NJ Recovered $21M For Consumers, Health Providers In 2013

Law360, New York (March 19, 2014, 7:44 PM EDT) -- New Jersey has recovered nearly $21 million for consumers and health care providers, including $18.3 million from insurance companies and almost $7 million for victims of Superstorm Sandy, in 2013, Department of Banking and Insurance Commissioner Ken Kobylowski said Wednesday.

He said the state collected $2.6 million from banks and related financial institutions such as mortgage lenders and brokers following probes into consumer complaints and enforcement investigations.

“The department’s mission is to promote the growth and financial stability of the industries we regulate and to protect...
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