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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]
In OCIP, all construction, materials, hazard, workers' compensation, environmental, terrorism, and other building-related insurance is purchased by the property owner as part of a single policy from a single insurer. Thus, property owners benefit from OCIP in that all insurance costs are collected into a single policy premium, rather than ...
The topic of workers' compensation fraud is highly controversial, with claimant supporters arguing that fraud by claimants is rare—as low as one-third of one percent, [63] others focusing on the widely reported National Insurance Crime Bureau statistic that workers' compensation fraud accounts for $7.2 billion in unnecessary costs, [64] and ...
Personal property coverage: This coverage makes up a large portion of your homeowners insurance and is designed to replace your home’s contents after a covered peril, including clothing ...
The annual average cost of car insurance in New Jersey is $2,555 for a full coverage policy and $1,029 for a minimum coverage policy, compared to the national average of $2,543 for full coverage ...
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 ...
Workers' compensation; Medicare compliance and claims resolution services; ISO's databases contain more than 19 billion detailed records relating to insurance and risk management, which form the basis for its information services, [6] with two billion records collected each year. [7]
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