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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]
Horizon Blue Cross Blue Shield of New Jersey, headquartered in Newark, New Jersey is the only licensed Blue Cross and Blue Shield Association plan in New Jersey, providing health insurance coverage to over 3.2 million people throughout all of New Jersey.
Penalty type. First offense. Subsequent offenses. Fines. $300 to $1,000. Up to $5,000. License suspension. Up to one year. Two years. NJ MVC surcharge. $100 for license reinstatement
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]
New Jersey increased car insurance minimums in 2023, and they’re going up again in 2026. ... a $15,000 fine for each fraud accusation and license suspension. Additional auto insurance coverage ...
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 ...
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.
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