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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]
The New Jersey Department of Corrections operates 13 major correctional or penal institutions, including seven adult male correctional facilities, three youth facilities, one facility for sex offenders, one women's correctional institution and a central reception and intake unit; and stabilization and reintegration programs for released inmates.
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 [6] [7]Considine repealed several out-dated or burdensome regulations, led DOBI through reaccreditation by the National Association of Insurance Commissioners (NAIC) and Conference of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.
New Jersey increased car insurance minimums in 2023, and they’re going up again in 2026.
The state offers subsidies to discount insurance premiums provided by private companies through "Get Covered New Jersey," mostly based on income levels. The average amount of financial help for ...
In New Jersey, the cost of car insurance tends to be on the higher side, with the average annual expense for full coverage hovering around $2,547 and minimum coverage at about $1,028, according to ...
Department of Banking and Insurance: Department licenses and regulates all state-chartered financial institutions, regulates the state's insurance industry, and handles investigations and prosecutions for civil insurance fraud violations; Marlene Caride: Department of Children and Families
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.