New Jersey Investigating NRA-Backed Firearms Insurance
New Jersey officials are investigating firearms insurance backed by the National Rifle Association, the Department of Banking and Insurance announced late Tuesday evening.
August 29, 2018
Excess & Surplus Lines
Legislation & Regulation
New Jersey
42 Vehicles Swept Into River, Creating A Dam That Worsened North Jersey Flooding
Too much rain that fell too fast is what led to Saturday’s catastrophic flooding along the Peckman River, officials said. "We figure that as much as 4-and-a-half inches fell within a span 50 minutes," Little Falls Mayor James Damiano said.
August 14, 2018
Auto
Property
New Jersey
Allstate Loses Subrogation Suit Against Amazon Over Product Liability
A federal judge in New Jersey has ruled that Amazon.com can’t be held liable as the seller of a laptop battery that allegedly caught fire and destroyed the customer’s home.
August 1, 2018
Liability
Litigation
Subrogation
New Jersey
School Buses Collide In New Jersey, 23 Children Injured
At least three school buses collided in southern New Jersey on Monday, injuring 23 children and an adult staff member returning from a summer day camp, police officials said.
July 17, 2018
Excess & Surplus Lines
Liability
New Jersey
Another State Bans Hand-Held Devices While Driving
Georgia has joined fifteen other states which have outlawed the use of hand-held cellphones and mobile devices while driving. A new law signed by Governor Nathan Deal makes watching movies, shooting video, and even the mere “holding” of hand-held devices while in the vehicle—even while stopped—illegal.
July 16, 2018
Legislation & Regulation
Liability
Litigation
Subrogation
California
Connecticut
Georgia
Hawaii
Illinois
Fatal Explosion Levels Two-Story New Jersey Home
A fatal early morning explosion that obliterated a two-story house and killed a couple jolted people from their beds as much as a mile and a half away, and sent waves of shock and sadness through the small community of Newfield.
July 9, 2018
Liability
Property
Subrogation
New Jersey
Metromile Leverages AI And Sensor Data From Low-Impact Car Crashes To Tackle Insurance Fraud
In 2015, there were more than 6.3 million car accidents reported that involved property damage with insurance fraud accounting for 10 percent of property/casualty claims processed. While not every accident resulted in an insurance claim, those that did required extensive effort to be verified manually.
June 28, 2018
Auto
Technology
Arizona
California
Illinois
New Jersey
Oregon
300,000 Coastal Homes In US, Worth $120B, At Risk Of Chronic Floods From Rising Seas
Hundreds of thousands of homes along U.S. coasts are at risk of devastating coastal flooding over the next 30 years as climate change causes oceans to rise, according to a new study.
June 19, 2018
Property
California
Florida
New Jersey
New York
Pet Tricks Gone Wrong: Dog Turns On Stove
New Jersey authorities say a dog started a fire when it accidentally turned on an electric stove. The German shepherd and another dog were alone in the Alpha, New Jersey, home when the fire broke out late Wednesday morning.
June 11, 2018
Property
New Jersey
Law Student Found Guilty Of Insurance Fraud
A South River, NJ, law student was found guilty of insurance fraud for making fraudulent claims with Liberty Mutual.
June 8, 2018
Fraud
Property
New Jersey
Maximum Coverage Amount Offered As New Jersey Liability Settlement; Litigation Resulted In Award Eighty Times Larger
Law firm Stark & Stark announced that it has obtained a verdict of $1.2 million in compensatory damages for Kelley Mahan, a passenger in a Toms River car accident. Prior to trial, the insurance company had offered only $15,000 to settle the case; however, the jury determined that Ms. Mahan would receive 80 times that sum as compensation for her injuries.
June 8, 2018
Legislation & Regulation
Liability
Litigation
New Jersey
NTSB Advocates For Seat Belts On School Buses In Wake Of Fatal Wrecks
For the first time, the National Transportation Safety Board is recommending all new school buses be equipped with lap and shoulder seat belts, after the agency released findings from a special investigation report prompted by two deadly 2016 crashes.
May 24, 2018
Excess & Surplus Lines
Legislation & Regulation
Alabama
Alaska
Arizona
Arkansas
California
Insurance’s Flawed Business Model
At its core, the industry is plagued by an inherent conflict of interest. Our customers don’t have an industry expert advocating solely on their behalf; the experts have financial incentives coming from the insurance industry.
May 24, 2018
Risk Management
Alabama
Alaska
Arizona
Arkansas
California
Driver In Fatal New Jersey School Bus Crash Had 14 License Suspensions
The reported driver of the New Jersey school bus that collided with a dump truck last week, leaving two dead, has a long history of tickets, moving violations and license suspensions, the New Jersey Motor Vehicle Commission confirmed Tuesday.
May 24, 2018
Excess & Surplus Lines
Liability
Litigation
New Jersey
Animal-Related Insurance Claims Top 1.7M In Four Years
The National Insurance Crime Bureau (NICB) today released a study on the number of animal-related insurance losses for the years 2014—2017. The data is gleaned from insurance claims for losses that occurred in all 50 states plus the District of Columbia.
May 23, 2018
Auto
Alabama
Alaska
Arizona
Arkansas
California
