New Jersey facing down flood insurance changes coming from FEMA Earlier this month, the Federal Emergency Management Agency announced revisions to its flood maps that could have severe implications for many properties in New Jersey. The revisions were spurred by the impact of Hurricane Sandy, which caused widespread flooding in New Jersey, particularly in areas that had not been prone to floods in previous years. The flood maps are meant to assess the risks of certain properties and are often used to dictate the price of flood insurance coverage. FEMA’s…
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Health insurance exchange vetoed by New Jersey governor
Chris Christie rejects the bill to create a state based online marketplace. New Jersey Governor, Chris Christie has announced that he has vetoed a bill that would have had the state take part in the healthcare reforms for building an online health insurance exchange to allow uninsured residents to compare and purchase different plans. This is the second time in 2012 that Christie has rejected legislation of this nature. The Democratic-controlled legislature in the state has been working to try to establish a health insurance exchange that would be run…
Read MoreNew Jersey to get its first health insurance retail center this year
Blue Cross Blue Shield to open new retail center to meet consumer demand Horizon Blue Cross Blue Shield of New Jersey has announced that it will be building the state’s first health insurance retail center. The center will be located at the East Gate Square Shopping Center in Moorestown. The retail center is meant to fill a need in the state’s health insurance industry by providing consumers with access to updated information concerning health insurance trends and insurance news. Blue Cross Blue Shield claims that the center is a response…
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