Insurance Council of New Jersey

09/13/2023

Thank you to everyone who joined us yesterday for a beautiful day of golf and networking! We appreciate your continued support of the work we do for the property/casualty industry of New Jersey.

We're looking forward to next year!

07/19/2023

Join us at our 17th Annual Golf Outing!
September 12, 2023, we will be playing at the A.W. Tillinghast designed Suburban Golf Club, in Union, New Jersey.

Shotgun start begins at noon, followed by a networking cocktail reception at 4:30PM.

For more information on registration and available sponsorships, please click on the following link, or scan the QR code below!

https://insurancecouncilofnewjersey.growthzoneapp.com/ap/Events/Register/mP7bolVp?sourceTypeId=Website&mode=Attendee

06/02/2023

The New Jersey Board of Public Utilities has issued a press release about the beginning of hurricane season, which officially began on June 1st: https://lnkd.in/etbVZkZf

The NJ BPU reminds residents of the following in the event severe weather is forecasted:
- All phone and electric devices should be charged in the event of power outages.
- If outages should occur, contact your utility right away; do not assume someone else has.
- Treat all downed power lines as live and do not go near them.
- Call 9-1-1 for fallen tree branches and downed live wires.

More information on hurricane and tropical storm preparation can be found on the NJMOEM website: https://lnkd.in/eSKKuSYM.

TRENTON, N.J. — The New Jersey Board of Public Utilities (NJBPU) and the New Jersey Office of Broadband Connectivity (OBC) will hold a digital equity event on May 12 in Palmyra, New Jersey.

05/22/2023

We are proud to partner with NICB for Contractor Fraud Awareness Week!
Learn more about how you can prevent contractor fraud by checking out NICB's public service announcements at the link below:
https://www.youtube.com/playlist?list=PLoo_j6vLmY7RQ9UAo1U8kxM1qHl9rlSNZ

12/21/2022

ICNJ President Christine O'Brien penned an Op-ed on NorthJersey.com today to correct the record on Senate Bill 357 which is likely to increase premiums for the majority of drivers by prohibiting insurers from considering factors statistically proven to generate the fairest, most accurate and competitive prices.

Senate Bill 357 may increase premiums for drivers by prohibiting insurers from considering factors proven to generate the fairest prices.

10/04/2022

Thank you to everyone who joined us from around the county at last week's State Insurance Trade Associations Conference at Hard Rock in Atlantic City. We had a tremendous time reconnecting with friends from around the country, getting updates from NAIC and NCOIL and being educated on all of the emerging trends in the P/C insurance industry. We are already looking forward to next year!

09/28/2022

Wrapping up a great first day of SITA 2022 in Atlantic City! Today we heard from representatives from the National Association of Insurance Commissioners and the National Council of Insurance Legislators. We also learned how climate change is impacting catastrophe losses and how improved modeling helps insurers stay prepared, then we took a deep dive on autonomous vehicle technology. We are looking forward to another great agenda tomorrow!

06/27/2022

More news coverage on the fast-tracked legislative proposal to increase auto insurance TWICE on more than 1.1 million New Jersey drivers. New Jersey 101.5

The minimum amount of liability insurance required might increase for the first time in 50 years. More than one in five drivers carry such a policy.

06/27/2022

More than 1.1 million New Jersey drivers would see two significant premium increases in three years if a bill being fast-tracked through the legislature this month is enacted. With runaway inflation already taking big bites out of families' budgets, why are politicians racing to increase costs even further on New Jerseyans?

In a new bill, 1.1 million New Jersey drivers — or about 20% currently on the road — could expect to pay an additional $120-$130 a year in coverage.

06/23/2022

Curious how the Senate's latest auto insurance bill package will impact your wallet? Take a few moments to read an Op-Ed by ICNJ President Christine O'Brien and learn more about the disastrous impacts the bills could have on millions of drivers.

Garden State residents need smart policies that improve their standard of living and help keep them and their families and loved ones safe.

06/22/2022

A package of bills moving through the Senate would increase the cost of auto insurance for millions of New Jersey drivers. Matt Arco of NJ.com outlines the pro's and con's this morning.

But advocates for the reform package say it’s long overdue and is needed for victims of crashes.

01/08/2022

Take it from independent insurance agents, a bill being considered by Trenton politicians could lead to hikes in auto insurance rates.

As local insurance agents who engage with members of the public seeking insurance coverage on a daily basis, we know all too well the negative impact that broad and poorly defined legal standards — such as those found in New Jersey Senate Bill 1559 and Assembly Bill 1659 — can have on the insura...