Insurance news from New Jersey includes public adjuster charged with fraud

Insurance fraud decision

The charges were laid in the midst of a larger probe of the sector within the state. Prosecutors in New Jersey have just revealed the latest insurance news, which includes their performance of an investigation into public adjustors, as a part of a probe that seeks evidence of fraud. As a part of these headlines, a man from Monmouth County has received fraud charges. The charges in this insurance news include an attempt to use a phony claim to receive payments from the New Jersey Manufacturers Insurance Co. The public…

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Health insurance exchange vetoed by New Jersey governor

Health insurance stop sign

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…

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