PolitickerNJ Wire Feed
(TRENTON) - After hearing complaints from homeowners affected by Superstorm Sandy who claimed they were overcharged by public adjusters, Assembly Speaker Pro Tempore Jerry Green (D-Union/Middlesex/Somerset) today announced plans to introduce a bill that would cap how much a public adjuster can charge a homeowner for insurance claim assistance for certain emergencies.
Green said he decided to pursue the bill after hearing numerous complaints during a meeting in Union County from homeowners affected by Sandy who were overcharged by public adjusters hired to appraise their insurance claims. Public adjusters are experts on property loss adjustment who are retained exclusively by policyholders to assist in preparing, filing and adjusting insurance claims.
"Public adjusters are supposed to represent and look out for the best interests of the homeowner, but according to these residents, some of these adjusters were charging up to 40 to 50 percent of what the insurance company was to pay eventually. This is a crime. A loan shark doesn't even charge that much," said Green. "Unfortunately, there is nothing currently in the books to prevent these individuals from taking advantage of these homeowners. This bill changes that."
Contact Eva Loayza at (609) 847-3500
A polling memo prepared by a company with ties to Gov. Chris Christie shows public support for red light cameras.Read More >
Belmar mayor's race: a wave of post-Sandy project politics stirs up seaside Monmouth borough BELMAR - When Belmar Mayor Matt Doherty rolled out his re-election campaign in February, he did so still basking in the glow of what many residents of the 6,000-person Monmouth County seaside borough saw...
By MICHAEL W. KLEIN In his weekly radio address on August 16, President Obama challenged colleges “to do their part to bring down costs” and lighten the tuition burden on students. The state colleges and universities in New Jersey have... Read More >
"Christie’s method for coping with scandal has been more complicated. In January, the seemingly-local issue of lane closings on the George Washington Bridge, which created a massive traffic jam in the Hudson River town of Fort Lee, became one of national interest when it was revealed that one of Christie’s closest staffers had ordered them—for what looked like political retribution against a Democratic mayor. The scandal was quickly dubbed 'Bridgegate,' and unfortunately for Christie, it played into his reputation as a bully. Christie's response was to act unlike himself: humble." - Olivia Nuzzi- The Daily Beast
Press releases are submitted by PolitickerNJ users, not by staff. They do not represent the viewpoint of PolitickerNJ.com.