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The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The department's mission is to regulate the banking, insurance and real estate industries in a professional and timely manner that protects and educates consumers and promotes the growth, financial stability and efficiency of these industries. [1]
Governor Chris Christie nominated Considine to serve as Commissioner of the New Jersey Department of Banking and Insurance (DOBI) on January 15, 2010. [6] [7]Considine repealed several out-dated or burdensome regulations, led DOBI through reaccreditation by the National Association of Insurance Commissioners (NAIC) and Conference of State Banking Supervisors (CSBS) and fought insurance fraud.
Steven M. Goldman served as the Commissioner of Banking and Insurance of New Jersey from 2006 to 2009. He was nominated to the position in February 2006 by Governor of New Jersey Jon Corzine. Goldman is an attorney who specialized in banking and insurance law, prior to his appointment as commissioner.
From April to June, the Financial Ombudsman Service received 3,869 complaints about car and motorcycle insurance and 1,776 buildings cover cases. From April to June, the Financial Ombudsman ...
The average cost of car insurance in the Garden State is $2,547 for full coverage, which includes collision and comprehensive insurance, and $1,028 for state-mandated minimum coverage on a ...
New Jersey increased car insurance minimums in 2023, and they’re going up again in 2026. ... Each state’s department of insurance sets its own rules for how much auto insurance you need to buy ...
Donald Bryan is the former Acting Commissioner of Banking and Insurance in New Jersey.A career employee of his department, served as Director of the Division of Insurance from 1999 to 2006, where he served two separate stints as acting commissioner.
Insurance fraud: If at any point a policyholder is found to have caused intentional damage in order to submit a fraudulent claim or takes any action that goes against the insurance policy contract ...