Insurance Brief: NJM Policy Holders to Receive Dividends Again This Year

Posted & filed under Insurance Briefs, New Jersey Car Insurance.

The Associated Press has a wire report this week about NJM – New Jersey Manufacturers Insurance Company.

The insurer, which covers about 415,000 New Jersey drivers, all of whom work either for the state of New Jersey or for companies that are members of the New Jersey Business & Industry Association, is paying dividends of about $107 to each of its policyholders.

NJM began issuing the checks on Monday, November 15th, and will continue mailing them out through the middle of December. This is the 17th year in a row that the insurance company has issued dividends to its policy holders.

Based in the city of Ewing, NJM is the largest auto insurer in New Jersey.