Marlene Caride, commissioner of the New Jersey Department of Banking & Insurance (DOBI), said that throughout the COVID-19 pandemic, her staff undertook various efforts to assist consumers and businesses affected by the public health crisis. This included providing relief to homeowners, people with student loans, and businesses. At this morning’s Virtual Town Hall event, sponsored […]
Starting this week, individuals seeking real estate licenses in New Jersey will be able to take the licensing exams remotely under a new remote option launched by the New Jersey Department of Banking and Insurance. The remote exams provide greater flexibility to individuals who want to take the licensure exams during the COVID-19 emergency. The […]
Assemblyman Herb Conaway, Jr., Chairman of the Assembly Health and Senior Services Committee highlighted his upcoming priorities for the NJBIA Health Affairs Committee Nov. 1. They include expanding the Board of Directors at University Hospital, ensuring patients have access to chemotherapeutic medications, addressing the lead in New Jersey’s drinking water, hosting a roundtable discussion on […]
The Department of Banking and Insurance (“Department”) intends to propose regulations to implement the Out-Of-Network Consumer Protection, Transparency, Cost Containment and Accountability Act, P.L. 2018, c. 32 (N.J.S.A. 26:2SS-1 to -20, “the Act”). The Department is providing this advance notice seeking your feedback concerning the implementation of the Act. You can provide any feedback concerning […]
On average, the premium price of 2020 plans for the individual market will be 8.7% higher than this year’s. That number is still 1.4 % lower than what consumers paid on average in 2018. Rates in the Small Employer Market will increase on average by 1.1 percent over last year.