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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]
One of the chief concerns of the association's founding members was the Employer's Liability Act. In 1911, the association formed the New Jersey Manufacturers Insurance Liability Co., with the goal of providing for the medical care of injured workers, as well as giving employers steady rates and incentives to keep their workplaces safe. [4] [5]
How to shop for home insurance. Buying homeowners insurance may be simpler than you think. Depending on the home insurance company you choose, you may be able to buy homeowners insurance entirely ...
In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...
HO-8 policies: The HO-8 home insurance policy is designed specifically for historic homes or older ones that are more challenging to replace. This may be because the homes have to meet historical ...
In homeowners insurance, the 80 percent rule refers to the fact that most insurance companies require homeowners to insure their home for at least 80 percent of its total replacement cost.
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