On April 9, 2020, New Jersey Governor Phil Murphy issued Executive Order 123, providing immediate relief to policyholders of property and casualty, life, health and dental insurance for nonpayment of premiums due to the COVID-19 pandemic. The Executive Order and the ensuing directives from the Commissioner of Banking and Insurance essentially pause any policy cancellations for nonpayment of premiums during the state of emergency.
4.15.2020