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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]
Mutual Benefit Life was taken into receivership for rehabilitation by the New Jersey Department of Banking and Insurance on July 16, 1991, after losses in an overheated real estate market led to a run by policyholders, who ultimately lost the purported "cash value" that had been said to have accrued in their policies. At the time, the collapse ...
The Department of the Treasury seeks to ensure the most beneficial use of fiscal resources and revenues to meet critical needs, all within a policy framework set by the governor; to formulate and manage the state's budget, generate and collect revenues, disburse the appropriations used to operate New Jersey state government, manage the state's ...
New Jersey’s dollar-a-day insurance, or the Special Automobile Insurance Policy (SAIP), is a state-run program that offers low-cost car insurance to New Jersey drivers who have Medicaid with ...
New Jersey car insurance laws. New Jersey’s car insurance laws give drivers two options for coverage: a basic policy or a standard policy. Basic policies were designed by the state to ensure all ...
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 ...