Lead generation in the insurance field has become a robust business over the last decade as competition increases and the market place remains stable or shrinking. The advent of sales on an electronic platform, cross...more
The amended Regulation 187, Suitability and Best Interests in Life Insurance and Annuity Transactions (Regulation) took effect Aug. 1, 2019, for annuity sales, and began applying to life insurance sales on Feb. 1, 2020. The...more
The New Jersey Department of Banking and Insurance (the "Department") has issued Bulletin No. 21-07 to follow the extension of the Federal Special Enrollment Period given the recent signing of the American Rescue Plan Act of...more
THE COBRA SUBSIDY - On March 11, President Biden signed the American Rescue Plan Act of 2021 (ARPA) into law. Among other provisions, ARPA provides for a 100 percent COBRA subsidy for up to 6 months for anyone who lost health...more
DFS reports that its Cybersecurity Portal has been redesigned to assist users with their filings. To ensure that filings are matched to the appropriate Covered Entity or licensed person, DFS requires the use of an identifying...more
The New Jersey Department of Banking and Insurance (“Department”) extended open enrollment and to create an extended COVID-19 Special Enrollment Period (“SEP”) to be in effect beginning at the end of the annual open...more
The New Jersey Senate passed Senate Bill S111, sponsored by Senators Nia Gill, M. Teresa Ruiz, Nilsa Cruz-Perez and Nellie Pou, which would prohibit the use of education, occupation, or credit score in certain automobile...more