brought it to a complete stop on Route 303, due to a red traffic light, and so as to permit another vehicle to merge onto Route 303. Approximately fiveseconds after stopping, his vehicle was rear-ended by defendants vehicle. Based upon these circumstances, plaintiffs claimed they were entitled to judgment on the liability as a matter of law.

Off the Radar: The Troubled PMV Guaranty Fund

Weve all seen the movie. It might have been a World War II film, or a disaster picture, or even a sci-fi flick. The scanner sweeps clockwise around the glowing green radar screen, as air-traffic controllers intently track tiny blips of light. A new blip appears, large and traveling fast right on collision course with several other blips. Alarms go off, controllers scramble to bark out instructions. But theres a hurricane in Florida, and a blizzard in Denver, and JFK is fogged in. And while the controllers are rerouting various flights, the new blip fades from notice.

GEICO GWB Ad Campaign Ends Before it Begins

TRENTON, N.J., January 10 – They threw GEICOs gecko off the George Washington Bridge the other day.

Department Considers Exchange to Control Costs in Urban Zones

TRENTON, N.J., January 8 – The Insurance Department is proposing the creation of a special insurance exchange to keep car insurance rates from skyrocketing in the urban enterprise zones when a new rating territory map is approved later this year.

Insurers, Doctors Face Off Over Med Fee Schedule

TRENTON, NJ. , January 7 – The first steps in enacting a new auto insurance medical fee schedule have been taken, but the battle is far from over as insurance companies say the fees proposed are too much, while doctors who receive the payments say they are not enough.

'Qualifying' is Condition Precedent to MVAICs Duty to Pay/Deny Claim

Jonathan Laul was allegedly a passenger in a motor vehicle owned by Crescencio Canela Company on October 11, 2000, the date of loss. On January 17, 2006 this action was commenced to recover $3,602 in unpaid medical bills. Plaintiff alleged that it rendered services to Laul on various dates in October, November, and December of 2000, and January and February of 2001, and that it timely submitted bills and claims to MVAIC, and those claims were neither timely paid nor denied.

Despite Reform, Higher Rates

For several years, I have heard legislators, lobbyists, and regulators tell me that New Jersey auto insurance rates are dropping. I am sure every one of you has heard the same rhetoric. Well, according to the National Association of Insurance Commissioners (NAIC), all those smart folks are wrong. Private passenger auto rates did not go down, instead they went up.

License Suspensions Eased Under Senate Bills

TRENTON, N.J., December 13 – The State Senate passed six bills dealing with easing up on suspensions of drivers licenses, including one that would lower penalties for driving without liability insurance coverage.

Thompson Report Assails Unconscionable Auto Insurance Profits

ALBANY, N.Y., November 29 – Auto insurance companies are profiting at unprecedented levels from New York drivers who are spending more on insurance premiums while the industry pays out less in claims, according to a new report by New York City Comptroller William C. Thompson, Jr.

Bill Proposed to Prohibit Step-Down Provisions in Employer Auto Policies

TRENTON, N.J., November 28 – The New Jersey Insurance Council, representing companies writing 90 percent of the car insurance business in the state, is opposing legislation that would prevent businesses from having car insurance policies with lower uninsured or underinsured motorist coverage than offered in personal auto insurance policies.

Second Department: Serious Injury Not Required in UIM Claims

In a surprising decision, the Appellate Division has rewritten the common knowledge of UIM practice by ruling that there is no requirement that a UIM claimant prove that he has suffered a serious injury " even though the regulations say so.

Two Auto Insurers to Issue Dividend Checks

TRENTON, N.J., November 7 – Two of the car insurance giants in New Jersey, State Farm and New Jersey Manufacturers, will be sending dividend checks just before Christmas to 600,000 policyholders, a sure sign that the car insurance business in New Jersey had a good year.

Department Seeks to Alter Filing System for Limited Rate Changes

TRENTON, N.J., November 4 – The state is proposing to change the way insurance companies file for limited rate changes on car insurance policies.

21st Century Insurance Group Enters Auto Market

TRENTON, N.J., October 13 – The 21st Century Insurance Group of California is the latest entry into the New Jersey car insurance market, it was announced by state Insurance Commissioner Steven Goldman.

Legislators Carefully Call Attention to Risk Posed by Older Drivers

NEWARK, N.J., October 12 – Three legislators have warned that senior citizen drivers over 65 may need retesting, limited licenses, and restricted hours of driving time because the number of car accidents involving seniors is rising.

More Broker Questions

Its always a pleasure talking to New Jersey brokers and agents. Not only are the conversations fun, but these phone calls are also educational. Ive received permission to use all of the following questions and answers.

Travelers of N.J. Offers Premium Discount for Hybrids

PARSIPPANY, N.J., September 18 – New Jersey hybrid owners are eligible for a 10 percent discount on auto insurance offered by Travelers of New Jersey.

Circular Letter Issued On Settlement of No-Fault Claims

NEW YORK, N.Y., September 15 – The Insurance Department has reminded insurers that when they enter into an agreement to settle a no-fault claim dispute for a monetary amount, they must itemize the principal and interest components of such amount.

GEICO Pulls Misleading Ad

HARTFORD, Conn., September 15 – GEICO has decided to pull a television advertisement that Attorney General Richard Blumenthal said was false and misleading.

Empire Safety Council:

Illegal premium discounts are being given by insurance companies in New York for online driver safety courses that are not approved by the Department of Motor Vehicles, according to letters written by the Empire Safety Council " a provider of defensive driving courses " to the New York Insurance Department, the New York Attorney Generals Office, and the Department of Motor Vehicles.

Showing 25 to 48 of 80 items.  Page: < 1 2 3 4 >

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