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NJM Insurance expands coverage for NJ businesses

“The product launch is the culmination of NJM’s multi-year strategic plan to meet all of the insurance needs of businesses throughout the Mid-Atlantic region,” Mitch Livingston, NJM president and CEO, said in a statement. “For over a century, NJM has been New Jersey’s premier workers’ compensation insurer with a reputation for providing superior service and value to policyholders. We are pleased to offer that same commitment to businesses in need of a commercial package policy throughout our region.”

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New Jersey Commissioner for the Department of Labor and Workforce Development Robert Asaro-Angelo at Gov. Phil Murphy's daily COVID-19 press briefing at the War Memorial in Trenton on May 21, 2020.

NJ job market improves, but gains are uneven

"Last April, our workers were in dire straits,” Labor Commissioner Robert Asaro-Angelo told the Assembly Budget Committee. “The unemployment rate was 7.7%, and our workforce was barely half of its pre-pandemic levels. Today, the rate is down to 4.2%." But with these accomplishments, there are challenges his department still faces.

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