• New Jersey Licenses First Captive Insurance Company
  • July 25, 2011 | Authors: Harry M. Baumgartner; Cynthia J. Borrelli; Susan Stryker
  • Law Firms: Bressler, Amery & Ross A Professional Corporation - Florham Park Office ; Bressler, Amery & Ross A Professional Corporation - New York Office ; Bressler, Amery & Ross A Professional Corporation - Florham Park Office
  • The New Jersey Department of Banking and Insurance on July 14 announced that it had licensed Prudential New Jersey Captive Insurance Company as the state‚Äôs first captive insurance company. Prudential Insurance Company of America formed this entity to manage risks in its life insurance and annuity business.