NJAHU chapters to look at Utah health exchanges Nov. 16

10.27.2010 | Mid-Atlantic, Midwest, New Jersey

The North and Central chapters of the New Jersey Association of Health Underwriters will hold a Nov. 16 meeting to learn from Ernie Sweat, an expert on the Utah health exchange.

GEICO accused of ‘deceptively selling’ auto insurance policies

10.26.2010 | Maryland, Mid-Atlantic, National, New Jersey, Property-Casualty Insurance News, Virginia

GEICO is accused in a proposed class-action suit of “deceptively selling” auto insurance policies by failing to tell some of its policyholders the legal amount of uninsured and underinsured motorist coverage they were required to buy.

IFA Insurance Co.’s unprofitable operating performance in the last few years was blamed in part for its lowered ratings outlook from a key ratings service.

Lawyer with insurance expertise named N.J. Red Tape fighter

10.22.2010 | Mid-Atlantic, New Jersey

Gov. Chris Christie named Edward B. Deutsch of Barnardsville, N.J., to the panel, created by executive order to review administrative rules and solicit public input how regulations will affect economic growth, investment and job creation in the state, according to mycentraljersey.com.

N.J. woman, in prison for insurance fraud, faces same charge again

10.20.2010 | Mid-Atlantic, New Jersey, On the Record

An Atlantic County, N.J., woman, serving a five-year prison term for third-degree insurance fraud, has been charged with submitting false information to Liberty Mutual Insurance Co. on 13 insurance policies.

Aetna Insurance and Mountainside Hospital based in Montclair, N.J., plan to discontinue their in-network contract.

Reciprocal insurer PURE chasing wealthy with national expansion

10.12.2010 | Maryland, Mid-Atlantic, Midwest, National, New Jersey, North Carolina, Property-Casualty Insurance News, South, West

The Privilege Underwriters Reciprocal Exchange (PURE) is expanding nationally in an effort in part to follow the money, according to its chief executive.

Former N.J. brokerage partner admits role in $20 million fraud scheme

10.11.2010 | Mid-Atlantic, New Jersey, On the Record

A former partner of the New Jersey-based insurance brokerage firm Smith Gatta Gelok pleaded guilty to preparing fake applications for commercial insurance clients as part of a $20 million fraudulent loan scheme.

Brown & Brown buys two N.Y. employee benefits firms

10.11.2010 | Health Insurance News, Mid-Atlantic, National, New Jersey, New York, Northeast

Brown & Brown has acquired Martin Benefits Consulting and Martin Human Resources, companies that offer employee benefits in the tri-state area.

New Jersey man accused of insurance fraud, theft by deception

10.10.2010 | Mid-Atlantic, New Jersey, On the Record

A Burlington County, N.J., man was indicted for allegedly collecting insurance monies to which he was not entitled, according to authorities in New Jersey.