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'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.
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.
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.
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 substantial health care premium hikes for public employees in county, school, and state sectors, reflecting ongoing cost management challenges.
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.
New Jersey uses $625 million from Horizon Blue Cross Blue Shield's corporate conversion to enhance its budget surplus, illustrating the financial impact of insurer regulatory settlements.
New Jersey's low Medicaid reimbursement rates are causing primary care physicians to close practices, limiting healthcare access for low-income patients.
A New Jersey bill aims to expedite access to essential medications for serious mental illnesses by requiring insurers to remove prior authorization and step therapy.
