Tag: New Jersey

Congress Faces Deadline to Extend Health Insurance Subsidies Amid Premium Spike Risks

Congress must act to extend Affordable Care Act tax subsidies to prevent sharp premium increases in 2026, impacting millions including over 500,000 in New Jersey. Bipartisan efforts seek temporary relief amid ongoing legislative debate.

NJ Bill Pushes Mandatory Appraisal Rights in Auto Insurance Policies

New Jersey Assembly Bill 6106 proposes mandatory appraisal provisions in auto insurance policies, enhancing consumer rights and dispute resolution options for claim settlements. The legislation also extends appraisal rights to third-party claimants, a rare feature boosting protections for non-fault drivers and repair shops alike.

New Jersey Bills Seek Mandatory Auto Insurance Appraisal Rights

New Jersey introduces bills requiring auto insurers to include appraisal rights in policies, enhancing dispute resolution for claim settlements and protecting consumers and repair shops.

Trucordia Expands Northeast Presence with Osborn Insurance Acquisition

Trucordia strengthens its Northeast U.S. insurance market position by acquiring Osborn Insurance in New Jersey, complementing recent Massachusetts acquisitions. This expansion enhances its offerings in personal and commercial insurance with a client-focused approach.

New Jersey Bill Proposes Mandatory Auto Insurance Appraisal Provisions

New Jersey's proposed Assembly Bill No. 6106 mandates appraisal provisions in auto insurance policies, setting structured dispute resolution for claims and settlements, effective 90 days post-enactment.

Northern New Jersey Traffic Delays from Accidents and Infrastructure Projects

Traffic delays in Northern New Jersey are worsening due to vehicle crashes and extensive roadway construction projects affecting key highways and bridges. Commuters face extended travel times and lane closures through 2026.

NJ Insurance Claims Guidance for Flood Damage After July 2024 Storms

New Jersey's Department of Banking and Insurance offers detailed guidance on filing flood and storm damage insurance claims following the July 2024 severe weather, highlighting coverage nuances and claims procedures.

NJ Flash Floods Trigger Surge in Insurance Claims Amid Rising Premiums

New Jersey flash flooding leads to a surge in homeowners insurance claims and rising premiums, with increased policy non-renewals impacting flood-prone areas.

New Jersey Proposes Major Health Care Premium Increases for Public Employees

New Jersey proposes substantial health care premium hikes for public employees in county, school, and state sectors, reflecting ongoing cost management challenges.

NJ Faces $3.6B Medicaid Funding Loss Under GOP-Led Federal Cuts

New Jersey's Medicaid program faces a $3.6 billion loss in federal funding under GOP legislation proposing major cuts, work requirements, and reduced ACA subsidies, impacting coverage and costs statewide.