January 30, 2012
Contact: Patrick Breslin, 609-883-1300, ext. 7070
Mobile: 609-571-0497
Statement Regarding Banking and Insurance Commissioner Considine
WEST TRENTON, NJ — The tenure of Banking and Insurance Commissioner Tom Considine was praised today by Bernie Flynn, President and CEO of New Jersey Manufacturers Insurance Company (NJM).
"Commissioner Considine has been a strong consumer advocate while supporting a vibrant New Jersey insurance market. His record of accomplishment during his two-year tenure is impressive, particularly the leadership he displayed in response to the dramatic events caused by Tropical Storm Irene and the Department's initiative in proposing regulatory reforms in Personal Injury Protection medical coverage designed to control costs borne by auto insurance policyholders," Flynn said.
"We look forward to working with the Governor's nominee as Commissioner, Ken Kobylowski, in the continuing effort to better control medical costs for the benefit of all New Jersey drivers," Flynn said.
New Jersey Manufacturers Insurance Company is the largest provider of Personal Auto and Workers' Compensation insurance in New Jersey and is a major carrier of Commercial Auto and residential coverages. The Company operates exclusively for the benefit of its policyholders. As part of this commitment, NJM has returned dividends to policyholders each year since 1918, a total of more than $5.0 billion.
Previous News Releases
November 21, 2011 - NJM Sends Special Dividend Checks for 18th Consecutive Year
August 30, 2011 — NJM Insurance Group Policyholders Will Not Pay Hurricane Deductible for Irene
August 30, 2011 — NJM Responds To Irene-Related Claims
July 15, 2011 — NJM Supports Statewide 9/11 Commemoration
June 27, 2011 — Edward A. Stern Elected to NJM Board of Directors
June 20, 2011 — Kuiken, Wright Elected to Lead NJM Board of Directors
June 3, 2011 — NJM Wins "New Good Neighbor" Award
May 25, 2011 — Congratulations - Teen Driver Safety Program Winner
February 18, 2011 — NJM Recognized as a J.D. Power Customer Service Champion