New Jersey Insurance

NEW JERSEY may benefit today that makes possible the most effective form of birth control.

The state of the response to the population explosion: auto insurance mandatory. Yes, if applied correctly, it can work. But first some background information.

I remember the joy of my wife and I felt like each of our three born son. But now, I wonder if our views on children’s education would otherwise have been known, we have far too early, we would be the cost of auto insurance second only on the performance of federal taxes in our budget And that any appearance of freedom of choice completely evaporated, if our third son received his driver’s license in the past year, and we are in the ownership of virtual body on an enemy Auto Insurance Agent and society ? (Things were a little better a few years back, if our two boys celebrated the same rite of transition. But then in New Jersey, everything was better a few years ago, including tomatoes.) If the state orders auto insurance mandatory, creating a captive market for airlines of insurance, an area little known to stimulate charitable and humanitarian. The State is incompetent incredible self-regulatory register their own laws and insuring the airlines and Underwriting Association, have long triggered a series of accusations of crime and in the form of relatively ill-informed society. Indeed, the most liberal of us, it makes a strong case for the death penalty.

A few months ago, when more and more dissatisfied with my long period of social insurance, I spoke with about a dozen agents represent virtually all media sales of automobile insurance in the country. Each discussion was swimmingly, I propose a 17-year-old son with a driving licence. At this stage, I would have recognized that a highly contagious disease social (even if such a disease - the difference with a licence as a son - would not rule out the receipt from my insurance).

The fact that nobody in our family had already automatically in case of accident meant nothing. The fact that none of us has already cited for an offence movement meant nothing. Similarly, the fact that my son had the seat driver ed in high school and, of course, conduct a professional school and is a member of the National Honor Society.

All that counts is that New Jersey’s 17 years, men bear the mark of Kean, a presumption of debt statistics, which is used to justify exorbitant prices, or refusal, even for insurance. And New Jersey’s governor and his administration, as well as the reception, passes for a legislature (and perfectly), are no less - and not knowing what to do, if it’s care.

Of all the agents I spoke with only one - gave us the coverage, although a higher premium than I already pay. Several agents said that I am honest, my time trying not to drive would benefit from a new customer with a man 17 years in the family. Maybe, if we also my son on a trip, he offered money and expand its prospects …

When I told my dissatisfaction with the service, I was more and more, an agent is abruptly:”What do they care? What can you do?”

Well had my wife and I, we know about these 18 years, we had second thoughts about men with children? If knowledge of the rights of insurance costs were taken into account our family planning services? I do not know, but the situation is a good chance of becoming the pioneer of a new direction in the family and financial planning.

For example, with each marriage license is issued, and why not a pamphlet on the financial burden borne by families with children, if these descendants reaching the age of 17 terrible? The unemployment rate for men theoretical vis-à-vis female births, 50-50. How viele””informiert couples would be twice before each child (or several) address this contradiction?

On the other hand, financial incentives possible creation of contemporary couples. Is your newborn son? Take the non-taxable income for the first year, then it until the sale (”Your adopted child and you - perfect together”). New Jersey could have been the adoption of the country’s capital.

The state covers the pool, that half of New Jersey’s drivers lost nearly $ 1 billion since 1984 due to errors, private insurers ineffective, overwhelmed by the state, said an audit released today.

The state covers the pool, that half of New Jersey’s drivers lost nearly $ 1 billion since 1984 due to errors, private insurers ineffective, overwhelmed by the state, said an audit released today.

Kenneth Merin said Insurance Commissioner, it provides a quick action to performance relative to the pool, the Joint Underwriting Association. He said he would require that businesses pay more than $ 72 million, and immediately, it began as measures to restore over $ 823 million.

He said that the review is a damning indictment of industry and believes that private companies are responsible for about $ 908 million in losses between 1984 and 1988. For the first six months of 1989 included, the figure should be closer to $ 1 billion, about one third of the $ 3 billion deficit facing the association, said Merin.

Says the Court of criminal offences, it may by a few companies, “said Merin, it is the consideration of future actions with the Attorney General’s office. Error in the accident damage

The review was found that most of the field of rampant inefficiency and mistakes by private insurers has come into the club liquidated damages accident. Court of Auditors of private insurance companies usually overestimate the cost of repairs and pay too much damage - the costs, then charged to the club.

Denise novel, a spokesman for the insurance sector News Service, an industry trade group, said it had no comment about the review, because they have not yet verified, and it does not mean that all members of the group.

The examination results are important for drivers in New Jersey, pay approximately $ 1000 per car, among the highest in the nation. Most pay an average $ 220 per car only for premiums in the association afloat.

But the pilot is unlikely that any immediate release of higher premiums. Mr Merin said would return to cover the deficit in the club. He said that if the debt is reduced, the State may also be able to reduce the increase.

He said further rate cuts may develop, if it imposes performance standards in the industry.

The review did not say, like many other millions have been lost in excess of doctor bills, judicial and excessive jury awards.

The association was created to ensure drivers are unable to buy voluntary insurance market, and its first five years, the policy was 15 private insurance companies, has received service charges. The association currently has about half of the state pilot.

As a steady soaking rain, automobile, insurance chaos in New Jersey, to continue to seep into the gubernatorial campaign, and the race in his last days.

As a steady soaking rain, automobile, insurance chaos in New Jersey, to continue to seep into the gubernatorial campaign, and the race in his last days.

The question is grown in almost every campaign stop, candidates or voters, can not understand how the highest prices, or what someone can do to reduce it.

At an exhibition Fundraising luncheon with Barbara Bush yesterday in Newark, representative Jim Courter told 300 Republican supporters, he has a system that would Institut”fett”neue pricing. The average price of $ 1,000-a-car, among the highest in the country.

James J. Representatives Florio, the Democrat, said a group of retired members of the United Automobile Workers at Point Pleasant, on Thursday er”Senkung that tax rates and return on equity of an insurance system automobile, which was a national Joke. “Other costs of the shadows

With all his time and thousands of words about him speak, insurance remains a problem as eminent personalities, as when the race began earlier this year. Why is what is not clear. Even with an average of $ 1000, the assurances are a small portion of income taxes the cost of property or housing, which remained sub-issues in the campaign. The reduction promise of candidates will be minor, a policy of $ 200, compared to other costs.

But looms large insurance companies, in the eyes of voters. A survey by the Eagleton Institute of Policy found that 21 percent of voters surveyed believe auto insurance is the main issue for the next Governor, there is still the environment, drugs, taxes and abortion.

”Self-insurance is a problem in New Jersey, because new Jerseyans are constantly reminded that the prices are higher than in most other countries,’’said Richard W. Roper, program director for the New Jersey Business at the Woodrow Wilson School of Public and International Affairs at Princeton. ”This is a law that once you receive, you can not, as in mortgage rates of reimbursement. They are feeling the effects of high prices in one, two or four installments per year and the magnitude of the problem is intensified.”

Mr. Courter and Mr. Florio agreed that prices must be put under control. It said it would be the end of the town Underwriting Association, founded in 1983, coverage for drivers with little, been unable to buy insurance. The officers found they could more money by selling the pool. Hundreds of dollars in extra

Half of drivers, including good in the pool. The association has a debt of $ 3.1 billion, and all drivers to pay a surcharge of up to $ 222 per year.

Mr. Courter proposes instead the pool with a attributed to systemic risks and paying the debt with a tax on the profits of insurers.

Mr. Florio said he would be the abolition of the common Underwriting Association, at the end of the $ 222 impact. He suggested that insurers have forced payment of the debt and the creation of a fund for drivers with bad records.

In keeping with his belief that the role of government should be limited, Mr Courter a free market approach. He wants the state to stop insurers say how much they can be obtained free of charge and he wants to end agreements insurance offices waivers. Mr. Courter fierce said that the plethora of plans, Driving sentences. To strengthen the regulation

”The customer is king, Mr. Courter,’’said Thursday, when he spoke with colleagues at the headquarters of Sandoz Corporation in East Hanover. ”The consumer has to take decisions.”

Mr. Florio has long believed that the problem with government is that it is not hard enough. It aims to strengthen the regulations, which are often a report by the State to a division of insurance watchdog, that you make sure that insurers do not mislead consumers.

The insurance companies, the debt of New Jersey’s Insurance Commissioner for nearly 1 billion dollars in losses by État’s Joint Underwriting Association on policy motorists, studies on the basis of the Commissioner and its costs more different conclusions.

The insurance companies, the debt of New Jersey’s Insurance Commissioner for nearly 1 billion dollars in losses by État’s Joint Underwriting Association on policy motorists, studies on the basis of the Commissioner and its costs more different conclusions.

Verification of Industry, on behalf of the American Insurance Association, said the company, the State may debt association with less than $ 10 million. The review shows that the industry is girding to fight against the commissioner in court.

But the commissioner, Kenneth E. Merin said the verification of new questions about how the company operates in the years serves Underwriting Association. Releases about loading

Last month, Mr Merin released scores of internal audits by the 15 service companies. The assessment, carried out by two auditors by the State asserts that the losses of the club were the result of $ 428 million in too many requests and $ 375 million in overcharges on insurance by airlines.

Mr Merin said that on the basis of these evaluations, he complained institutions for the return.

The air transport companies had written policies and common services for applications Underwriting Association from 1984 until earlier this year, if the contract was awarded to four IT companies and vehicle insurance. The Insurance Association, whose headquarters is to reassure drivers with bad records, insurance has expired nearly half of the State pilot.

Robert A. Gaines, Vice President of the American Insurance Association in Washington, said decisions on managing the threat judicial Kampf”wird depend on each institution will continue.”He said the commissioner of insurance costs wurden” völlig without validity.”State of a commission planning Reply

Merin Commissioner said he had given the recent report by industry audit doubts that the state, the study - Arthur Andersen & Company in Chicago and the Insurance Committee Management Group Inc. Stamford, Conn. He said he had a detailed reply, as he heard of him. He said he would still try to refund insurance companies.

”We may ask other companies to resources, as it appears from their report, they can, what we do, they should not,’’said the Commissioner, City of Industry The report shows that some companies do not have the images of vehicles damaged and that some companies in the ratio of expenses for reimbursement of losses of conflict.

The insurance industry study was conducted under the direction of Kramer Associates of New York, whose chairman, Orin S. Kramer, who served as vice president and general manager of a commission of Dir Mario M. Cuomo study in New York State’s insurance liability crisis and Law Reform.

The report by Kramer in New Jersey criticized the method used by the Insurance Management Group in its report that serious error”.” And he explained that maintenance costs, insurance companies have been set by State and proved to be judicious. The report also notes that the firm Anderson’s results show disc “expenditure during the year 1988 more than their income of $ 50 million.

”The image degradation partly explains the lack of interest for insurers in seeking JUA Carrier roles in recent years,”the report said Kramer. Adoption load arbitrary

The report indicates Kramer Management Group of insurance arbitrarily assumed that 10 percent of all beneficiaries, an accident and not automatically, within 48 hours would retain a lawyer to derive management costs.

Insurance Management Group, Mr Merin, replied only 48 hours default came from space Industry Research Advisory Council, an organization of insurance companies, and that time does not start to pay, the affirmation lies in the hands of a claims manager.

The New Jersey Insurance Commissioner announced today that 13.1 per cent in the automotive, insurance premiums for more than 2.2 million state of 4 million drivers.

The New Jersey Insurance Commissioner announced today that 13.1 per cent in the automotive, insurance premiums for more than 2.2 million state of 4 million drivers.

The increase was announced, four days after the coup legislative not reach agreement on a set of accounts on the reduction of automobile insurance premiums. Motor insurance in New Jersey, the nation, the state’s most densely populated, are among the highest in the nation.

The 13.1 per cent of customers affects the 28 companies Insurance Services Office, gains less than 10 per cent in 1986 and it will automatically be the same for motorists, buy report on the Joint Underwriting Association, a State Pool running ensures that more than 2 million motorists and faces a deficit of $ 300 million.

The increase in average premium to $ 879 $ 784. If an additional $ 73, that all motorists in the month of March is counted, premiums will rise an average of 952 dollars on the renewal policy. Future Supplément

In addition, the commissioner of insurance, Kenneth D. Merin said he would, in general, about a week, another request for an additional $ 97 to support the common Underwriting Association. The pool at high risk for pilots, now half the State 4 million motorists, many of them with good conduct records, because insurers are reluctant to issue new policies.

Mr Merin said that the increase granted today - the first since 1983-would probably be the amount of the new allocation, it may help the underwriting pool. The sum of all increases in premiums in motor insurance permits this year but could reach about $ 200 for motorists with full coverage - liability, injury, comprehensive collision and tarpaulins.

The increase amounted to approximately $ 200 million of additional premiums per year for the pool, “said Merin, and $ 25 million for the private sector, rose to their files by the Insurance Services Office. The increases do not affect motorists insured by four large companies, recently completed its assessment of belonging Insurance Services Office. They are Allstate, New Jersey manufacturer, Liberty Mutual and USAA insurance companies. There is the possibility of a compromise

Mr Merin said he increased the premium paid to 28 companies, whose profit margin is less than 10 per cent in 1986. He refused an increase in business, gains of more than 10 per cent or gain or loss, whose experience was too low to justify an increase.

The latest impasse could lead to the formation of a committee composed of members of the conference the two houses to find a compromise that could win enough votes to get the two houses and M. Kean’s Office for his signature. Legislators are here to resume next week.

NEW JERSEY car owner, jolted last January, an additional $ 66 by the State for non-insurable Pool pilot now face the Premium Rate increase of over 13 per cent, and a new surcharge of $ 73 for the pool, so-called common Underwriting Association (JUA). Combined with the $ 70, you already pay for the financing of J.U

NEW JERSEY car owner, jolted last January, an additional $ 66 by the State for non-insurable Pool pilot now face the Premium Rate increase of over 13 per cent, and a new surcharge of $ 73 for the pool, so-called common Underwriting Association (JUA). Combined with the $ 70, you already pay for financing the JUA, provided by a private insurance company will be paying, indeed, a check for $ 209””Versicherungs a state agency who are not sure himself - on your own insurance premium.

New Jersey’s self-insurance was the nation’s most high for a period of five years, but the situation has become unacceptable. There were also many complaints that two committees of Congress, investigations have begun. However, I do not buy the defeatist perspective President of the Senate of State John Russo, said,”We deceive public opinion thought, we can do, which could save money. ”The problem began at the state level, and there can be solved. The key to the crisis lies our progress in the private sector. Four USA or hundreds of insurance companies offer liability coverage automobile. Only 78 companies in New Jersey. With the ninth largest population and the number of private cars, we should also rank ninth in the number of enterprises, self-assurance. Indeed, 36 countries have more businesses than we do.

The JUA, founded in 1984, was allegedly to carry out some bad risks can not find private insurance. Instead, the J.U.A. now provided 50 per cent of all motorists, most good records. The JUA’s volume, it is the nation sixth car insurer. But by law standards for private insurers JUA is bankrupt, with outrunning long-term debt income of $ 2.5 billion of the USA, and he thought that the rest of us attend church state Staff of insolvency.

In addition, insurers can not legally binding character premiums on the basis of all risk factors and should first approval of the insurance division to change prices. But our inadequate no-fault system of very high costs for insurers. Since the market are not competitive, companies after a few reasons to refuse all new models, but most of the above risks, raises even more motorists in the JUA

We can unleash a plethora of self-insurance with hundreds USA, while business costs competitive level. But first, we must reverse the depression era of thinking that has done enormous damage to the free market. We can not pass new laws establishing unrealistic margins of insurance companies, as suggested by some. It is also not to deny, insurers, the same right as carmakers, tires and gasoline retailers to sell at prices, promoting competition and expansion.

What we must do is, first, a decree no-fault system for the courts. Michigan, Florida, New York was not in themselves have very effective programs, with verbal threshold values for the actions of pain and suffering are in cases of serious breach. Most cases, civil liability to pay, without testing, and savings are considerable.

New Jersey’s no-fault threshold is ridiculously low and the problem is unlimited medical benefits. Verbal no-fault is an effective remedy in light of other countries. ”

Secondly, I believe that consumers are no less intelligent, when they buy car insurance if they buy or petrol, tyres or the car itself to restore freedom of consumers and the competitiveness of a open market of PAS should be addressed to the Place of the current system of prior authorisation. Under competition, consumers can more effectively punish insurers expensive than any bureaucracy, not their night: il.

The fees and commissions, automobile insurance companies have been together for the maintenance of New Jersey’s Joint Underwriting Association, when he began the year 1984 were buchstäblich”gezogen the air,”the Member State a study panel said today.

The fees and commissions, automobile insurance companies have been together for the maintenance of New Jersey’s Joint Underwriting Association, when he began the year 1984 were buchstäblich”gezogen the air,”the Member State a study panel said today.

The discussions of the participants, William J. Doyle, director of the independent insurance agent in New Jersey, said he was also a member of a committee contributed to what Underwriting Association, in accordance with the provisions of the Act of 1983. The association was to cover high-risk drivers, have not been able to buy insurance on the open market, but he opted for insurance for almost half of New Jersey four million motorists .

The fees for the maintenance vehicle was later deemed too generous and have been reduced.

”They came down, maybe not enough or fast enough,’’said Doyle. ”But we made a mistake, no question.”Rising insurance rates

Mr. Doyle is now a member of the Auto Insurance 16-member Commission of Inquiry, which today a consultation on the revision of the insurance association operating and accessibility of automobile insurance in the country . Motorists, the prices go up since the adoption of Act 1983, when he was seen as a way to reduce costs. The study panel of representatives of the insurance industry, consumer groups, lawyers and government officials.

The National Insurance Commissioner, Kenneth D. Merin, on all supplements auto insurance to enable the insurance association to continue to pay claims.

The Public Advocate, Alfred A. Slocum, a member of the Study Commission today urged Assekuranz two witnesses when they thought insurance companies, motorists on the association of public law, because they make more money As if the policy she wrote to her directly.

The witnessess, Wesley Caldwell, a lawyer as a representative of the Alliance of American Insurers, a group of industrialists and Phyllis M. Forsyth, representing the American Insurance Association, another trade group, said she did not know what the company had the merit maintenance Underwriting Association. But she says that the reluctance of private enterprises and write a new public policies of insurance, that laws, they said, the mandate of generous benefits, but do little to reduce costly litigation. On board to lodge a complaint against the stones

Karen Kotvas, a spokesman to represent an organization Trial lawyers against any attempt to reduce the public the right to accuse. She called for tough action against the theft of public vehicles for the reduction of duties on insurance. She said four towns in the state - Newark, Irvington, Camden and Elizabeth - were the National Automobile Theft Bureau, the list of 10 cities with higher rates of car theft in the country.

Representative Jim Courter, Republican of Hackettstown, recommended that the State to move from a system that requires the approval of Commissioner of Insurance insurance at a rate that allow the company to its own rate, what the is called an opening of PAS. He said that market forces would be increased competition and insurance are more available and accessible.

But J. Robert Hunter, chairman of the National-Versicherungs-consumer organization and a member of the Commission studies, opened a rating system would be easy to leave motorists in the grace of the insurance sector, he said, already enjoys a monopoly on the faces and little regulation.

Would not that much life insurance the most recent failure, New Jersey officials said yesterday that preparations to seize control of mutual benefits Life Insurance Company of Newark. Beiderseitigen benefits of the nation-18 largest life insurers, with $ 13.5 billion in assets reported since the deepening of the financial woes of its high level of investment in real estate complex.

New Jersey Senior officials have said that the company expects a formal request for state intervention at the beginning of next week. But the official added that the financial problems of mutual benefit, traces its origins to 1845 and has about 400000 insured in the country, has said in recent days that public action was likely, with or without application for a business.

“Things are not improved,” a senior official in the administration of Dir Jim Florio said in an interview yesterday. “Now, a question of the protection of policyholders.

For consumers, a decision on temporary refuge mutual benefits and research was good and bad news. It is good in the sense that animals mutual professional is stabilized and that the company should be able to forge an advance on its work plan by problems of real estate. At the same time, however, is assured compensation for incidentals seriously.

For example, more than a moratorium on repayment of the individual life insurance, the New Jersey Insurance Commissioner Samuel F. Fortunato, it is expected that the blocking for companies to forfeit any money invested with mutual benefit. And while the life insurance death benefits should be paid in full with the pensions of retirees may get smaller monthly checks for a while. Meeting Set for Monday

The Central mutual benefits, said a spokesman, she would not comment. But an early manager of the company, spoke on the condition of anonymity, said Mutual Benefit managers would be early Monday to vote on a resolution, insurers voluntarily to the custody of Mr. Fortunato. Mr. Fortunato, who expects an immediate freeze to insurance-life insurance to pay in its policy or borrowing against it.

The goal of mutual benefit, the executive said that stanch the flow of cash from insurers, since the weakening of the company on a daily basis, such as messages of their problems spread.

When the Record, a newspaper in Hackensack, New Jersey, has published an article yesterday on plans of state, it generates a torrent of calls for mutual understanding of the benefits of insurance nervous headquarters demanding their money. Some Mutual Benefit guaranteed themselves succeed in society Newark entry demanding refunds.

“The preferred what it takes to Wehret its inception, because otherwise some insurance are privileged compared to others,” mutual benefit executive said, referring to how the money flows, mutual benefit. “core of mutual benefit are in good condition.”

The disinterest is also true that public opinion is the risk of losing money from policyholders. Until today, losses on mutual professional you animal’s $ 5 billion portfolio of mortgages have cut its capital - its cushion against losses - at least $ 500 million. If the value of the company, the properties of a further decline of 10 per cent, the capital, would be eliminated. Each then leave future losses, a deficit should be provided to keep as a whole. Unlike most other countries, New Jersey has no industry-sponsored guarantee fund to protect policyholders. I am looking for the investor prosperous

But the mutual advantage of you that the leaders crossed a bridge is unnecessary. Not only do they have been disturbed repossessing properties and aggressive in finding tenants for them, they were also actively seeking a partner fortunate, infusion of fresh capital to mutual benefit. Given that the company core - the group life insurance and tell-owned Life Insurance Company - solid profitability, the leaders hoped that money can be increased.

New Jersey officials, it is expected to go on the court today to authorise adoption of the New Jersey Life Insurance Company. You say that the company is nearly bankrupt and tried to hide financial problems.

“You try to mask their insolvency,” said Don Parisi, New Jersey Assistant Attorney General, represents the State in the courts.

Lawrence B. Orloff, New Jersey Life lawyer, said the company has problems, but the capital was profitable later. He said it would be contrary to the takeover, because there was no reason to state control. “The company has tried to seek funds in a good way,” he said.

New Jersey Life, which is headquartered in Paramus, a relatively small insurer, with only $ 161 million of assets of insurance and Germany 56000. But the procession was followed closely by other insurers and regulators, New Jersey, because regulatory authorities are attacks on a technique called excess insurance relief, which is also of many other insurers .

The regulators say that such assurances may be an insurer overstated its pillows against losses, also known as surplus.

Surplus relief reinsurance has been praised by several healthy firms - including Equitable Life and mutual Connecticut - say that its use may be legitimate. The technique has also been troubled in companies - including Executive Life, mutual benefit and the first capital - as has recently been taken over by supervisors.

There are no specific rules, like a lot of money or other investments an insurance company must be next to absorb potential losses, but most insurers to maintain a certain amount of surplus . Surplus for obtaining aid organizations reinsurance, a company which, little surplus temporarily moving some of its debts to other insurers, and payroll costs.

New Jersey officials are now challenging New Jersey’s Life Using this technology, and how the company represented. The officials indicated that the company to deceive customers and regulatory authorities of overstating its after obtaining excess reinsurance. Why the regulatory authorities do not like it

Other regulatory authorities, including those in California, have also begun studying the insurance companies’ liability for the use of this technology-Shifting. The reluctance of authorities to regulate the practice for several reasons.

For one thing, transmission is only short-term debt, so that the insurer has not really relieved of its obligations or improve its position in surplus.

In addition, the amount of surplus increases, a company can not claim a subjective judgement, that the regulatory authorities, it would be preferable that insurers does not have its own.

And finally, because of some life insurers were seized by the state authorities were heavy users of aid organizations surplus of insurance before d ‘, the regulatory authorities wonder whether the practice is used as a pretext.

“We could conclude an agreement that the problems to hide,” said Chuck courses, director of the company on the settlement of the Missouri Division of Insurance. A protection practice

But leaders on health insurance companies say that approach may not legitimate uses, for example when a company suffered a temporary emigration of its surplus account.

Connecticut Mutual Life Insurance Company, for example, which is highly rated by Moody’s Investors Services Inc., said he recently received $ 35 million surplus mitigation reinsurance. The company made the move after a period of insurance has benefited from the programme, under which it could apply the concept of insurance and not pay a premium for several years.

The transaction was a “one-time basis for only one purpose,” said Rie Poirier, a spokesman for the company.

Direction: NEW JERSEY can benefit today that makes possible the most effective form of birth control.

NEW JERSEY may benefit today that makes possible the most effective form of birth control.

The state of the response to the population explosion: auto insurance mandatory. Yes, if applied correctly, it can work. But first some background information.

I remember the joy of my wife and I felt like each of our three born son. But now, I wonder if our views on children’s education would otherwise have been known, we have far too early, we would be the cost of auto insurance second only on the performance of federal taxes in our budget And that any appearance of freedom of choice completely evaporated, if our third son received his driver’s license in the past year, and we are in the ownership of virtual body on an enemy Auto Insurance Agent and society ? (Things were a little better a few years back, if our two boys celebrated the same rite of transition. But then in New Jersey, everything was better a few years ago, including tomatoes.) If the state orders auto insurance mandatory, creating a captive market for airlines of insurance, an area little known to stimulate charitable and humanitarian. The State is incompetent incredible self-regulatory register their own laws and insuring the airlines and Underwriting Association, have long triggered a series of accusations of crime and in the form of relatively ill-informed society. Indeed, the most liberal of us, it makes a strong case for the death penalty.

A few months ago, more and more dissatisfied after my long period of social insurance, I spoke with about a dozen agents represent virtually all media sales of automobile insurance in the country. Each discussion was swimmingly, I propose a 17-year-old son with a driving licence. At this stage, I would have recognized that a highly contagious disease social (even if such a disease - the difference with a licence as a son - would not rule out the receipt from my insurance).

The fact that nobody in our family had already automatically in case of accident meant nothing. The fact that none of us has already cited for an offence movement meant nothing. Similarly, the fact that my son had the seat driver ed in high school and, of course, conduct a professional school and is a member of the National Honor Society.

All that counts is that New Jersey’s 17 years, men bear the mark of Kean, a presumption of debt statistics, which is used to justify exorbitant prices, or refusal, even for insurance. And New Jersey’s governor and his administration, as well as the reception, passes for a legislature (and perfectly), are no less - and not knowing what to do, if it’s care.

Of all the agents I spoke with only one - gave us the coverage, although a higher premium than I already pay. Several agents said that I am honest, my time trying not to drive would benefit from a new customer with a man 17 years in the family. Maybe, if we also my son on a trip, he offered money and expand its prospects …

When I told my dissatisfaction with the service, I was more and more, an agent is abruptly:”What do they care? What can you do?”

Well had my wife and I, we know about these 18 years, we had second thoughts about men with children? If knowledge of the rights of insurance costs were taken into account our family planning services? I do not know, but the situation is a good chance of becoming the pioneer of a new direction in the family and financial planning.

For example, with each marriage license is issued, and why not a pamphlet on the financial burden borne by families with children, if these descendants reaching the age of 17 terrible? The unemployment rate for men theoretical vis-à-vis female births, 50-50. How viele””informiert couples would be twice before each child (or several) address this contradiction?

On the other hand, financial incentives possible creation of contemporary couples. Is your newborn son? Take the non-taxable income for the first year, then it until the sale (”Your adopted child and you - perfect together”). New Jersey could have been the adoption of the country’s capital.