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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.
Due to the large number of multi-state insurers, the department utilizes a national state-based system of regulation in order to help meet this core mission. The Office's Captives Unit oversees New Jersey's captive insurance market, which opened for business in 2011 [15] and currently includes ten captive insurers.
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 [6] [7]Considine repealed several out-dated or burdensome regulations, led DOBI through reaccreditation by the National Association of Insurance Commissioners (NAIC) and Conference of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. ... Each state’s department of insurance sets its own rules for how much auto insurance you need to buy ...
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.
The office of an insurance commissioner is established either by the state constitution or by statute. While most insurance commissioners are appointed, in some jurisdictions they are elected. [1] The office of the insurance commissioner may be part of a larger regulatory agency, or an autonomous department. Insurance law and regulation is ...
Get answers to your AOL Mail, login, Desktop Gold, AOL app, password and subscription questions. Find the support options to contact customer care by email, chat, or phone number.
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]