TRENTON, N.J. – Assemblywoman Victoria Flynn’s bill increasing the competitive advantage of New Jersey-based insurance companies while potentially reducing policy costs for Garden State residents was signed into law Monday. The law (A4785/S3409), which takes effect immediately, allows for higher foreign investment limitations, which gives New Jersey insurance companies...
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TRENTON, N.J. – Assemblywoman Vicky Flynn’s bill increasing the foreign investment limit for New Jersey-based insurance companies to align with accepted best practices cleared the Assembly Commerce and Economic Development Committee on Monday. Flynn argues New Jersey’s insurance companies are currently at a disadvantage and her bill would allow...