The U.S. District Court, District of New Jersey held in the case of Harford Mutual Insurance Co. v. Z&D Realty LLC that insurance companies do not have an obligation to investigate whether insurance applicants were truthful on the applications and that...
Legislation that will require owners of handguns who carry in public to purchase liability insurance has been signed into the law. As previously reported, the Legislature worked quickly to pass this new law, P.L. 2022, C.131. Originally, the legislation was introduced...
The Supreme Court of New Jersey issued an opinion last month that directly impacts the way insurance producers must handle workers’ compensation for limited liability companies. The court held in the case of Holm v. Purdy that insurance producers have an ongoing duty...
Representatives of PIANJ gave testimony before the New Jersey state Assembly Financial Institutions and Insurance Committee on Monday in support of legislation (A-1761) that would prohibit the use of most "step-down" provisions in personal automobile insurance...
Across the country, the insurance-buying public has seen sharp premium increases when their homeowners and automobile insurance policies are being renewed. In many cases, premiums are outpacing claims and expenses, as well as rising higher than inflation. The rules...
A bill (A-4769) that would require any person in New Jersey who carries a handgun in public, to maintain liability insurance coverage passed the New Jersey state Assembly (43-29-1) earlier this month. According to the bill, the policy must provide coverage for loss...
The New Jersey Compensation Rating and Inspection Bureau received approval from the Department of Banking and Insurance for a rate revision of -6.1% to become effective Jan. 1, 2023, applicable to new and renewal policies. The NJCRIB distributed Circular Letter No....
Legislation that would increase minimum personal injury protection coverage, was introduced in the state Senate on Oct. 31. This legislation (S-3266) is the latest in a long line of bills to address auto insurance coverage limits that have been introduced this...
PIANJ-supported legislation, S-3239, that would create a safe harbor for insurance producers and carriers who do business with cannabis-related business was introduced in the state Senate. What does the legislation do? This legislation, sponsored by Sen. Joseph...
Legislation was introduced in the New Jersey Legislature this month that would require certain gunowners to carry liability insurance. The bill (A-4769/S-3214) would require any person in the state who carries a handgun in public to maintain liability insurance...