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NJM Insurance Group, originally known as New Jersey Manufacturers Casualty Insurance Company, formed as a workers’ compensation insurance company on June 7, 1913, two years after New Jersey passed the Workmen's Compensation Act [4] which required all employers to carry insurance coverage for injured workers. [5]
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 company primarily sells term life insurance, [2] as well as other financial services including auto and home insurance, mutual funds, and credit monitoring. [ 47 ] [ 9 ] In 2010, Primerica was reported to have over 100,000 representatives selling the company's financial products, with individual earnings averaging $5,156 per year. [ 5 ]
Key takeaways. $15,000 of PIP insurance is legally required in New Jersey, but you can purchase up to $250,000 of PIP for additional protection.
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 ...
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 ...
The Mutual Benefit Life Insurance Company was a life insurance company that was chartered in 1845 and based in Newark in Essex County, New Jersey, United States. The company was headed by Frederick Frelinghuysen (1848–1924) .
ISO was formed in 1971 as an advisory and rating organization for the property/casualty insurance industry to provide statistical and actuarial services, to develop insurance programs, and to assist insurance companies in meeting state regulatory requirements. [4] It became a wholly owned subsidiary of Verisk Analytics in October 2009. [5]