In a move to enhance workplace fairness, the New Jersey state General Assembly passed A-5166 on Dec. 21, 2023. Sponsored by Assemblymembers Annette Quijano, D-20; Verlina Reynolds-Jackson, D-15; Craig J. Coughlin, D-19; Paul D. Moriarty, D-4; and co-sponsored by...
N.J.: Trio of insurance-related laws signed
At the end of the 2022-23 legislative session in New Jersey a series of insurance-related bills that will impact personal- and commercial-lines clients were signed into law by Gov. Phil Murphy. These bills range from mandating safety measures in housing construction,...
Understanding insurance requirements for home-elevation contractors in New Jersey
In the world of home renovations, raising a house 10 feet off the ground is no easy task. This ambitious undertaking not only demands expertise in engineering and construction, but it also necessitates strict adherence to insurance regulations—especially in New...
Legislation to combat residential fires passes N.J. Senate
Nearly a decade ago, New Jersey witnessed the inherent dangers posed by rapidly spreading fires—the catastrophic 2015 Avalon Apartment fire in Edgewater, which thankfully caused no injuries or deaths. However, the incident still lingers vividly in the minds of the New...
N.J.: 2024 WC overall rate level decreases 3.9%
The New Jersey Compensation Rating and Inspection Bureau received approval from the Department of Banking and Insurance for a rate revision of -3.9% to become effective Monday, Jan. 1, 2024, applicable to new and renewal policies. The NJCRIB distributed Circular...
PIANJ Golf Classic, PIANJ Women’s Leadership Alliance raises $93,000 for SONJ
PIANJ held its 40th Annual Golf Classic Oct. 2, 2023, to benefit Special Olympics New Jersey, at TPC Jasna Polana, in Princeton, N.J. The PIANJ Golf Classic—in partnership with the PIANJ Women’s Leadership Alliance—was proud to present Special Olympics New Jersey with...
PIANJ representatives meet with DOBI
Representatives of your association traveled to the halls of the Department of Banking and Insurance in Trenton on Oct. 4, 2023, to discuss PIANJ’s legislative and regulatory priorities, as well as advocate for independent insurance producers across the Garden State....
Explainer: New N.J. credit card surcharge law: What it means for agencies
Gov. Phil Murphy signed legislation into law that prohibits businesses, including insurance agencies, from imposing certain surcharges on credit card transactions. What does the new law do? The new law prohibits a business (referred to as “sellers” in the...
ICYMI: DOBI publishes amendments to CE regulations
For the last three years, PIANJ has worked with the Department of Banking and Insurance to add amendments to the state’s insurance regulation to allow insurance producers to carry over continuing-education credits into a new licensing period, and other changes that...
N.J.: ‘Dwelling units’ would be required to have renters insurance if new bill becomes law
New Jersey Assemblymember William B. Sampson IV, D-31, introduced A-5696 on May 18, 2023. This bill would require renters insurance for individuals entering or renewing a lease for a dwelling unit. The legislation defines dwelling unit as any room, or group of rooms,...