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PCI Sees More Reform Challenges For N.J.

Close to two years after New Jersey enacted a sweeping personal auto insurance reform program, an industry group said the state's market is showing signs of a healthy recovery, but additional measures

By Mark E. Ruquet | Updated on February 17, 2006

Close to two years after New Jersey enacted a sweeping personal auto insurance reform program, an industry group said the state’s market is showing signs of a healthy recovery, but additional measures need to be taken to ensure the improvements continue.

The Property Casualty Insurers Association of America credited the improved market directly to reforms enacted by the New Jersey Legislature in 2003.

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