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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]
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]
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
As of 2026, the new mandatory minimums for standard car insurance policies in New Jersey will be: $35,000 bodily injury liability per person $70,000 bodily injury liability per accident
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.
ISO serves insurers, reinsurers, agents and brokers, insurance regulators, risk managers, and other participants in the property/casualty insurance marketplace. [1] Headquartered in Jersey City, New Jersey , United States , [ 2 ] the organization serves clients with offices throughout the United States, along with international operations ...
A record 367,000 New Jerseyans had already signed up by Jan. 2, almost 25,000 more than last year and 42,000 more than 2022. That number will only get higher once January signups are tallied.