State of recovery: after years of tinkering, New Jersey's auto insurance market is finally well tuned.(Property/Casualty: Auto Insurance) From: Best's Review | Date: October 1, 2006| Author: | COPYRIGHT 2006 A.M. Best Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright information

The New Jersey automobile insurance experience illustrates the importance of a balanced marketplace, and a road map to achieving it. Regulators well know the challenge. They must provide consumers with real and affordable product choices from a variety of insurers. At the same time they must foster an environment where insurers, as businesses, can operate at a profit and remain solvent. While these two interests often collide, protection of the public and a robust insurance industry are mutually accessible goals.

The history of auto insurance reform in New Jersey offers ...

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